Swiss National Bank to test digital currency
The Swiss National Bank (SNB) has announced that it will issue a Central Bank Digital Currency (CBDC) on Switzerland's SIX digital exchange.
Speaking at a...
Tax warning from the bank of central banks
The Bank for International Settlements (BIS), known as the bank of central banks, called for reducing public expenditures and increasing taxes as part of...
Agreement reached in Paris to reform the global financial system
French President Emmanuel Macron stated that at the New Global Financial Pact Summit, an agreement was reached to deeply reform the global financial system.
Following...
Asian stocks fall on Japan inflation data
Asian markets are generally falling; Japan's inflation eased, but remained above the BOJ target.
Asia-Pacific markets tumbled on Friday as investors evaluated inflation data from...
Tightening pressure in global markets
After the tightening moves of the central banks, a 2-10-year yield gap opens in the USA and Germany. Stocks are heading for weekly losses...
ING provided syndication
ING Turkey provided a syndication loan of 332 million Euros.
ING Türkiye announced that it has secured a sustainability-related syndication loan worth 332 million euros.
In...
Asian stocks rise after Powell
Asian markets are mostly rising even as the Fed forecasts further rate hikes to deal with inflation.
Asia-Pacific markets rose massively after Fed Chairman Jerome...
MicroStrategy/Saylor: Everyone in the world needs 3 currencies
“Everyone in the world needs 3 currencies,” said Michael Saylor, CEO of MicroStrategy. You want to leave an asset to your grandchildren and children...
Mixed course with China’s interest rate move in Asian stock markets
Asian markets mixed as China lowered key lending rates.
Asia-Pacific markets were mixed on Tuesday as investors digested the Chinese central bank's decision to cut...
Hundreds of millions of dollars in fines for UBS
UBS Group AG is facing hundreds of millions of dollars in penalties for its acquisition of Credit Suisse, for its deals with Archegos Capital.
After...