Paraguay is undergoing one of the most significant political and financial crises in its recent history. The Central Bank of Paraguay’s intervention in Ueno Bank—following the detection of serious irregularities in its
The United States has imposed tariffs on imports of one-kilo gold bars, a move that could disrupt the global bullion market and deal a fresh blow to Switzerland—the world’s largest gold refining
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Investor enthusiasm for Argentine President Javier Milei has yet to translate into affordable dollar financing for the cash-strapped nation, which remains barred from issuing foreign currency debt on global markets despite receiving
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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has dismissed several employees for allegedly violating company rules and attempting to access sensitive information related to its next-generation 2-nanometer chip technology,
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Billionaire businessman Ong Beng Seng, the tycoon credited with bringing Formula One night racing to Singapore, is set to plead guilty on Monday in a corruption scandal that has shaken the city-state’s
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ExxonMobil has called on the Trump administration to use ongoing trade negotiations with the European Union to push back against a sweeping set of new EU climate and human rights regulations, which
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JPMorgan Chase has ignited a fierce backlash across the U.S. fintech industry after revealing plans to start charging financial technology companies for access to its customer data — a move some are
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The growing bipartisan embrace of cryptocurrency in Washington, especially stablecoins, is setting the stage for America’s next financial crisis — and potentially an even deeper political one — according to Rana Foroohar
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The Bank for International Settlements (BIS) has issued a stark warning about the fragility of the modern global financial system, emphasizing that despite significant changes since the 2007–09 financial crisis, the core
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China’s electric vehicle (EV) sector is teetering on a financial knife-edge, as a deepening price war triggers liquidity shortfalls and mounting pressure on automakers’ balance sheets. An investigation by the Financial Times
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The global economy is on track to record its slowest year of growth outside a formal recession since the 2008 financial crisis, the World Bank has warned in a sobering new assessment.
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The Swiss government has unveiled sweeping financial reforms that could force UBS to boost its capital by up to $18bn — a proposal the bank previously slammed as “extreme” and “excessive.” The
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The world economy is on a recessionary path, with global growth projected to decelerate to 2.3% in 2025, according to the latest report from the UN Conference on Trade and Development (UNCTAD).
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India’s aspiring middle class is grappling with an unprecedented wave of personal debt, as years of aggressive retail lending and rising living costs converge into a national financial crisis, according to a
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Argentina announced on Thursday that it has reached an agreement with the International Monetary Fund (IMF) for a $20 billion loan aimed at replenishing the country’s central bank reserves, marking a key
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The Maldives is facing an escalating debt crisis, with dwindling foreign exchange reserves and mounting debt repayments threatening the nation’s economic stability, according to a report by ANI. The financial distress of
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