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Why Aren’t BNY Mellon’s Totally Free Funds a Bigger Hit?

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Funding & Business

SARB Seeks to Open Payments System to Non-Banks: News24

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The South African Reserve Bank aims to complete proposals to give non-banks access to the national payments system in the first half of next year, ending commercial lenders’ monopoly hold, News24 reported on Sunday.



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Funding & Business

Indonesia Protests: Prabowo Calls for Firm Action as Unrest Escalates

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Indonesian President Prabowo Subianto ordered the police and military to take firm action against unlawful acts, following days of violent protests over rising living costs and inequality that have left at least three people dead, buildings torched, and officials’ homes looted.

In a televised address on Sunday, Prabowo instructed security forces to crack down on the unrest, which has escalated into some of the worst street protests since he took office 10 months ago.



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Funding & Business

Indonesia to Revoke Lawmaker Allowances That Triggered Protests

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The Indonesian parliament will revoke hefty allowances and place a moratorium on overseas visits by lawmakers, which were flash points in the week of protests that have rocked the Southeast Asian nation.

Political parties are also taking firm action against their erring members, including revoking their membership in parliament, effective September 1, President Prabowo Subianto said in a televised address on Sunday.



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