International

International
ECB Gives Banks More Time To Cover Unpaid Loans
August 22, 2019

The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday (Aug. 22).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Ghana’s Central Bank Pulls Licenses Of 23 Financial Institutions
August 22, 2019

In August of 2017 Ghana’s government announced that it was going to clean house in its financial services sector — particularly among lenders and second-level financial institutions.  And by all accounts they were entirely serious, as it has been an expensive and comprehensive journey. So...

International
Protests Prompt Alibaba To Delay Hong Kong Listing
August 21, 2019

Chinese eCommerce giant Alibaba is shelving an approximate $15 billion listing in Hong Kong due to growing political unrest, sources told Reuters on Wednesday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Giovanno Buttarelli, EU’s Data Protection Supervisor, Dies At 62
August 21, 2019

The top data protection supervisor in Europe has passed away at the age of 62, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
US Ambassador Sends Show Of Support To India Tech Firms
August 20, 2019

The United States ambassador to India would like the biggest American tech firms to meet with government officials in New Delhi to discuss data localization and eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
UK Labour Party Wants To Reopen Closed Shops In New Plan
August 19, 2019

The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year in an attempt to revitalize British high streets, according to a report by The Financial Times.  Get the Full Story...

International
Economic Strength In China Paralyzed As Trade War Forges Ahead
August 14, 2019

High unemployment combined with weak production and consumption point to an ever-slowing economy in China as the trade war with the U.S. continues, The Wall Street Journal reported on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy...

South Asia
What Cambodia’s Debt Crisis Means For Microlending
August 13, 2019

There is a debt crisis slowly but surely building in Cambodia that could see millions of people losing their homes and family farms — the result of microlending run amok amongst 15 percent of the population. And while the individual loans are small — relatively...

International
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...