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Tag: banking

Posted on 24/12/2024

Stock market today: Asian stocks mixed at the start of a holiday-shortened week

Asian markets were mixed on Tuesday after stocks in Wall Street shook off a choppy start to finish higher the previous day as it kicked off a holiday-shortened week. Honda shares surged more than 16% ... ( read original story ...)

Posted on 23/12/2024

Stock Market Today: Asian Shares Are Mostly Higher After Wall Street Rally Caps a Dismal Week

BANGKOK (AP) — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. U.S. futures and oil ... ( read original story ...)

Posted on 22/12/2024

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

A bench of Justices Bela Trivedi and Satish Chandra Sharma heard the petitions from banks like Standard Chartered Banks, American Express, Citibank, Hong Kong and Shanghai Banking Corporation (HSBC) ... ( read original story ...)

Posted on 21/12/2024

‘Four giants:’ architectural feats that created Shanghai’s famous skyline

Shanghai’s skyline is dominated by towering skyscrapers known as the “four giants” in the Lujiazui financial center of the Pudong New Area. ( read original story ...)

Posted on 20/12/2024

People’s Bank of China keeps key lending rates steady for second straight month, as expected

People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most ... ( read original story ...)

Posted on 20/12/2024

Supreme Court overrules consumer forum’s 30% interest rate cap on late credit card payments

In 2008 the National Consumer Disputes Redressal Commission had ruled that charging rates in excess of 30% per annum for late payments constituted an unfair trade practice. The Supreme Court stayed ... ( read original story ...)

Posted on 20/12/2024

UK finance minister to revive regular economic talks with China in January trip, sources says

Britain's finance minister Rachel Reeves will visit China on a two-day trip in January to revive high-level economic and financial talks that have been frozen since 2019, three people with knowledge ... ( read original story ...)

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