Read the latest news from regional and global sources, presenting different voices and perspectives.
Index heavyweights Reliance, banking majors, NBFCs, M&M to hog limelight in today’s trade
The Hindu Business Line
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August 18, 2025
Reliance Industries Limited’s (RIL) gross debt and net debt for the financial year 2024-25 stood at Rs 3.47 lakh crore ($40.7 billion) and Rs 1.17 lakh crore ($13.7 billion), respectively, according to the company’s integrated Annual Report...
The migrant hotel flashpoint in the heart of London's banking district: How Canary Wharf has become an asylum seeker 'dumping ground' with 'terrified' locals scared to leave homes
Daily Mail
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August 18, 2025
Once hailed as a 'miniature Manhattan', Canary Wharf's new status as a migrant hotel flashpoint has been seized upon as evidence of its decline. The decision to house hundreds of illegal migrants in the heart of East London's banking district has...
Kelvin Banks Jr. tasked to boost reeling Saints’ offensive line
Crescent City Sports - Louisiana
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August 17, 2025
SHOUGH! WELCH! what a throw, what a catch. 📺 @FOX8NOLA pic.twitter.com/YGuGEhWkSh — New Orleans Saints (@Saints) August 17, 2025 NEW ORLEANS — Stan Brock. Willie Roaf. Jermon Bushrod. Terron Armstead. Ryan Ramczyk. Can Kelvin Banks Jr. join the...
Dare County issues mandatory evacuation for Hatteras Island as Hurricane Erin threatens the Outer Banks
The Economic Times
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August 17, 2025
Dare County officials have issued a mandatory evacuation for all residents and visitors of Hatteras Island ahead of Hurricane Erin's expected impacts. The order comes as the county declared a local state of emergency, urging everyone to leave the...
Currency Outside Banks Tapers to N4.49trn, Now 90% of Cash in Circulation
This Day
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August 18, 2025
Nume Ekeghe Currency outside the formal banking system moderated to N4.49 trillion in June 2025, down from N4.63 trillion in May, though it continued to dominate overall liquidity by accounting for about 90 per cent of total circulation. Currency...
BOB RUBIN: Woke Banks Are Cancelling Americans – Here Is How They Should Fight Back
The Daily Caller
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August 18, 2025
Imagine this: You run a successful business. You pay your bills. You have done nothing wrong. Then one day, you get a letter from your bank saying your accounts are being closed with no explanation, just “policy.” The truth? You gave money to a...
A name change will benefit ‘small finance banks’: Baskar Babu
The Hindu Business Line
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August 18, 2025
Small finance banks (SFBs) seem to have come of age, with the Reserve Bank of India recently giving in-principle approval to the largest among them — AU SFB — to transition to a universal bank.In an interaction with businessline, Baskar Babu R,...
The migrant hotel flashpoint in the heart of London's banking district: How Canary Wharf has become a asylum seeker 'dumping ground' with 'terrified' locals scared to leave homes
Daily Mail
·
August 18, 2025
Once hailed as a 'miniature Manhattan', Canary Wharf's new status as a migrant hotel flashpoint has been seized upon as evidence of its decline. The decision to house hundreds of illegal migrants in the heart of East London's banking district has...
Attention Outer Banks vacationers: Mandatory evacuation ordered for Hatteras island ahead of Erin
InsideNoVa - Virginia
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August 17, 2025
Emergency management officials on Sunday declared a state of emergency and ordered the evacuation of Hatteras Island on North Carolina's Outer Banks beginning Monday due to threats from Hurricane Erin. Dare County's senior leaders met Sunday...
Corporate borrowing shifts to banks as SBI MCLR spread over bonds narrows
The Economic Times
·
August 17, 2025
Mumbai: Corporates are poised to return to bank lending as the spread between State Bank of India's (SBI) Marginal Cost of Funds-based Lending Rate (MCLR) and bond yields continues to narrow. The spread, which had widened to 210 basis points in...
Hong Kong’s Klook taps banks for US IPO: report
Deal Street Asia
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Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering in the U.S., according to two people with knowledge of the matter. The Hong Kong-based company, backed by investors including...
Family & kids events this week in Outer Banks: Aug. 17-23
Outer Banks Times - North Carolina
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August 17, 2025
Jeanne Holmgren Director at Carteret County Public Library System | Carteret County websiteJeanne Holmgren Director at Carteret County Public Library System | Carteret County website The following family & kids events are scheduled to take place...
Hong Kong banks to run out of AI, green finance talent by 2030, study shows
South China Morning Post
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August 18, 2025
“We want to see local banks provide more training for their staff to upgrade their knowledge and skills to plug the talent shortage gap, instead of using higher pay to fight for talent from other banks,” Arthur Yuen Kwok-hang, deputy chief...
The global divide on ‘de-banking’: How the US, UK and EU approach risk
Euronews
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August 17, 2025
Imagine logging into your bank account one morning and finding everything frozen—cards declined, standing orders stopped and your savings untouchable. No fraud alert, no bounced cheque. Just a brief message: “We are closing your account. Please...
All eyes on Jerome Powell as central bankers meet at Jackson Hole
The Times
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The world’s most powerful central bankers will gather for their annual jamboree at Jackson Hole, Wyoming, this week where the attention of financial markets and the US president will be squarely on one man: Jerome Powell. The embattled chairman of...
Competition Commission and international banks to square off in ConCourt over rand price-fixing accusations
Daily Maverick
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August 17, 2025
The Constitutional Court is due to hear four days of legal argument in a matter involving the Competition Commission and more than two dozen banks from across the world, which the commission has accused of “the most egregious form of...
Trump’s tariffs to worsen the slump in one large corner of Indian banking
Mint
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August 18, 2025
Sectors including textiles, jewellery, apparel, seafood, machinery and mechanical appliances, chemicals, and auto components are expected to bear the brunt of the 50% tariffs on Indian goods entering the US. Direct lending by top banks such as...
Major banks lead domestic salary rankings
Donga Ilbo
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In the first half of this year, employees at South Korea’s four major commercial banks earned an average of 63.5 million won, a record high that surpasses domestic giants such as Samsung Electronics and Hyundai Motor. For the first time on a...
Klook taps banks for US IPO, sources say
Yahoo Finance
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By Echo Wang and Julie Zhu NEW YORK (Reuters) -Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering in the U.S., according to two people with knowledge of the matter. The Hong...
Avenor Rural Bank Plc ranked 43rd among 127 rural banks
Ghana News Agency
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August 17, 2025
By Agbaxode Emmanuel Akatsi (VR), Aug. 17, GNA – The Avenor Rural Bank Plc, with its headquarters at Akatsi in the Akatsi South Municipality of the Volta Region has been ranked 43rd among 127 Rural Banks assessed across the country under the 2024...