BNY and Mizuho Bank, the oldest banks in the US and Japan respectively, announced an agreement on Sunday to expand their correspondent banking network to facilitate international trade. The agreement, based on BNY’s merchant access service, allows both banks to access each other’s relationship management applications (RMA). “We have heard from some of our clients … Read more
Republican candidate and former US president Donald Trump and incumbent US VP Kamala Harris speak at separate events in these undated images. — AFP/File NEW YORK: Donald Trump and Kamala Harris exchanged barbs over the airwaves Tuesday as they reached out to the few remaining undecided voters in the final stretch of an election seen … Read more
China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit with … Read more