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That finding led to the claim’s dismissal, which put the defendants in line to recover their legal costs. In written submissions, the defendants argued they deserved double costs under Rule 9-1(5)(a) of the Supreme Court Civil Rules, pointing to a January 13, 2025 offer to settle the entire claim, including costs, for $3,000. The offer…
Home Awards Award Winners Best Sub-Custodian Banks 2026: Africa Global Finance honors the financial institutions modernizing sub-custody. Africa STANDARD BANK Suemantha Dahya, Standard Bank Standard Bank offers the most comprehensive custody franchise on the continent through its powerful range of solutions and market expertise, providing international investors with secure and efficient access to regional markets. In…
The S&P 500 Index ($SPX) (SPY) closed down -0.06% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.34%. September E-mini S&P futures (ESU26) fell -0.07%, and September E-mini Nasdaq futures (NQU26) fell -0.30%. Stock indices settled lower on Monday. The broader market was under pressure on…
The rupee fell 8 paise to 95.38 against the US dollar in early trade on Tuesday amid no breakthrough in the ongoing West Asia crisis, which kept global markets on edge and pushed up crude oil prices overnight. A decline in domestic equity markets in early trade maintained pressure on the local unit…
The second solar eclipse of 2026 is set to take place on August 12, Wednesday, coinciding with Shravan Amavasya, also known as Hariyali Amavasya. The eclipse will occur the day after Sawan Shivratri and is expected to be a major celestial event. However, the eclipse will not be visible from India, as the region from…
The company said it sees growth opportunities in physical AI, custom chips and advanced packaging.
Do you dream of making money as a content creator? Well, it’s about to get harder to qualify for YouTube’s program that pays creators. YouTube announced on Monday that it’s raising the entry requirements for the main tier of its YouTube Partner Program (YPP), the video platform’s advertising revenue-sharing program. “The biggest changes are on…
Infrastructure investment is making the Caribbean nation a year-round port of call. This article appears in the July/August issue of Global Finance Magazine. The government of the Dominican Republic is working to modernize its infrastructure, as a way to capitalize on the island’s robust growth in tourism and cement its position as a year-round destination….
Remittances are surviving the new US tax—at least for now. This article appears in the July/August issue of Global Finance Magazine. The Dominican Republic isn’t just a tourist paradise; it has a more diversified economy than most Caribbean nations. Yet foreign remittances still reach four in 10 households. Last year, Dominicans abroad sent home a…
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