In an attempt to upend a market where the top two incumbents control almost 90% of the value, cryptocurrency company Ripple introduced a stablecoin tied to…
Browsing: Finance and Investing
Premarket trading saw Goldman Sachs’ shares rise more than 3% as its third-quarter profit increased by 45% due to a recovery in bond sales, stock offerings,…
Monday saw an all-time low for the Indian rupee due to ongoing dollar demand by international banks, most likely on behalf of their custodial customers.The rupee…
Oil prices declined on Monday after last week’s sharpest weekly increase in over a year. Concerns about oversupply and weaker demand offset fears that a broader…
The Philippines aims to level the playing field with domestic brick-and-mortar players. To achieve this, the country will impose a 12% value-added tax (VAT) on digital…
On Friday, Shigeru Ishiba, the country’s future prime minister, emphasized how important it is for the economy to properly recover from deflation.He said Japan must revive…
On Tuesday, China announced stimulus measures to bolster its economy. Following this announcement, the widely watched global stock index reached a record high, and copper prices…
Governor Kazuo Ueda stated on Tuesday that the Bank of Japan can take its time assessing market and foreign economic developments. He implied that the central…
Monday saw a lower opening price for Commerzbank and UniCredit shares. This followed the German government’s announcement that it will retain its 12% interest in the…
Andrea Orcel, CEO of the Italian bank UniCredit, outlined aspirations to acquire more of its German rival or potentially take it over. As a result, Commerzbank…