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BANKS in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows no sign of slowing down.

GERMAN private bank staff have struck a deal with employers for a 10.5 per cent pay increase to cope with rising living costs, union and bank representatives said on Thursday (Jul 4).

GERMAN private bank staff have struck a deal with employers for a 10.5 per cent pay increase to cope with rising living costs, union and bank representatives said on Thursday (Jul 4).

INCORPORATING non-financial considerations when constructing climate indices could result in lower financial returns, compared with conventional benchmark returns.

A THIRD-STRAIGHT daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including US political drama and the potential for disposals by creditors of the failed Mt Gox exchange.

THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.7 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (Jul 4).

THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.7 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (Jul 4).

THE Australian dollar stood tall near a six-month high on Thursday, after cracking major resistance levels overnight as soft US economic data fanned hopes of a September rate cut, supporting bonds.

THE People’s Bank of China (PBOC) tapped two of the country’s biggest banks for its plan to borrow government bonds, a potential step towards cooling a market rally, according to sources familiar with the matter.

US FEDERAL Reserve officials at their last meeting acknowledged the US economy appeared to be slowing and that “price pressures were diminishing,” but still counselled a wait-and-see approach before committing to interest rate cuts, according to minutes of the two-day session held on June 11-12.