AdocumentaryaboutaChineseunderdog,whichtookontheUSgovernment,isupforanOscar.“Abacus:SmallEnoughtoJail”isthestoryofafamily-ownedbankinNewYork’sChinatown–theonlyb
PunjabNationalBank(PNB)saidtheamountoffraudulenttransactionsinvolvingthebankcouldgoupbyabout$204millioninadditiontothe$1.77billionithadearlierreported,sendingsh
Latvia'stroubledABLVBank,whichUSauthoritiesaccusedofinvolvementinmoneylaunderingschemesandbribery,islikelytobeliquidatedastheEuropeanCentralBankhasdeterminedtha
ByAPDwriterRishikaChauhanNEWDELHI,February23(APD)-AccordingtoareportpublishedinAsiaTimes,investigationshavefoundthatthecarddetailsofaround10,000PunjabNationalBa
Atleastfivepeoplewerekilledand16othersinjuredwhenabombexplodedinabankinLashio,Myanmar'snorthernShanstateonWednesday.Eightoftheinjuredarecurrentlyinseriouscondit
HSBCsaidonTuesdaythatitsreportedpre-taxprofitfor2017stoodatUS$17.2billion,up141percentontheequivalentfigurefor2016,whenthebankbookedlossesonanumberofone-offitem
TheEuropeanCentralBanksaidMondayithasfrozenpaymentsbythethird-largestbankintinyBalticstateLatvia,asitsfinanceshavedeterioratedinthewakeofmoneylaunderingallegati
ThevalueofbondsissuedinChinatotaled2.5trillionyuan(394.1billionU.S.dollars)inJanuary,datafromthecentralbankshowed.Ofthebondsissued,2.4trillionyuan'sworthweresol
SeveralofEurope’stopfinanceofficialsareskepticalaboutvirtualcurrencieslikebitcoin,sayingtheyareriskyforinvestorsandinefficientasawaytopayforthings.Germany’stopm
India'sstate-ownedmultinationalbankingandfinancialservicescompanyPunjabNationalBank(PNB)Wednesdaydetected"fraudulentandunauthorised"transactionsworthabout1.77bi
U.S.FederalReservechairmanJeromePowellsaidonTuesdaythatthecentralbankwillremainalerttoriskstofinancialstabilityinthewakeofrecentmarketrout."Wewillremainalerttoa
TighterfinancialregulationshavepromptedChinesebankstoapportiongreaterresourcestotherealeconomyandimprovetheoverallqualityoffinancialserviceswhilekeepingrisksatc
JeromePowelltooktheoathofofficeonMondayasChairmanoftheU.S.FederalReserve,succeedingJanetYellen."Today,unemploymentislow,theeconomyisgrowing,andinflationislow.Th
Malaysia’scentralbankonThursdayraiseditskeyinterestrateforthefirsttimesinceJuly2014,totapthebrakesatatimegrowthhasbeenrobustandinflationcreepingup.Withtheeconom
TheUSSenateonTuesdayconfirmedformerinvestmentbankerJeromePowellasheadoftheFederalReserve,puttingPresidentDonaldTrump'spickinaroleofenormousinfluenceovertheworld
Chinadoesnotcontrolordominatethedecision-makingoftheAsianInfrastructureInvestmentBank(AIIB),thebank'spresidentJinLiqunreiteratedhereonMonday.AsaBeijing-headquar
InflationinRussiahitarecordlowof2.5percentlastyear,thecountry'sofficialstatisticsserviceRosstatsaidWednesday.Theratebegantosteadilydeclinefromapeakof12.9percent