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New Zealand central bank to hold rates at 2.25% on May 27; slim majority expect Q3 hike: Reuters poll

New Zealand central bank to hold rates at 2.25% on May 27; slim majority expect Q3 hike: Reuters poll

By Rahul Trivedi BENGALURU, May 22 (Reuters) - The Reserve Bank of New Zealand is expected to keep its key policy rate unchanged on Wednesday but a slim majority of economists in a Reuters poll now forecast one or more hikes by end-September as a global energy shock threatens to lift inflation
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F.N.B. Corporation Files Trademark for 'AIBANK' Indicating Expansion in Financial Services

F.N.B. Corporation Files Trademark for 'AIBANK' Indicating Expansion in Financial Services

F.N.B. Corporation Files Trademark for 'AIBANK' Indicating Expansion in Financial Services
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Shares rally on Nvidia earnings, Samsung strike suspension

Shares rally on Nvidia earnings, Samsung strike suspension

By Gregor Stuart Hunter SINGAPORE, May 21 (Reuters) - Stocks rose on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
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Australian regulator flags rising global private credit risks, steps up oversight

Australian regulator flags rising global private credit risks, steps up oversight

May 21 (Reuters) - Australia's financial regulator warned on Thursday that domestic private credit institutions are exposed to risks linked to global market developments and will require closer scrutiny.
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Banks Embrace AI to Enhance Customer Experience and Operational Efficiency

Banks Embrace AI to Enhance Customer Experience and Operational Efficiency

Banks Embrace AI to Enhance Customer Experience and Operational Efficiency
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Australia's employment unexpectedly dips in April, jobless hits 4-1/2 year high

Australia's employment unexpectedly dips in April, jobless hits 4-1/2 year high

SYDNEY, May 21 (Reuters) - Australian employment unexpectedly fell in April while the jobless rate jumped to the highest level since late 2021, a possible sign the labour market might be loosening enough to stave off a near-term rate hike.
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AustralianSuper Appoints First Head of AI and Automation to Drive Innovation

AustralianSuper Appoints First Head of AI and Automation to Drive Innovation

AustralianSuper Appoints First Head of AI and Automation to Drive Innovation
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Traditional Banks Face Challenges with AI Implementation Amidst Evolving Customer Expectations

Traditional Banks Face Challenges with AI Implementation Amidst Evolving Customer Expectations

Traditional Banks Face Challenges with AI Implementation Amidst Evolving Customer Expectations
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Standard Chartered to Reduce Back-Office Workforce by 15% in AI Restructuring

Standard Chartered to Reduce Back-Office Workforce by 15% in AI Restructuring

Standard Chartered to Reduce Back-Office Workforce by 15% in AI Restructuring
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Klarna and Worldline Partner to Enhance Flexible Payment Options for Merchants

Klarna and Worldline Partner to Enhance Flexible Payment Options for Merchants

Klarna and Worldline Partner to Enhance Flexible Payment Options for Merchants
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Starling Bank and Adyen Partner to Enhance Payment Solutions for UK SMEs

Starling Bank and Adyen Partner to Enhance Payment Solutions for UK SMEs

Starling Bank and Adyen Partner to Enhance Payment Solutions for UK SMEs
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Azurite Medical Wellness Introduces Excess Skin Removal Package for Weight Loss Patients

Azurite Medical Wellness Introduces Excess Skin Removal Package for Weight Loss Patients

Azurite Medical Wellness Introduces Excess Skin Removal Package for Weight Loss Patients