A bank acting as a settlement lead manager needs a Target2 account. From this, the ECB tokenises the central bank money entitlement and allows the bank to use these tokens as a pre-programmable way to ...

By Buertey Francis BORYOR In the world of business and global trade, few organisations have as much quiet power as Future ...

Ma’aden debuted in the sukuk market last week, issuing $750m 5.25% 2030s at 100bp over US Treasuries and $500m 5.5% 2035s at ...

State-owned utilities firm Saudi Electricity Co (SEC) (Aa3/A/A+ by Moody's/S&P/Fitch), has mandated banks to arrange a series ...

The China stock market has moved higher in consecutive trading days, improving more than 70 points or 2.2 percent along the way. The ...

Traders are waiting for weeks to withdraw gold in London, as demand for physical gold ramps up to several new factors.

Arctic outflow warnings remain in place for parts of B.C. as the province continues to experience bitterly cold ...

Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly ...

KUWAIT CITY - Burgan Bank announced the establishment of a strategic USD 500 million Certificates of Deposit (CDs) program in ...

The Orange Line Metro Rail Transit System celebrated Chinese New Year at Anarkali Station (Station #13) with a vibrant cultural event, bringing together passengers, Chinese employees, and ...

BEIJING - China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients ...

Gold rallied to all-time highs amid the rush to a safe haven, triggered by President Donald Trump’s tariff threats, which ...