Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Australia opposition leader accused of misrepresenting sexual abuse in Alice Springs – JURIST

Several Australian MPs Sunday accused Federal Opposition Leader Peter Dutton of misrepresenting the prevalence of sexual abuse in Alice Springs. Following the federal government’s response to rising crime rates in the Northern […]

Which countries have escaped the middle-income trap?

Over the past half-century, many promising economies have become ensnared in middle-income mediocrity. To help its biggest client avoid this fate, the World Bank published a flagship report ten years ago entitled […]

OpenFin Teams Up with Dow Jones to Boost Real-Time News for Financial Firms

OpenFin, the operating system (OS) powering enterprise productivity, has joined forces with Dow Jones to deliver news, unique insights and expert analysis directly to desktops at major banks and asset and wealth […]

China is now an unlikely safe haven

Financial crises ruin and reallocate wealth. They also reallocate worry. Investors find themselves agonising about things they never used to fret about. Worse, they fret about things they never used to think […]

CBUAE to Issue Central Bank Digital Currency Through FIT Programme

The Central Bank of the United Arab Emirates (CBUAE) launches a financial infrastructure transformation (FIT) programme to accelerate the digital transformation of the region’s financial services sector. The CBUAE is launching its […]

The rich world’s housing crunch is far from over

At times during the long boom that followed the global financial crisis of 2007-09, it seemed as if house prices would never stop rising. Sales surged as ultra-low interest rates and supply […]

São Tomé and Príncipe Upgrades Payment System Following African Development Bank Loan Agreement

The African Development Bank signs a $3.2million loan agreement with the government of São Tomé and Príncipe to upgrade the national switch payment system. The upgrade will allow for automatic real-time gross […]

Why economics does not understand business

It is the mid-1990s and the economics faculty at a leading business school is meeting. The assembled dons are in a prickly mood. Many are upset that business-school fields, such as marketing […]

Cross-Border QR Code Payments Connectivity Launched Between Singapore and Malaysia

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) establish a cross-border QR code payment link between Singapore and Malaysia. The payment linkage between MAS and BNM will allow customers […]

The Swiss rage about the demise of Credit Suisse

When swiss regulators announced that ubs would rescue Credit Suisse from the brink of collapse on March 19th, the troubled bank’s shareholders seemed lucky to avoid a total loss on their investment. […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST