WEEKLY NEWS | 24 APRIL 2023 | 195
THE MARKET WATCH
Here at CYS, we pride ourselves on having a diverse and skilled group of professionals who work tirelessly and diligently to achieve our goals. In this issue, we will be zooming into our FinTech Development Team. FinTech is short for Financial Technology and is a term used to describe the integration of technology into traditional financial services to improve efficiency,
Featured News
Behind The Scenes: A Look into CYS’s FinTech Development Team
accessibility, and customer experience.
Our FinTech Development Team comprises of 4 talented members...
Here at CYS, we pride ourselves on having a diverse and skilled group of professionals who work tirelessly and diligently to achieve our goals. In this issue, we will be zooming into our FinTech Development Team. FinTech is short for Financial Technology and is a term used to describe the integration of technology into traditional financial services to improve efficiency, accessibility, and customer experience.
Our FinTech Development Team comprises of 4 talented members...
Economy News
At China's largest trade fair, exporters worry about world economy
GUANGZHOU, April 16 (Reuters) - Chinese exporters exhibiting their products at the country's largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response.
The subdued mood at the Canton Fair in the southern city of Guangzhou suggests China's unexpected jump in exports in March may have reflected exporters catching up with orders delayed last year by COVID curbs rather than renewed ……
Money News
Inflation sliding and touch Bank of England means the pound will see better days
“Hope is not a strategy,” Jordan Rochester, a wonk at Japanese investment bank Nomura, said last September, referring to politicians’ attempts to revive the pound after it plummeted to its lowest level ever against the US dollar following Liz Truss’s tax cutting mini budget.
Chancellor Jeremy Hunt raised taxes and cut spending by £55bn in November – reversing basically everything Truss stood for – then injected a £20bn boost into the economy at the budget last month...
“Hope is not a strategy,” Jordan Rochester, a wonk at Japanese investment bank Nomura, said last September, referring to politicians’ attempts to revive the pound after it plummeted to its lowest level ever against the US dollar following Liz Truss’s tax cutting mini budget.
Chancellor Jeremy Hunt raised taxes and cut spending by £55bn in November – reversing basically everything Truss stood for – then injected a £20bn boost into the economy at the budget last month...
UAE Expert Group for AML/CFT deepens engagement with international partners over past six months
Compliance News
Abu Dhabi [UAE], April 13 (ANI/WAM): The UAE Expert Group for Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) held several productive meetings with its international counterparts in late 2022 and early 2023.
The UAE delegation, coordinated by the Ministry of Foreign Affairs and International…
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