Since the third plenum of China’s 19th Central Committee’s in 2018, economists and academics have offered advice on how Beijing should plan its economic strategies. And with the tone-setting third plenum of the new Central Committee set to take place next week in Beijing to chart China’s long-term growth path, we look at four of … Read more
The number of people in the US looking for financial advice has soared since the pandemic and continues to climb rapidly. According to research from Statista, assets under management (AUM) in the US financial advisory market could reach $62.61 trillion in 2024 from $56.83 trillion in the year prior. More people seeking financial advice make … Read more
Allegations of corruption around the so-called Vitals deal figured prominently in the work of the Maltese investigative journalist Daphne Caruana Galizia, who was assassinated in 2017. Caruana Galizia published extensive investigations into privatization deals brokered by the Muscat administration. Charges are also pending against Muscat, who was prime minister from 2013 to 2020, as first … Read more
Location. Costs. Time and convenience. There are many reasons that people aren’t participating in the Loblaw boycott, a movement fuelled by customers fed up with high prices at the grocery retailer. The boycott was started by a Reddit group with about 70,000 members called “Loblaws is out of control.” It calls for shoppers to avoid the retailer’s Loblaws stores, along with its offshoot … Read more
Federal efforts to bring “open banking” to Canada are being welcomed by players in the industry — but there’s also criticism that, after years of waiting, any changes may not come fast enough to encourage innovation or allow smaller financial players compete with larger institutions. Open banking lets consumers or business customers share personal and financial information between approved banks and other … Read more
New Delhi: Information Technology (IT) solutions provider Mphasis on Friday announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to launch Gen AI Foundry for financial services. According to the company, the Gen AI Foundry will serve as a dynamic platform for modelling industry use cases and developing proof of concepts … Read more
Nitin’s attempts to schedule an appointment with a doctor he had found online had proved fruitless. He had almost given up on the phone numbers that had popped up in the online search, when he received a call. The person claimed to be from the doctor’s office and asked him to download a mobile application … Read more
President Bola Tinubu has approved the appointment of Abdullahi Bello as the chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Mr Bello is a consummate professional with more than 25 years of work experience in consulting, banking, law enforcement, financial services, and academia. READ ALSO: Tinubu extends tenure of FCT … Read more
A main organizer of the “Freedom Convoy” is suing the federal government for using the Emergencies Act to freeze his bank accounts, arguing it breached his Charter rights to protest COVID-19 mandates. Chris Barber, who owns a trucking company in southwestern Saskatchewan, filed last week a statement of claim in Court of King’s Bench in … Read more
In the rapidly evolving landscape of financial services, digital inclusion has emerged as a crucial driver of economic growth and social development. While urban centres in India have experienced significant strides in digitalisation, tier-3 and 4 cities present a unique challenge due to limited access to traditional banking infrastructure. Non-banking lenders or non-banking financial companies … Read more
