Read the latest news from regional and global sources, presenting different voices and perspectives.
Bank of America starts coverage of Rathbones at 'buy'
ShareCast
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Bank of America initiated coverage of wealth manager Rathbones on Wednesday with a ‘buy’ rating and 2,250p price target, as it said the stock remains highly undervalued on around 10x 2026 estimated price-to-earnings. It noted that this is a 19%...
Bank of Ghana Maintains Flexible Exchange Rate Amid Cedi Stability
News Ghana
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June 18, 2025
Bank of Ghana Governor Dr. Johnson Asiama has reaffirmed the central bank’s commitment to a flexible exchange rate system, dismissing speculation about fixed exchange rate targets. Speaking at the “Banking the Last Mile” forum on June 17, Dr....
Investing in road infrastructure!
The Point
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It is said that a country’s development is not only gauged by investment made on building infrastructures, education or health care services, but also its road infrastructure network. In the recent past, the government has embarked on an ambitious...
Bank of Ghana Reaffirms Flexible Exchange Rate Policy
News Ghana
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June 18, 2025
Governor Dr. Johnson Asiama has reiterated the Bank of Ghana’s commitment to a flexible exchange rate regime, dismissing suggestions of fixed currency targets despite the cedi’s significant recovery this year. Speaking at a banking conference in...
Bank of Ghana Tightens Rules on Bad Loans With New Draft Policy
News Ghana
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June 18, 2025
Ghana’s central bank has introduced stringent measures to tackle rising non-performing loans (NPLs) in its banking sector, setting a 10% NPL threshold for all financial institutions by December 2026. The draft policy outlines ten key provisions...
Finance professionals expect less emphasis on ESG and DEI
Personnel Today
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June 18, 2025
More than half of senior professionals in UK financial services believe their employer will place less emphasis on DEI and sustainability in the future, according to new research. CRIF, a provider of consumer and credit information, found that 56%...
Investors should 'take clues' from fundamentals, not headlines
Yahoo Finance
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Investors are watching the escalating conflict between Israel and Iran, possible trade negotiations, and the upcoming Federal Reserve meeting. Jeff Krumpelman, Mariner Wealth Advisors chief investment strategist and head of equities, explains why...
Financial close for 600 MWh Belgian battery
ESS News
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June 18, 2025
Belgian utility Luminus has closed financing for the 150 MW/600 MWh BESS it is installing in the Wallonian region of Navagne. Described as the largest BESS currently under construction in Wallonia, the project, near a hydroelectric station in...
Bank of Korea Calls for Structural Reforms to Stabilize Inflation
Business Korea
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June 18, 2025
The Bank of Korea (BOK) has diagnosed that the complexity of inflation uncertainties makes it difficult to achieve price stability through monetary policy alone. While the consumer price inflation rate remains near the 2% range, the burden of...
Bank Indonesia holds benchmark interest rate at 5.50 pct
Xinhua News Agency
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JAKARTA, June 18 (Xinhua) -- Bank Indonesia decided to maintain its benchmark interest rate at 5.50 percent, with the deposit facility rate at 4.75 percent and the lending facility rate at 6.25 percent, during its board of governors meeting on...
Financial Dynamics of Insecurity in Mozambique and Nigeria
Royal United Services Institute
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June 17, 2025
Violent Insurgency During the ongoing insurgency in Mozambique’s northern province of Cabo Delgado, the activities of Islamist insurgents aligned with the Islamic State have left indelible financial footprints. For example, local researchers found...
China’s central bank throws weight behind new, emerging global currency system
Cryptopolitan
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June 18, 2025
China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum in Shanghai, Pan Gongsheng, governor of the...
Junction Announces Major New Investment, Senior Appointments, and Rebrand to Drive Travel Tech Innovation
TechBullion
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June 18, 2025
Share Share Share Share Email Junction, formerly Snowfall, is pleased to announce the relaunch of its business, including a significant new investment from core investor Korelya, the rebrand from Snowfall Travel to Junction, and new senior...
China Pushes Multi-Polar Currency System as Faith in Dollar Dips
Asia Financial
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June 18, 2025
China’s central bank is ramping up its push for a multi-polar currency system for the world. Pan Gongsheng, governor of the People’s Bank of China (PBOC), vowed to expand international use of the digital yuan and is angling for a system in which...
Dugar Finance secures $3M from Symbiotics to expand EV and solar financing.
BFSI
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June 18, 2025
Dugar Finance & Investments Limited, a Chennai-based non-banking financial company (NBFC) with a strong focus on green and inclusive lending, has raised $3 million in debt from the $75 million Green Basket Bond issued by Swiss impact investment...
Nifty 50 top gainers today, June 18: IndusInd Bank, Titan Company, Trent, Maruti Suzuki, Mahindra & Mahindra and more
Business Upturn
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June 18, 2025
On June 18, Indian equity benchmarks closed marginally lower amid cautious investor sentiment. The BSE Sensex declined by 138.64 points, or 0.17%, settling at 81,444.66, while the NSE Nifty 50 fell 41.35 points, or 0.17%, to close at 24,812.05....
China's central bank promotes blockchain and stablecoins as solution to payments
Cryptopolitan
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June 18, 2025
People’s Bank of China (PBoC) governor, Pan Gongsheng, emphasized blockchain’s role and distributed ledgers for global payments at the Lujiazui Forum event on June 18. Pan said China will establish an international operation center for the digital...
Bitwise Says Fiat System Is Losing Trust Among Investors: It’s Bitcoin Time!
Crypto Economy
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June 18, 2025
TL;DR Bitwise CIO Matt Hougan warns that the fiat money system is no longer perceived as stable by many investors. Central banks are shifting toward gold to hedge against currency debasement, while individuals are increasingly adopting bitcoin as...
Canadian investors spent billions of dollars on Treasuries in April, stats reveal
Wealth Professional Canada
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However, foreign investors acquired $11.6 billion in Canadian shares across multiple industries with particular focus on energy and mining and credit intermediation and related activities. This boost for equities follows more than $40 billion...
Deutsche Bank Unveils DAMA 2: A Fund Tokenization Framework Using Ethereum and ZKsync
Crypto Economy
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June 18, 2025
TL;DR Deutsche Bank has partnered with Interop Labs and Memento Blockchain to launch DAMA 2, a fund tokenization framework leveraging Ethereum and ZKsync. The system offers Blockchain-as-a-Service capabilities, enabling financial institutions to...