Commercial loans are considered non performing if the borrower has not made the scheduled payments for 90 days after the due date The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated
The last time Japan’s stock market was at current levels, in December 1989, the dust was still settling from the fall of the Berlin Wall and Billy Joel was topping the US charts.
Australians have begun to adopt various budgeting and money-saving strategies to manage their finances effectively. With the ever-evolving economic landscape over the years, people are embracing innovative approaches to budgeting and saving.
The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew.
Ras Al Khaimah Economic Zone (RAKEZ) is engaged in a series of strategic business events in major Indian cities to strengthen economic ties and extend support to Indian investors exploring opportunities in the UAE.
The Asia Pacific (APAC) region has witnessed a significant surge in the gig economy – an emerging labor market characterized by short-term contracts, flexible hours, and freelance work. This economic shift has been fueled by rapid digitalization, changing workforce demographics, and evolving work preferences.
Cryptocurrency trading ceased to be exclusively retail trader activity with the emergence of institutions in this sector. When large companies and financial entities entered the crypto space, the need for advanced tools and enhanced protection arose, stimulating the development of crypto platform infrastructure. In this article,
Ever since the Bitcoin network mined its first block back in 2009, crypto mining has swollen into a billion-dollar industry implicating global energy consumption on par with entire nations.
Do you think Shiba Inu could be the best long-term investment for a low value coin? Discover more here.
Bitcoin, the first cryptocurrency, was conceived and designed as an alternative payment system. Other coins that followed in its wake upheld the same principles, with the lofty aim of dethroning traditional currencies and paving the way for a new financial future.
Cryptocurrencies have taken the world by storm. These exciting new digital assets have promised to completely change the way we think about and conduct financial transactions, and we’re seeing them revolutionise a wide range of different industries.
China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally, having already boosted the yuan's share of global payments to record levels.