European Central Bank Warns Interest Rate Hikes Could Increase Bad Debts As Inflation Persists
A slowing economy and high-borrowing rates could lead to liquidity risks in the banking sector, says ECB. This month, the ...
Race Towards Financial Innovation; Britain Contemplates Introducing “Digital Pound”
The British government is considering issuing a digital version of the pound, known as the digital pound or Britcoin, to ...
Elon Musk Announces New Twitter CEO As Platform Increases Focus On Crypto
Musk has not revealed the identity of the appointee. According to US media, NBCUniversal’s head of advertising, Linda Yaccarino, could ...
Inflation Eases To 4.9% In April; The Path To 2% Will Be Bumpy
The U.S Bureau of Labor Statistics reported this Wednesday that Consumer Price Index (CPI) rose 0.4% month-on-month (m/m) in April, ...
With A Rebound In US Financial Markets, Asian Markets Look To Follow Suit
US financials rebounded on Friday, boosting sentiment and driving Asian markets higher. The performance of US financials has a significant ...
HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations
Ping An failed to secure 75% of the required vote to force through the split. HSBC has repeatedly rejected calls ...
Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption
Stripe, one of the largest payment service providers, announced the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it ...
The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets
As widely expected, the U.S. Central Bank raised interest rates by 25bps this Wednesday. It signalled it could pause further ...
Morgan Stanley to Slash 3,000 Jobs Amid Market Uncertainty
The investment bank cites a slowing deal-making and uncertainty in the global economy. Part of the uncertainty is the fear ...
United States May Fund Its Deficit By Printing More Money; Could Default By June 1st
Ray Dalio, the billionaire founder of one of the world’s largest hedge funds, Bridgewater Associates, was recently interviewed. He explains that ...
ADVERTISEMENT
