The Reserve Bank of India sets the minimum rate of interest, which all banks use as their standard rate. Banks are not allowed to lend…
China and Russia show solidarity, but likely won’t support each other militarily, analysts say
International pressure may have pushed China and Russia closer together, but not enough for them to send military support to each other, political analysts say.
WhatsApp starts pilot to adopt 500 villages in India for access to digital payments
WhatsApp has announced a pilot programme of adopting 500 villages across Karnataka and Maharashtra aiming to empower villagers with access to digital payments through ‘Payments…
Senior Credit Suisse executive in talks over exit from bank
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Stock futures are flat following tech sector sell-off
U.S. stock futures are flat Thursday evening after a day in which tech names struggled, dragging the rest of the market down with them.
Stocks making the biggest moves after hours: FedEx, Rivian, U.S. Steel and more
These are the stocks posting the largest moves in after-hours trading.
The Federal Reserve still has a lot of questions to answer about its long-term strategy
While the Fed managed to clear up what its plans are for the near term, there are still questions left for the long term.
CFPB opens inquiry into buy now/pay later lenders
The Consumer Financial Protection Bureau has ordered Affirm, Afterpay, Klarna, PayPal and Zip to provide information about the potential risks their products pose.
UK bank shares jump as Bank of England raises interest rate
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Bankers quietly mould crypto innovations for their own use
News, analysis and comment from the Financial Times, the worldʼs leading global business publication