PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds CHINA’S central bank increased injection of…
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Cash
Trump’s cash freeze is making clean energy projects collapse
Last year, when an apple orchard in rural Washington State invested in new cold storage equipment, the price was steep—$187,000. The farm had won a USDA grant that was supposed to cover…
Gordon Tang and wife extend closing date of cash offer for Suntec Reit to Feb 7
THE closing date of the mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all units of Suntec Real Estate Investment Trust (Reit) has been…
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the financial…
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism, with observers warning that the abrupt policy shift…
Cash Warren spoke about marriage to Jessica Alba before reported split
Entertainment gossip and news from Newsweek's network of contributors Cash Warren opened up about his relationship with wife Jessica Alba just months before the two reportedly decided to…
Mega Millions jackpot: How to watch draw for winning numbers
The Mega Millions jackpot has surged to $1.22 billon—the fifth-largest in the lottery game's history—as the drawing is set for 11 p.m. ET Friday. Why It Matters The odds of winning the…
Indonesia politician did not 'promise cash handout' to celebrate poll win: campaign
Politicians in Indonesia are regularly targeted by online scammers who use edited videos to impersonate them and push spurious financial schemes. In the latest case, a candidate running…
Syria's Assad Regime Secretly Transfers $250 Million in Cash to Russia to Evade Sanctions
Between March 2018 and September 2019, the Syrian government under President Bashar al-Assad sent nearly $250 million in cash to Russia. This revelation comes from financial records cited…
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary…
Amid a cash shortage in Gaza, paper money is starting to disintegrate, adding to desperation
DEIR AL BALAH, Gaza Strip — The tools of his newfound trade arrayed before him, Mohammad Al-Ashaqar, a jeweler for decades, prepares himself for the first of some 200 intricate repairs he…
Virtual power plants turn energy savings into cash for China’s industrial users
IMAGINE being paid hundreds of dollars a day just to tweak your energy consumption – using less electricity at night and more during the day. For a casting and smelting company in Shanxi…
Hanwha’s voluntary conditional cash offer for Dyna-Mac turns unconditional in all respects
This comes after the Competition and Consumer Commission of Singapore gives go ahead THE voluntary conditional cash offer made by Hanwha Ocean SG Holdings to acquire all the shares of…
TikTok posts share hoax video of Indonesian finance minister 'cash giveaway'
After Indonesia's new President Prabowo Subianto announced his pick for finance minister, a manipulated video of the official purportedly announcing a cash gift surfaced on social media.…
Slavery reparations not about transfer of cash, says Lammy
UK Foreign Secretary David Lammy has said the concept of reparations for former colonial nations affected by slavery "is not about the transfer of cash". In his first comments since 56…
Broadway Industrial Group receives privatisation offer with S$0.197 per share cash option
ENGINEERING solutions provider Patec Group has made a mandatory conditional cash offer to take Broadway Industrial Group private at S$0.197 in cash a share, it was announced on Monday (Oct…
Thames Water seeks £3 billion from creditors on urgent cash needs
THAMES Water Utilities seeks to raise up to £3 billion (S$5.1 billion) from its creditors to buy the company more time to avoid going into special administration early next year, showed a…
Hezbollah hiding more than $500M in gold, cash under hospital in Lebanon, IDF says
Hezbollah, the Iran-backed terror proxy, is hiding $500 million in gold and cash in a secret bunker formerly run by the group's deceased leader under a hospital in Beruit, Israeli military…
Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of…
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention centre next to Expo MRT station PROPERTY…
France's Mr Africa spills the beans on secret cash
It was January 1998 and Robert Bourgi was waiting to see the Gabonese president Omar Bongo, in an antechamber at his seaside palace in Libreville. He was there to collect funds for the…
Scam post falsely claims free cash giveaway for Ethiopian New Year
Screenshot of the false post, taken on September 19, 2024 “Register immediately to receive the gift. It is offered for the low-income section of society and the elderly,” the caption…
Doctored videos of Indonesian finance minister promote 'free cash' hoax
Manipulated videos of Indonesia's finance minister Sri Mulyani Indrawati apparently promising to give away cash to people who "like and share" the clips on social media are a "hoax", the…
‘I felt like a celebrity’: Personalized ads hit China metro stations as operators scramble for cash
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Xiaotu was looking for a soulmate…