Business

Wednesday 16/November/2016 17:41 PM

Ban on high-value rupee notes backfires

New Delhi: One week after India’s sudden declaration that 500- and 1,000-rupee notes were no longer legal tender, the economy is in chaos. And that’s...

Wednesday 16/November/2016 13:23 PM

Singapore to test its own digital currency

Singapore: Monetary Authority of Singapore (MAS) is poised to become the latest central bank to test its own digital currency, which it will use in a trial...

Wednesday 16/November/2016 13:20 PM

Abu Dhabi mulls more bank mergers

Dubai: Abu Dhabi is considering more mergers to boost its financial services industry after combining National Bank of Abu Dhabi and First Gulf Bank,...