Britain to be first in line to shake up financial services with open banking

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Britain to be first in line to shake up financial services with open banking

The goal of Britain's Open Banking Standard is to clear the way for financial-technology companies to use that information to create powerful apps that will provide a host of services such as managing multiple bank accounts, finding loans and handling accounting. While some of those services are
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London may be key to 'hot' euro-yuan rival to the US dollar

Everyone in Washington believes that financial sanctions on undesirable foreigners, with tough enforcement through the banking system, are an effective way to impose US power without spending money or sending troops.
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Aussie Stocks Hit 10-Year High as Earnings Season Looms: Chart

Australia's benchmark index has reached its highest level in a decade as buoyant commodity prices lifted mining stocks last week. And the rally may continue as companies are expected to report stronger profits this year during the February earnings season. Analysts expect earnings per share for
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An Ominous New Year for India

You'd think the Indian economy had returned to rosy health. It seems to have recovered from two enormous disruptions — Prime Minister Narendra Modi's decision just over a year ago to withdraw 86 percent of the currency in circulation, and the poorly-planned rollout in the middle of 2017 of a new
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Malaysia Stocks on Path to Fulfill Historical Rally Before Polls

The impending government elections and a strengthening ringgit are pushing investors in the Malaysian stock market into overdrive. The nation's benchmark FTSE Bursa Malaysia KLCI Index posted its best monthly performance in five years in December and the gains extended last week by 1.2 percent.
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