Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of…
Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking
Eventual 2, 3% inflation in the U.S. is “very acceptable” outcome, given the conditions that the Federal Reserve had to grapple with.
Bitcoin, Solana and Avalanche surge as crypto markets stride higher
Bitcoin (BTC) was back on the front foot on Wednesday, surging 6.5% in the strongest daily trading session for the market’s premier cryptocurrency in more…
Xi says U.S. and China can only be adversaries or partners, with no middle ground
Chinese President Xi Jinping told U.S. business executives Thursday the two countries have to choose between being adversaries or partners.
U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.
Cost of living pressure sparks surge in consumer e-commerce fraud
High inflation, rising interest rates and a bleak near-term economic outlook have taken a toll on consumers the world over. High corporate profits and…
Australian fintech Upworth raises $1 million to push financial independence agenda
Emerging Australian fintech company Upworth has raised $1 million from angel investors and entrepreneurs in the first round of funding for its business…
Bitcoin surges towards $58K, sparking blockchain market optimism
There has been a huge 6 per cent daily increase in the price Bitcoin, with the cryptocurrency edging closer to the $58,000 mark (US$38,000), following…
India has issued 560 million tokens in the last one year: Visa
Around 560 million card tokens have been issued in India since October 2022, when the Reserve Bank of India mandated tokenisation of cards for ecommerce…
China President Xi meets Biden for the first time in a year
U.S. President Joe Biden and President Xi Jinping of China are expected to discuss fentanyl flows, use of artificial intelligence and access to high-end tech.