TOKYO: Members of the vast trans-Pacific trade deal agreed on Wednesday to start the process for Britain to join the pact as the country pursues its post-Brexit commerce strategy.Britain applied in.
China-US economic and trade exchanges represent the foundation of their bilateral ties, and it is important for the two countries to enhance economic and trade relations based on equality and mutual respect, according to analysts and business leaders.
The trade and commerce bodies in Jammu and Kashmir assessed the business losses of around Rs 10,000 crore across the Union Territory during the latest month-long phase Covid-19 lockdown.
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Banks test DLT-based platform for intraday FX swaps 3 hours ago
1 A group of 11 banks, including NatWest and Deutsche Bank, have been trialling a DLT-based platform for intraday FX swaps. The FX swaps market sees $3.2 trillion of daily volume but swaps have traditionally been overnight and longer.
Banks hope that by using intraday swaps, treasury teams can borrow for hours at a time, enabling them to efficiently meet a temporary liquidity need. This not only helps to optimise intraday liquidity buffers, it also offers an opportunity to lend excess funds, representing a new revenue stream.