Earlier, the paid-up capital requirement was Tk125 crore for establishing a digital bank. A conventional bank requires Tk500 crore to get the licence.

Powell warned on Friday that the risks of higher inflation and a weakening jobs market add up to a 'challenging situation' ...

Kitsap Farms and food banks are bracing for loss of Local Food Purchasing Assistance funds, which brought thousands to the local food system.

In apparent policy of collective punishment, IDF imposes curfew, uproots trees after commander vowed al-Mughayyir will 'pay ...

The key to the dollar's rally in July and its heavier tone this month is the shift in US interest rates and Fed expectations.

MUMBAI (Reuters) -A criminal investigation into Indian industrialist Anil Ambani and his company Reliance Communications has ...

The fund outperformed in most sectors, led by industrials, energy, and healthcare, although the value style lagged and some ...

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

"A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house ...

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower growth, European Central Bank President Christine Lagarde said Saturday.