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Money trader Travelex down after getting victimized by cyberattack

The London-based foreign exchange company ‘Travelex’ was forced to shut down its online systems across the globe after falling into cyber traps on New...

US-Iran tensions put world market on edge

"The new year has started with a bang in so far as volatility is concerned." Thus, said technical analyst Fawad Razaqzada at Forex.com noting that the...

UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays

British banks Clydesdale and Yorkshire are currently in hot water following complaints over errors in customers’ salaries and payments. The patrons of the two banks took their...

China’s Ant Financial applies for banking license in Singapore, joining Grab...

Shortly after Razer and Grab, world’s highest-valued FinTech company “Ant Financial” applied for a digital wholesale banking license in Singapore in its aim to promote...

Global stock markets slip on Christmas Eve

With numerous major global markets closed for Christmas, the equity markets across the globe mostly slipped in a subdued trading held few hours before the 25th....

World Bank President urges lawmakers to prioritize debt management to avert...

As the World Bank warns a ‘global wave of debt,’ its President, David Malpass stressed that “debt management and transparency need to be top priorities for...

UK financial system threatened by climate change

Banks and insurers in the United Kingdom are critically horrified by the huge financial risks that climate change brings. With environment and economy being...
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