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Goldman’s Jan Hatzius Sees US Soft Landing
News

Goldman’s Jan Hatzius Sees US Soft Landing

Chief Economist at Goldman Sachs Group Inc. Jan Hatzius on Tuesday, January 23, during a conversation with media representatives in Hong Kong, said that the Federal Reserve System is currently on track to achieve a soft landing of the United States economy.

Top Citi Strategist Says About Prospects of Healthy Economic Growth
Finance & Economics

Top Citi Strategist Says About Prospects of Healthy Economic Growth

Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.

Nvidia CEO Makes China Tour
Science & Technology

Nvidia CEO Makes China Tour

Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.

Crypto’s Terraform Files for Bankruptcy
News

Crypto’s Terraform Files for Bankruptcy

Terraform Labs Pte., a company specializing in digital assets and co-founded by Do Kwon, has filed for Chapter 11 bankruptcy protection in the United States.

ElevenLabs Raises $80 Million for AI Projects
News

ElevenLabs Raises $80 Million for AI Projects

The startup ElevenLabs, which uses artificial intelligence software to replicate voices in more than 20 languages, has conducted a new round of funding.

World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
Finance & Economics

World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year

The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.

Coveted Turkish Apartment for Sale: Your Gateway to Mediterranean Living
Society & Lifestyle

Coveted Turkish Apartment for Sale: Your Gateway to Mediterranean Living

Exploring the Turkish Real Estate Market If you’re considering investing in international real estate, the Turkish market is undoubtedly worth exploring. With its rich history, stunning landscapes, and a growing economy, Turkey has become a hotspot for property investors from around the world.

Open Banking Expo Canada
Events

Open Banking Expo Canada

Open Banking Expo is back with three stages of searingly-hot content on the future of consumer-driven banking following November’s Fall Statement, which outlined the introduction of an Open Banking framework in Canada in 2024.

The Dark Side of Crypto Gaming: Exposing the Risks of Crypto Games and Payments
Articles

The Dark Side of Crypto Gaming: Exposing the Risks of Crypto Games and Payments

Crypto gaming’s appeal is undeniable, offering advantages like reduced fees and enhanced security. However, its decentralized nature poses challenges, especially in the U.S. where regulatory oversight struggles to keep pace.

Fox’s Verify to Weed Out AI-Generated Media Stories
Blockchain & Crypto

Fox’s Verify to Weed Out AI-Generated Media Stories

Fox Corp has released its blockchain-powered tool, Verify, to weed out media stories generated by artificial intelligence. Project Polygon was formed with one goal in mind: to “Verify” or authenticate bona fide articles and images in the hopes of weeding out deepfakes.

South African Fintech Ukheshe Acquires EFTCorp
Fintech & Ecommerce

South African Fintech Ukheshe Acquires EFTCorp

Ukheshe International, a South African fintech enablement partner and EFT Corporation (EFTCorp) will continue to operate as separate entities and maintain their respective brand identities after the acquisition.

Goldman Sachs Increases Loan Facility to Hong Kong Fintech Firm FundPark
Fintech & Ecommerce

Goldman Sachs Increases Loan Facility to Hong Kong Fintech Firm FundPark

Hong Kong-based fintech startup FundPark, which specializes in providing trade finance to small and medium-sized enterprises, announced that it managed to raise $500 million from Goldman Sachs.

Premium puzzle: Do health insurance premiums increase every year?
Articles

Premium puzzle: Do health insurance premiums increase every year?

The uncertainty surrounding premium fluctuations often confuses policyholders. The burning question persists: Do health insurance premiums increase every year? Though, health insurance serves as a financial protection in times of medical need, understanding the factors driving these increases sheds light on this premium puzzle and ensures a balance between comprehensive coverage and affordability.

China Actively Buys Chip Gear to Beat US Curbs
News

China Actively Buys Chip Gear to Beat US Curbs

In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.

Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness
Finance & Economics

Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness

Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.

Microfinance Startup FinAGG Raises $11M From Tata Capital, BlueOrchard
Fintech & Ecommerce

Microfinance Startup FinAGG Raises $11M From Tata Capital, BlueOrchard

Indian fintech FinAGG has raised $11 million in a Series A funding round led by BlueOrchard and Tata Capital to improve financing access for millions of Indian MSMEs.