Tag: Savings & Money News

A major policy shift in BoC’s monetary policy framework

Money Veronica Elishya -
OTTAWA (CU)_Every five years, the Bank of Canada (BoC), together with the Ministry of Finance, publishes a new monetary...

You don’t have to memorise lengthy credit card numbers anymore

Money Veronica Elishya -
MUMBAI (CU)_Every year, people across the global lose billions of dollars as a result of credit card fraud and...

Good news for depositors of co-operative banks under moratorium

Money Veronica Elishya -
MUMBAI (CU)_Depositors of co-operative banks currently under moratorium in India can now look forward to a long-delayed settlement, as...

Paytm to break away from parent company?

Money Veronica Elishya -
NOIDA, Uttar Pradesh (CU)_One97 Communications (OCL), headquartered in the city of Noida, is the leading mobile-internet company in India....

What caused Britons to spend more and save less?

Money Veronica Elishya -
LONDON (CU)_ as lockdown restrictions eased earlier this year, the situation started to turn around, and now with summer...

Nationwide to attract savers with switching bribe

Money Veronica Elishya -
SWINDON, Southwest England (CU)_Since the beginning of the COVID-19 pandemic, people have been reluctant to change their bank account...
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Gap between the rich and the poor having deadly effects on impoverished populations

Money Michael Alfonsia -
MELBOURNE (CU)_ As the gap between the richest and the poorest of Australia continues to widen, a recent report...

Cryptocurrency exchange to reward Indian Olympians

CUDFN Michael Alfonsia -
MUMBAI (CU)_So far, India has gone to claim 1 silver medal and 3 bronze medals at the ongoing Tokyo...

Central Bank of Nigeria launches major policy shift following MPC meeting

Money Michael Alfonsia -
ABUJA (CU)_Following the July 2021 Monetary Policy Committee (MPC) meeting in Abuja, the Governor of the Central Bank of...

Universal credit top-up to be withdrawn as planned

Money Michael Alfonsia -
LONDON (CU)_In March last year, when the government of the United Kingdom began to respond to surging COVID-19 infections,...

Is Canada turning its back on the oil sector?

Money Michael Alfonsia -
TORONTO (CU)_Amid a global awakening on the need to minimise global warming and climate change, many countries have launched...

Uncertainty lingers as OPEC+ fails to reach a supply deal

Money Michael Alfonsia -
ABUJA (CU)_For more than a year now, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) have...

More Australians optimistic about the future of cryptocurrency

CUDFN Michael Alfonsia -
SYDNEY (CU)_A recent study conducted by comparison website Finder, one in three Australians believe that cryptocurrencies will eventually be...

UK a no-go area for top crypto exchange platform

Money Michael Alfonsia -
LONDON (CU)_Amid growing interest in cryptocurrencies across the globe, many governments have begun clamping down on the industry, particularly...

A single currency for West African states?

Money Michael Alfonsia -
LAGOS (CU)_More than two decades ago, countries across the West African region initiated plans to launch a common currency...

South Africa to regulate the crypto space?

Money Michael Alfonsia -
PRETORIA (CU)_Over the recent past, cryptocurrencies have been in the spotlight owing to several factors including the dramatic rise...