U.S. and Australian officials said on Monday they were committed to improving financial connectivity in the Pacific, as ...
The withdrawal of major banks from Pacific islands poses significant socioeconomic risks to the region, prompting ...
Australia on Tuesday pledged to boost investment in Pacific Island countries to support their financial systems, as banks cut ...
WELLINGTON/SYDNEY, July 15 (Reuters) - The World Bank is preparing a financial lifeline for Pacific Island nations, backed by ...
Stopping bank closures in the Pacific is vital for the economic wellbeing of island communities and their trading ...
Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Fears of corruption and money laundering are causing some Australian banks to pull out of the Asia ...
SYDNEY: The World Bank (WB) is preparing a financial lifeline for Pacific Island nations, backed by the United States and ...
The worry among the national security establishment is some Pacific Island countries will be forced to rely on Chinese ...
However, their withdrawal makes it more difficult to open US dollar-denominated bank accounts in Pacific island nations, which weakens those nations’ financial resilience. Over the past decade, ...
The driving forces behind banking services cuts in the Pacific and how to prevent a mass exodus is being investigated at an ...
An exodus of Western banks prompts concern that China could fill the vacuum. Photo / 123rf Without a backstop, many of the 18 ...
Revolut said it had secured a UK banking licence, ending a three-year long regulatory battle in a move that will boost the fintech’s status in its home market. The London-based company said on ...