AT the heart of any banking system lies a simple yet critical function: financial intermediation. Banks collect deposits from savers and channel them to borrowers at profitable interest rate spreads.

Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week. The core consumer price index, excluding the often volatile food and energy ...

A total lunar eclipse will be visible across Australia early on Monday morning, with the Moon turning red around 3:30am AEST/1:30am AWST. It is the first total lunar eclipse visible in Australia since ...

Preseason No. 1 Texas wasn't able to break through in a massive early test against No. 3 Ohio State on Saturday in Columbus, losing 14-7 in a defensive slugfest. The Longhorns hoped to make a ...

China could earn $42 billion this year from a shift in travel habits toward domestic tourism and a surge of foreign visitors, analysis by Bloomberg Intelligence showed, in what it called a windfall ...

Francesco Bagnaia may have finished 14.8s behind winning team-mate Marc Marquez at Balaton Park, but a radical set-up change allowed the struggling double MotoGP champion to finally discover a “good ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

MANILA, Philippines – Justice Secretary Jesus Crispin Remulla on Tuesday said he will ask the Office of the Ombudsman to immediately resolve the administrative and criminal cases filed against him for ...

It may have been bubbling away since the spring, but European World Cup qualifying kicks off en masse this month as 24 teams join the battle to earn their places in North America next summer. The ...

The Daily Star (TDS): How has Safepad's innovation in reusable menstrual hygiene products improved health and dignity for women in remote and marginalised communities? Tahmid K. Chowdhury (TKC): We ...