HSBC Reportedly Joins Ranks of Suitors for Tesco Banking Arm
HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.
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Hong Kong Proposes New Regulatory Regime for Stablecoin Issuers
In Hong Kong, local financial authorities have proposed to develop and implement new regulatory rules for issuers of stablecoins, which can be described as a reaction to ongoing changes in the sphere of virtual assets.
Mitigating Financial Risks: How Proper Testing Of Fire Extinguisher Impacts Business Continuity And Insurance Policies
In the complex business operations landscape, mitigating financial risks is paramount for sustained success. One often overlooked yet critical aspect of risk management is properly testing the fire extinguisher. When considering the things you need for fire extinguisher testing, such as pressure gauges, inspection tags, and a comprehensive testing schedule, the impact of a well-maintained fire […]
National Bank of Cambodia Partners IFC to Boost Green Finance
Cambodia’s transition towards a green economy requires a financing boost, with the National Bank of Cambodia and IFC joining efforts to support climate-friendly projects.
Enhanced Blockchain Security Brought Crypto Hack Losses Down 51% in 2023
The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.
Samsung Previews New Smartphone
Samsung has announced a new smartphone, hinting very clearly that artificial intelligence will be the main element of technological content in this development.
Intel and DigitalBridge Establish Generative AI Company
Intel and DigitalBridge Group are jointly establishing the company Articul8, which will provide corporate clients access to a secure and vertically optimized software platform for creating artificial intelligence.
Barclays Warns on Cooling iPhone Demand
The price of Apple shares on Tuesday, January 2, showed a drop of 3.6%.
US National Debt Hits $34 Trillion
The debt of the Government of the United States has exceeded the $34 trillion mark for the first time in history.
UK Executives Urge Bank of England to Cut Rates
In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.
HSBC Completes Sale of Its French Retail Banking Business
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
Meta Cuts Prices for Quest 2 Headset
Meta has reduced the cost of the Quest 2 virtual reality headset.
China’s Factory Activity Picks Up
A private gauge of factory activity in China showed an increase in December.
China Injects $50 Billion Into Some Banks
Last month, the People’s Bank of China injected almost $50 billion into policy-oriented lenders.
ASML Suspends Some China Exports
The Dutch company ASML, which specializes in the manufacture of equipment for the production of chips, announced an order received from the Netherlands government to stop supplying some of its products to China.
HSBC Takes on Revolut With New App for Non-Customers
HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.
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