Business

Banks face stricter oversight of online lending business

[ad_1] Hello RF Commercial banks have been prohibited from outsourcing basic risk control links for their online lending business, under new regulation. Meanwhile, the balance of Internet loans jointly financed by a bank and all its cooperative platforms will not exceed 50 percent of the bank’s total loan balance. When …

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Harry and Meghan definitively resigned from royal life

[ad_1] LONDON: Prince Harry and his American wife Meghan have permanently resigned from their royal duties, Buckingham Palace said on Friday, just over a year after they shook the British monarchy by announcing plans to “step back” in its functions. Queen Elizabeth II ordered the Duke and Duchess of Sussex, …

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Duterte Signs Bad Loan Vehicle Law for Banks to Lend

[ad_1] MANILA, Philippines – An administration-backed stimulus measure finally became law on Tuesday, after a month of waiting in Congress for the holidays and a week in the office of President Rodrigo Duterte. The Strategic Transfer of Financial Institutions (FIST) is now a law under the Republic Law 11523, under …

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Romantic Delight – Malaya Business Insight

[ad_1] Mobile service provider Smart Communications, Inc. made the romantic wishes of K-Drama fans come true by launching a new TVC with Hyun Bin and Son Ye Jin. This is the first time the “Crash Landing on You” (CLOY) leads have found themselves sharing the screen after their critically acclaimed …

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