INCHEON, May 2 (Reuters) – Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding needs during pandemics and natural disasters, as global recession fears and volatile financial markets cloud the economic outlook.
The impact of US interest rates increasing on the region’s capital flows may also be discussed when finance ministers and central bank chiefs of ASEAN+3 – which groups the 10-member Association of Southeast Asian Nations (ASEAN)
Thinking of entering the RoSPA Health & Safety Awards for the first time? On the face of it, it can seem quite daunting. “Which part of the organization should I enter? Have we got enough evidence to support the ten key performance questions?” And so on…
After all, there is a lot of hard work involved entering an internationally recognized and highly prestigious reward scheme, so to make life a little easier, we put together this little infographic to show you just how simple it is to start your awards journey.
Exchanging best practice is at the heart of
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, speaks at a press briefing on the global policy agenda during the International Monetary Fund (IMF) and World Bank Spring Meetings on April 13. Credit – Mandel Ngan / AFP via Getty Images
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The biggest headlines that typically emerge from the spring meetings of the World Bank and International Monetary Fund (IMF)—which are taking place this week in Washington DC—tend to focus on the short-term
From inflation to high interest rates and a possible recession, this year is off to a rough start for most Canadians, money wise. But here’s a silver lining: The financial blahs may give you a little extra oomph to stick to your New Year’s resolutions in 2023.
Exorbitant prices make it easier to tame any lingering shopping impulses after the holidays. High borrowing costs add urgency to debt-busting goals. Economic uncertainty is a powerful motivator for finally attending to a dwindling rainy day fund. And the topsy-turvy financial market of 2022, in which both stocks and bonds took a beating,
By Aidan Lewis
CAIRO (Reuters) – A fund to deliver financing to places affected by climate-fuelled disasters should be created by the annual UN climate summit that opens at the end of November, the lead host negotiator at last year’s summit said on Thursday.
Agreement to establish a “loss and damage” fund was secured at COP27 in Egypt last November, but the deal did not spell out who would pay into the fund or how the money would be disbursed.
Before COP27 rich Western countries had long resisted calls from vulnerable states for a loss and damage fund, fearing it
US stocks got smoked on Wednesday after the Federal Reserve raised interest rates by a quarter percentage point amid a fast-moving banking crisis and Chair Jerome Powell suggested rate cuts were not in the picture this year.
The S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI) and the technology-heavy Nasdaq Composite (^IXIC) all dropped by about 1.6%.
US government bond yields dipped. The benchmark 10-year Treasury yield slid to 3.4%, while on the front end of the yield curve, two-year yields dropped 3.9%. Oil prices gained, with WTI crude up to $70 a barrel.
The Federal Reserve’s policy-making committee,
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
For DeFi, the last week of 2022 saw another slew of exploits, insider job accusations and exit scam drama. It all started on Christmas, when Defrost Finance, a decentralized leveraged trading platform on the Avalanche blockchain, was exploited by a DeFi flash loan attack causing $12 million in losses.
However, the hacker behind the attacks reportedly returned a portion of the funds the next day. Security analytic firm Certik looked into the chain of
Published: Feb. 23, 2023 at 9:00 AM EST|Updated: 1 hour ago
Change Enhances Clarity, Signifies Renewed Commitment to Service Excellence
RALEIGH, NC, Feb. 23, 2023 /PRNewswire/ — First-Citizens Bank & Trust Company (First Citizens Bank) announced today that its vendor equipment financing business will now be known as First Citizens Bank Equipment Finance to better communicate its core mission to vendors, customers and prospects.
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Formerly known as CIT Business Capital, the vendor finance business became a part of First Citizens Bank in January 2022 as a result of the bank’s merger with CIT Group
