KoreConX

Wall Street | March 03, 2020

U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade. It was the Federal Reserve’s first emergency rate cut since the 2008 financial crisis, underscoring how grave the central bank views the fast-evolving situation. Stocks initially jumped more than 1% on the news, but gains soon petered out as analysts a...

FINTECH

Expensify | July 26, 2022

Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced the return of ExpensiCon on May 18-22, 2023, in Puglia, Italy. An exclusive group of world-class accountants and fintech titans are invited to the Italian countryside for five days of community building, thought leadership, networking, roundtable sessions, and surprise events amongst the olive gro...

CORE BANKING, FINTECH

PRNasia | May 10, 2023

CRIF, a global leader in credit bureau, business information, and credit risk solutions, today announced the launch of CRIF PLUS, a premium business information membership programme for its customers in Asia. Recognising the importance of staying ahead of the curve, CRIF has developed CRIF PLUS which is designed to deliver a truly exclusive experience for its customers. Closely aligned with CRIF's customer-centric values, CRIF PLUS aims to elevate the customer experience by ...

Reuters | April 24, 2020

Oil prices rose on Friday, bringing an end to another week of losses that featured the U.S. contract plunging to minus $40 a barrel, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic. Oil trading was extremely volatile all week, in an extension of the selling that has dominated trading since early March as demand collapsed 30% due to the pandemic. While certain fundamental factors, such as a sharp fall in active drilling ri...