Australian taskforce to crackdown on billions stolen by welfare cheats
The Chinese yuan has overtaken the Canadian and Australian dollars since November 2014 to enter the top five world payments currencies, said SWIFT in a recent report.
The European Commission has on Wednesday proposed an amendment to European Union (EU) budget rules, which would allow the concerned member states to defer their increased contributions payment until Sept. 1 next year.
New Zealand's central bank is looking to bolster the regulatory oversight of payment systems to guard against the effects of hacking, outages and other risks, Reserve Bank of New Zealand (RBNZ) deputy governor Grant Spencer said Tuesday.
Argentina's lawmakers Thursday passed a bill that allows the government to pay its foreign debt through domestic banks.
Only 47.38 percent of the payments by companies in Singapore were made on time in the second quarter, down from 51.92 percent in the previous quarter, Channel NewsAsia reported on Tuesday.
More Chinese consumers are making payments via mobile devices and the size of the market is expected to exceed 800 billion yuan (130.4 billion U.S. dollars) this year, more than five times the volume in 2012, a report has revealed.
Two former senior officials of Spain's ruling People's Party denied on Tuesday any wrong-doing in their testimony to a court concerning the accusations levelled against them in the ongoing corruption scandal.
简体中文
