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Category: FINANCE

Posted on July 13, 2021

Finance Minister Nirmala Sitharaman & her Bhutanese counterpart jointly launch BHIM–UPI in Bhutan

Adding a new milestone in financial integration between the two economies, Finance Minister Nirmala Sitharaman & her Bhutanese counterpart Lyonpo Namgay Tshering, jointly launched BHIM–UPI in Bhutan …

( read original story …)



Posted on July 13, 2021

Cabinet approves 15% special allowance for Pakistan Army

The Federal Cabinet has approved the summary on granting a 15% special allowance for the personnel of the Pakistan Army, Information Minister Fawad Chaudhry said Tuesday. The salaries of the Pakistan …

( read original story …)



Posted on July 13, 2021

China’s Economic Growth to More Than Halve in Second Quarter, More Policy Support Seen: Reuters Poll

China’s economic growth likely slowed in the second quarter, as higher raw material costs hurt factories and new COVID-19 outbreaks weighed on consumer spending, a Reuters poll showed, suggesting …

( read original story …)



Posted on July 13, 2021

After Singapore, Bhutan adopts India’s BHIM-UPI

Bharat Interface for Money (BHIM) is India’s digital payment application (app) that works through UPI, a system that powers multiple bank accounts into a single mobile application …

( read original story …)



Posted on July 13, 2021

China Called Finance Apps the Best Thing Since the Compass. No Longer.

Beijing’s tech crackdown could imperil the innovation that brought modern finance to underserved people — but also led to concerns about reckless lending and borrowing.

( read original story …)



Posted on July 13, 2021

China Called Finance Apps the Best Thing Since the Compass. No Longer.

Beijing’s tech crackdown could imperil the innovation that brought modern finance to underserved people — but also led to concerns about reckless lending and borrowing.

( read original story …)



Posted on July 13, 2021

China’s monetary policy basically returns to normal, says PBOC China’s monetary policy basically returns to normal, says PBOC

China’s latest liquidity release of about 1 trillion yuan ($155 billion) is a normal operation as the monetary policy basically returned to normal in the first half of the year, so the stance of the …

( read original story …)



Posted on July 13, 2021

China’s monetary policy basically returns to normal, says PBOC China’s monetary policy basically returns to normal, says PBOC

China’s latest liquidity release of about 1 trillion yuan ($155 billion) is a normal operation as the monetary policy basically returned to normal in the first half of the year, so the stance of the …

( read original story …)



Posted on July 13, 2021

China’s Tech Crackdown Could Hit Wall Street’s Wallet

de la Merced, Lauren Hirsch and Ephrat Livni China’s I.P.O. crackdown is quickly zooming beyond … if recent headlines are to be believed. Finance ministers from the Group of 20 formally backed a …

( read original story …)



Posted on July 13, 2021

China’s Tech Crackdown Could Hit Wall Street’s Wallet

de la Merced, Lauren Hirsch and Ephrat Livni China’s I.P.O. crackdown is quickly zooming beyond … if recent headlines are to be believed. Finance ministers from the Group of 20 formally backed a …

( read original story …)



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