Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From a Faltering Economy
Large commercial banks in China are planning to lower some deposit rates, ahead of anticipated mortgage-rate cuts that will further squeeze profit margins.Read More
This Week in Fintech: TFT Bi-Weekly News Roundup 31/08
Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 31 August 2023. Company updates Pluto, a provider of financial corporate spend management solutions in the UAE, can offer corporate cards to all employees of UAE businesses across the whole GCC as well as Egypt, as part of its expanded service offering. Pluto will focus on […]
Salesforce Needs to Play Its AI Chips Wisely
The cloud-software giant promises even higher profit margins just as the AI spending war gets under way.Read More
Your Student Loan Repayments Are Due Again. Here’s How to Prepare.
After a three-year pause on payments and interest, millions of student loan borrowers need to take action.Read More
‘Oppenheimer’ Should Leave IMAX Glowing for a While
IMAX looks relatively well-shielded from Hollywood’s troubles.Read More
Zilch Birthday Celebrations Begin at The London Stock Exchange
Zilch, the ad-subsidised payments platform, has opened markets for trading at the London Stock Exchange on Thursday as it celebrates its third birthday. In three years, Zilch has generated £300million in rewards and savings for users, while customer numbers reach 3.5 million – equivalent to 3,000 sign-ups a day since launch. Describing itself as ‘Europe’s […]
Rare Protests in Syria Summon Echoes of Arab Spring
After 12 years of conflict, anger over growing economic hardships has boiled over. Protesters are demanding the ouster of the authoritarian President Bashar al-Assad and an end to the war.Read More
Scorching Heat Is Contributing to Migrant Deaths
Amid a relentless heat wave, some migrants are succumbing to heat exhaustion. More than 500 people have died of various causes this year while trying to cross from Mexico.Read More
The Dungeons & Dragons Players of Death Row
For a group of men in a Texas prison, the fantasy game became a lifeline — to their imaginations, and to one another.Read More
An Obsolete German Tank Seeks a Second Life on Ukraine’s Front Lines
The Cold War-era Leopard 1A5 may be old, but it is still effective, Germany says. The country is now training Ukrainian troops to operate the weapons.Read More
