BUSINESS

Banks say draft capital rules make cryptoassets too costly to trade

LONDON : Proposed capital rules for banks holding cryptoassets on their books could block lenders from competing in the fast-growing sector, a group…

Japan regulator to oversee computer system at Mizuho Nikkei says

TOKYO : Japan's banking regulator will jointly oversee system management at Mizuho Financial Group's retail arm, as part of an administrative action…

China Evergrandes rising default risks shift focus to possible Beijing rescue

HONG KONG: Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday…

Vatican Shona Agrotech Pvt Ltd has bagged Asia's Innovative Company Award

INTRODUCTION OF RAJESH SINGH RATHORE

Rajesh Singh Rathore's life began with a humble foundation…

Covid pandemic fuelling financial crime says UAE Central Bank

The Covid-19 pandemic, which shook financial markets and trigged economic chaos last year, has heightened the risk of money laundering and terrorist…

Evergrande poses limited risk of economaic crisis in China Bank of Singapore says

Evergrande Group, China's second-biggest property developer by sales, currently poses a "limited" risk of triggering an economic crisis in the country…

Gastech to highlight regions evolving hydrogen industry

Hydrogen will dominate the talks this week at one of the biggest global energy conferences of the year, to be held in the UAE.

World leaders…

Explainer: The Evergrande crisis and why its stock price is plunging

Evergrande Group, China's second biggest property developer by sales, has come under increasing scrutiny in recent months as the company grapples with…