Eisai Co., Ltd. and EcoNaviSta Inc. have entered into a strategic business alliance aimed at creating a comprehensive dementia ecosystem. This collaboration seeks to leverage the strengths of both companies...
Category: Finance
Investors Rely on Earnings to Stabilize Tech Market Amid New ETF Launch
Investors are looking to corporate earnings reports to stabilize the tech market, which has seen significant volatility recently. The S&P 500’s technology sector has experienced a notable decline, shedding nearly...
Revolut Business Launches Flexible Cash Funds for Romanian Companies
Revolut Business has introduced its new Flexible Cash Funds for Romanian companies, offering a fresh way to manage and grow business cash reserves. Launched on July 19, this innovative financial...
Microsoft Cloud Outage: Massive Global IT Crash Hits Airlines, Banks, Media
A massive global IT outage caused by a defective update from CrowdStrike has disrupted operations across various sectors, including airlines, banks, and media. The issue, which began on July 19,...
Savings of Individual Customers at Banks Hit Record High
Despite low interest rates, individual customers in Vietnam have continued to deposit their savings in banks, setting a new record high. According to the latest data from the State Bank...
RBI Penalizes Four Co-op Banks for Violation of Norms
The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks for non-compliance with its regulations. The penalties, announced on Thursday, target the Vaishali District Cooperative Bank,...
Charles Schwab CEO Defends Business as Shares Tank After Earnings
In a recent interview with CNBC’s Jim Cramer, Charles Schwab CEO Walt Bettinger defended the company’s performance amid a significant drop in its share price. The financial services giant saw...
Big Banks Forced to Refund $28 Million in Fees
In a landmark decision, several major banks in Australia have been ordered to refund over $28 million to low-income customers. This follows an investigation by the Australian Securities and Investments...
Singapore Banks Ditch One-Time Passwords
In a significant shift towards enhancing digital security, Singapore’s major retail banks are set to phase out the use of one-time passwords (OTPs) within the next three months. This move,...
Banks Permitted to Sell Investment-Linked Insurance Products
In a significant development for the banking and insurance sectors, banks have been granted permission to sell investment-linked insurance products. This regulatory change aims to enhance the financial services offered...