Iran replaces central bank head in effort to contain cost-of-living protests
Anger over collapse of currency has provoked largest demonstrations in Islamic republic in years...
Anger over collapse of currency has provoked largest demonstrations in Islamic republic in years...
📋 Key Facts ✓ Ghana legalizes cryptocurrency trading and activities. ✓ Central bank is authorized to regulate the sector. ...
Only three CBDCs have been successfully launched around the world so far, in Nigeria, the Bahamas, and Jamaica, although many jurisdictions are considering it as an option....
Policymakers sparred over decision to cut interest rates earlier in December...
Turkmenistan has started the year with a bang, with new laws legalizing the operation of crypto exchanges and crypto miners kicking in on Jan 1....
The US dollar traded at 1.38 million rials on Wednesday, compared with 430,000 rials when the previous governor took office in 2022....
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....
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...
SoftBank Group Chairman and CEO Masayoshi Son delivers a speech during the annual general shareholders' meeting in Tokyo on June 27, 2025. KAZUHIRO NOGI/AFP via Getty Images SoftBank is acquiring data...
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...
Brian Moynihan, Chairman and CEO of Bank of America Anna Moneymaker/Getty Images President Donald Trump's trade push is de-escalating after months of tariff turmoil, BofA CEO Brian Moynihan said. Tari...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...
📋 Key Facts ✓ The Council of the European Union endorsed the launch of the digital euro. ✓ The digital euro is developed by the Europea...
📋 Key Facts ✓ Asset manager Janus Henderson agreed to be acquired by investors Trian Fund Management and General Catalyst. ✓ The acquis...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
Coinbase CEO Brian Armstrong warned that reopening the GENIUS Act would cross a “red line,” accusing banks of lobbying Congress to block stablecoin rewards and limit competition....
A fire alarm summoned police officers and firefighters to the bank branch shortly before 4 am on Monday....
Acquisition continues Masayoshi Son’s spate of artificial intelligence investments...
Supply chain shortages drive developers to use smaller and less efficient power sources to fuel AI power demand...
Europe’s top central banker earns almost four times more than Fed chair Jay Powell, FT analysis shows...