Tag: transactions
Russia has lost another banking partner as more lenders turn their back on Moscow over fear of sanctions
Russia will be cut off from another bank at the end of the month.Oversea-Chinese Banking Corp will stop processing Russian transactions in November,...
Thai banks admit lack of capacity to investigate Myanmar weapon payments
BANGKOK (Reuters) - Major Thai banks defended themselves on Thursday against criticism that they facilitated weapons purchases by the Myanmar junta, saying they...
China's property measures give sales a boost, but only in big cities
By Liangping Gao and Marius ZahariaBEIJING/HONG KONG (Reuters) - China's latest property support measures have boosted transactions in its biggest cities, but activity...