Tag: finance

FINTECH and the future of financial stability

The current world economy is heading into a possible recession given the uncertainty of the United States-China trade dispute, Brexit, volatile Middle East region and global oil prices fluctuations. While on the other hand, the financial industry is blooming with digitalization and high-tech innovation to create...

Eurozone agree details of tiny eurozone budget

European finance ministers agreed Thursday on the basic terms of a tiny eurozone budget that has been scaled back from the ambitious goal of French President Emmanuel Macron. "We have a new pillar in the foundation supporting the euro," Eurogroup head Mario Centeno told reporters...

Credit Swiss says Malaysia still taking stock of inherited ‘bad hand’

In a swipe over old Malaysia and comments on Malaysia Baru, S.J.W. Hagger, head of equities for Credit Suisse in Malaysia says Finance Minister Lim Guan Eng has done an excellent, though unpopular job in taking stock of inheriting a very ‘bad hand’. The report...