The U.S. Securities and Exchange Commission (SEC) has overturned a controversial Biden-era rule, paving the way for Wall Street banks to expand their cryptocurrency offerings. The Financial Times reported on Friday that
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The MIT Technology Review has reported a groundbreaking achievement in artificial intelligence by Chinese startup DeepSeek. Despite stringent U.S. sanctions restricting advanced semiconductor exports, the company has unveiled DeepSeek R1, an open-source
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As reported by MIT Technology Review, the race for the next major energy breakthrough is shifting underground, with researchers and companies exploring vast deposits of natural hydrogen buried deep within the Earth.
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In a candid and extensive interview with The Times (UK), Bill Gates opened up about his extraordinary success, personal life, and the challenges he faces as he nears 70. The conversation provides
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Sri Lanka’s foreign exchange reserves experienced a decline in December 2024, falling to USD 6.09 billion from USD 6.45 billion in November 2024, according to data released by the Central Bank of
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As reported by the Financial Times, China’s central bank, the People’s Bank of China (PBoC), has injected a record 2.2 trillion yuan ($300 billion) into the financial system this week. This unprecedented
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As reported by The Financial Times, Singapore’s central bank, the Monetary Authority of Singapore (MAS), has eased its monetary policy for the first time in four years, citing rising global trade tensions
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As reported by The Financial Times, India’s banking sector is grappling with slower credit growth and rising bad debts following the Reserve Bank of India’s (RBI) measures to curb “exuberant” retail lending.
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India’s ambition to become a global economic superpower by 2047 may be at risk, as the country grapples with slowing GDP growth and an increasingly ageing population. Despite Prime Minister Narendra Modi’s
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A new survey by the Claims Conference has highlighted a disturbing decline in Holocaust awareness among young Germans, with one in nine adults unaware of the atrocity, and a quarter unable to
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