UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race....
RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race....
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
📋 Key Facts ✓ The Council of the European Union endorsed the launch of the digital euro. ✓ The digital euro is developed by the Europea...
A majority of EU member states have voted in favor the long-awaited Mercosur trade agreement with South American countries. Farmers in a number of member states have protested the deal....
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
China’s biggest tech groups and a clutch of fast-rising consumer electronics brands are battling for coveted sponsorship slots at the Spring Festival Gala, as intensifying competition in artificial in...
A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over a multibillion-dollar fraud and extradited to China, was ordered liquidated on Thursday, Cambodi...
The Hong Kong Monetary Authority (HKMA) expects to work with other financial regulators to promote artificial intelligence adoption in various sectors over the next five years and further advance fint...
Nicolas Maduro's allies have been particularly vocal in their condemnation of the US' capture of the deposed Venezuelan leader. Among them are Russia, Iran and China. US control of oil reserves in Ven...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
President Donald Trump aims to control and revive Venezuela's oil industry. Critics call it modern-day colonialism....
Washington announced its control over Venezuela's oil sales after capturing two tankers transporting sanctioned crude and capturing Nicolás Maduro....
Scott Bessent said that institutional investors won't have to sell current single family homes. Alex Wong/Getty Images Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing hom...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
The transaction would give the Japanese exchange operator control of the Canadian asset manager, expanding its presence in regulated investment products....
Goldman Sachs issued a new price target for Coinbase on Monday, while upgrading the exchange to "Buy" from "Neutral." COIN jumped 8%....
The Trumpfamily’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions....
The company’s energy operations will become “100% North American” following the sale of the Paraguayan site....
Manufacturers and analysts warn AI data centre build-out is crowding out market for semiconductors...