Japan’s local banks flee China for Singapore, India as supply chains shift
Finance China branch numbers fall 20% in 5 years while big banks also see loan slump Bank of…
AI is crushing startup valuations for pre-ChatGPT firms
Matthias Balk | Picture Alliance | Getty Images Five years ago, venture capitalists were pouring money into American…
EU’s big 6 pitch a rival to Wall Street – POLITICO
Back-to-back crises have limited the power of the public purse, so policymakers are hoping professional financiers and savers…
Point of view: how stokvels are transforming financial inclusion in South Africa
Dieketseng Maleke|Published 2 hours ago South Africa’s stokvel economy has long been treated as a side story in…
US inflation surges to three-year high amid tensions with Iran | Inflation News
Heightened petrol prices led the inflationary pressures with prices that have jumped 5.5 percent in April Published On…
Mizuho CEO floats idea of first outsized BOJ hike since 1990
Mizuho Financial Group’s chief executive officer suggested that the Bank of Japan might be better off considering an…
U.S. and Iran closing in on a 60-day ceasefire extension: FT
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations…
Russians Pull Money From Bank Deposits for First Time Since 2022 Mobilization Panic
Russia’s households pulled money from fixed-term bank deposits for the first time since the panic triggered by the…
Bank lending to real estate hits record high in Japan
Bank lending to Japan’s real estate sector remains at a record high, driven by rising property prices, especially…
Starmer drama has UK markets reliving their Truss nightmare – POLITICO
Ultimately, it’s the government that needs to find nearly £2 billion a week to plug the gap between…
Goldman Sachs’ tech boss says he doesn’t track AI usage, he watches how fast teams produce an idea
Goldman Sachs chief information officer Marco Argenti thinks monitoring every employees’ AI use is the wrong way to…
Experts warn cyber threat was already here
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India,…