Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
Israel’s security cabinet has approved a plan to designate 13 Jewish settlements in the West Bank as independent entities, separating them from their parent communities, Finance Minister Bezalel Smotrich announced on Sunday.
DBS Group, Southeast Asia’s largest bank, announced plans to cut approximately 4,000 jobs - about 10% of its current workforce - over the next three years as artificial intelligence increasingly assumes roles traditionally performed by human employees.
The Bank for International Settlements (BIS) has warned that U.S. President Donald Trump’s trade war and deregulation plans could disrupt financial stability, fuel inflation, and increase market volatility, posing challenges for global central banks.
Barclays customers are facing ongoing service disruptions for a third consecutive day, following a technical issue that has affected online and mobile banking services since Friday.
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