Nepal’s central banking authority has come down hard on three major commercial banks for ignoring critical financial regulations. The Nepal Rastra Bank (NRB) slapped fines and issued severe warnings to...
Category: Business
UK Banks Plot Break from US Card Giants Amid Trump Fears
Imagine tapping your card for morning coffee and seeing “Declined” simply because of a political spat across the ocean. This nightmare scenario has British banking leaders racing to build a...
China Expands Visa-Free Travel to Japan and Eight Other Nations Through 2025
China has significantly widened its doors to the world by announcing the resumption of visa-free entry for Japanese citizens and adding eight other countries to its visa-waiver program. The move...
Small Business Sales: Unlock Massive Tax Savings Before You Exit
Selling a business is the ultimate payday for many hardworking entrepreneurs. It represents the finish line after decades of sweat, stress and sacrifice. But a massive tax bill can quickly...
Australian Shares Tick Up as Tech, Gold and Health Lead Market Rally
Australian share markets edged higher on Monday, lifted by strong performances in technology, gold and healthcare stocks as companies kick off the half‑year earnings reporting season. The benchmark S&P/ASX 200...
Digital Banking in Sri Lanka: Why True Inclusion Still Eludes Many
Sri Lanka’s march toward digital banking has gained headlines and praise abroad, but for many citizens, especially outside major cities, the promise remains out of reach. Despite some modern mobile...
Nigerian Banks in Frenzy Race to Meet CBN Capital Deadline
The clock is ticking loudly for Nigeria’s banking sector as financial institutions scramble to meet the stringent recapitalization requirements set by the Central Bank of Nigeria (CBN). With the March...
Private Banks Mint ₹4,818 Crore in Balance Penalties
Indian banks have collected a staggering ₹4,818 crore in penalties from customers failing to maintain minimum balances in the fiscal year 2024-25. A new report tabled in the Lok Sabha...
Crypto Lobby Hits Back at Banks Over New Stablecoin Bill
The battle for the future of digital money in America just reached a boiling point. The Digital Chamber has officially launched a counterattack against major U.S. banks regarding the highly...
White House Adviser Says Stablecoin Yields Not a Threat to Banks
This week in Washington brought a fresh perspective on one of the most hotly debated issues in US financial policy. A senior White House crypto adviser told lawmakers and industry...