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European Central Bank castigates banks over instant payment fees 6 hours ago
8 The European Central Bank has warned that the charges levied by banks for instant payments are proving a barrier to uptake and must change . Speaking at a payments forum hosted by Finland s central bank, ECB board member Fabio Panetta notes that on the operational side, the Eurosystem has taken steps to ensure the pan-European reach of instant payments by the end of 2021 through the Target instant payments settlement service (TIPS).
This interview has been condensed and edited for clarity.
Graham: It’s a day that started with yet another UK-China incident.
Quartz: Yes. How do you feel about the fact that several of your colleagues were sanctioned by the Chinese last night?
Graham: I don’t think it’s a clever move by China because it doesn’t achieve anything. None of those individuals have got properties in China, and I’m not sure any of them have been there for a long while. All of them will wear it as a badge of honor. The sanctions [China] put on the members of the European Parliament have probably blown up the possibility of the EU-China investment agreement being approved. And in our Parliament, whatever anyone’s individual thoughts on what Tom [Tugendhat], Nus [Ghani], and others have said, the perception of an authoritarian state trying to close down elected voices is not a good one.
Singapore s exports continue to grow in April but at slower pace of 6% Toggle share menu
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Singapore s exports continue to grow in April but at slower pace of 6%
A boat leaves a pier past the Pasir Panjang container port terminal in Singapore on Nov 11, 2020. (File photo: AFP/Roslan Rahman)
17 May 2021 09:31AM (Updated:
17 May 2021 09:40AM) Share this content
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SINGAPORE: Singapore s non-oil domestic exports (NODX) rose at a slower pace of 6 per cent in April, down from the 11.9 per cent expansion in March.
Growth was headlined by non-electronics, which rose by 10.9 per cent last month, according to data released by Enterprise Singapore (ESG) on Monday (May 17).
Canada should reconsider its approach toward China because while it is reaping the benefits of trade with the Asian nation, it allows its deference to the United States to undermine the relationship, according to an international affairs expert.
Goodricke Group has extended the closure of offices and other establishment of the company from 16 May 2021 to 30 May 2021 as per state government directive.
The tea gardens shall continue to operate with 50% capacity and the ecommerce business of the company shall continue uninterruptedly.
The company, having 17, tea estates in the state of West Bengal, under the Darjeeling, Alipurduar and Jalpaiguri jurisdiction with its Head office at Camellia House, 14 Gurusaday Road, Kolkata 700019 and packing unit located at Diamond Harbour Road, Joka had been adhering to the various protocols from time to time issue by the Government.
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