Japan Real Wages Fall Most Since 2014, Keeping BOJ Goal Distant
(Bloomberg) — Japanese workers’ real wages fell by the most in eight years, suggesting that there’s still some way to go before the central bank can achieve its wage-growth accompanied…
Credit facilities for 100 largest bank clients increase to EGP 603bn: CBE
The Central Bank of Egypt (CBE) has revealed that the credit facilities granted to the largest 100 borrowers in the public and private business sectors amounted to about EGP 603bn…
FOREX-China reopening hopes lift risk sentiment ahead of Fed minutes
By Tom Westbrook SINGAPORE, Jan 4 (Reuters) – The euro steadied on Wednesday and riskier currencies bounced, lifted by optimism that China’s eventual emergence from COVID restrictions helps growth, while…
Daily Financial Regulation Update — Wednesday, January 4, 2023
PH Fintech Tracker on Executive Order for Digital Assets Major Developments Federal Reserve Board Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Agencies issue joint statement on…
Massive TFSA recontribution mistake puts taxpayer in CRA’s crosshairs
Close up of Canadian banknotes (CAD) background I’ve already made my 2023 tax-free savings account (TFSA) contribution … have you? The new TFSA dollar limit is $6,500 for 2023. And…
Climate Risk Management vs. Community Development Lending: NYDFS Wants Its Banks and Mortgage Companies to Do Both | Perspectives & Events
On December 21, 2022, the New York Department of Financial Services (“NYDFS”) proposed guidance for how the banks and mortgage institutions it regulates (“New York Institutions”) should manage climate-related financial…
Stock Market HIGHLIGHTS: Sensex, Nifty end positive for 2nd day in row; HDFC Life, SBI Life top gainers
Stock Market HIGHLIGHTS: Indian stock markets S&P BSE Sensex and Nifty50 ended Tuesday on a strong note. Both indices registered their second consecutive gains today. Sensex closed at 61,294.20 and was up…
Federal Home Loan Bank of Atlanta Announces Three New
ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council).…
Outlook 2023: Foreign exchange traders might actually have to earn their keep
Foreign exchange market trading, let alone predicting currency movements, is often a fool’s errand. John Maynard Keynes reportedly lost his shirt and nearly bankrupted himself at times speculating on currencies.…
Banking and Financial Access for All
By Ram Devanarayanan, Head of Business Consulting, Infosys Finacle Asignificant segment of the world’s population remains excluded from banking. Yet as physical cash retreats, it is…