Launched in 2021, the facility allows residents of Hong Kong, Macau and nine cities in Guangdong province to invest directly in certain wealth management products across borders. The new rules took effect on February 26, raising the individual investment quota from 1 million yuan ($138,923) to 3 million yuan and adding yuan-denominated deposit products of …
Launched in 2021, the facility allows residents of Hong Kong, Macau and nine cities in Guangdong province to invest directly in certain wealth management products across borders. The new rules took effect on February 26, raising the individual investment quota from 1 million yuan ($138,923) to 3 million yuan and adding yuan-denominated deposit products of …
Last week, the Center revised the interest rates applicable on three-year fixed deposit scheme by 10 basis points for the January-March quarter. According to a finance ministry circular, the deposit under the Sukanya Samriddhi scheme will attract interest at 8.2 per cent from the existing 8 per cent, while the 3-year term deposit will become …
Investment Ideas: Term Deposits vs. Fixed Deposits. What is the main difference? Read More »
Powell speaks during a news conference on December 13, 2023 in Washington, DC. Powell announced today that interest rates will remain unchanged for now and may decrease in 2024. (Photo by Win McNamee/Getty Images) Getty Images The approval rate for small business loans at major banks (assets over $10 billion) slowed for the first time …
Business loan approvals rise as Fed signals lower interest rates Read More »
Amazon is rolling out its first buy-now, pay-later option at checkout for the millions of small business owners who use its online store, CNBC has learned exclusively. The tech giant plans to announce Thursday that its partnership with Affirm is expanding to include Amazon Business, its e-commerce platform for companies. The move is a boost …
Amazon to introduce Affirm buy now pay later for small business Read More »
