Albania Officially Launches Euro Payments in SEPA
In its final stage of integration into the Single Euro Payments Area (SEPA) payment scheme, Albania will officially launch SEPA euro payments on Oct. 7, 2025.
Finance & Economics - page 10
WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia
WeLab and Google partner to potentially deliver AI-powered financial services to 500 million users by 2032.
Finance Teams Brace for Increased AI-Driven Expense Fraud as GPT 5.0 Goes Live
As GPT-5.0 hits the scene, a new Medius survey exposes a growing crisis in finance: nearly one-third of professionals admit they can’t already spot AI-generated fake expense reports. How will they handle even more sophisticated, AI-driven fraud?
Citi and SDX to Unlock Access to Tokenized Private Market Assets for Global Issuers and Investors
Citi, one of the largest international banks, and the Swiss company SDX announced cooperation at the Point Zero Forum.
First Saudi IPO Since Tariff Shock Draws $20 Billion in Orders
Saudi packaging manufacturer United Carton Industries Co. drew more than $20 billion in orders for its initial public offering (IPO) of shares.
China Risks to Dive Into Deeper Deflation
High tariffs from the United States on imports of goods from China are a factor that will definitely significantly reduce or, quite likely, bring US orders for products from an Asian country to zero, against which Beijing, as part of its desire to help local exporters, is making efforts to divert sales to the domestic […]
European Inflation Shows Stability
In April, inflation in the eurozone showed no change, remaining at the 2.2% mark.
Global Manufacturing Activity Decreases
In April, global manufacturing activity contracted for the first time since the beginning of the current year.
US Economy Adds 177,000 Jobs
The United States labor market, which has demonstrated resilience for a long period, continues to defy expectations in a positive sense even amid increasing uncertainty related to the trade war.
China Says About Prospects of Trade Talks With US
China said it is currently evaluating the possibility of implementing a negotiation process with the United States on trade cooperation between the world’s two largest economies that was actually the first signal from Beijing about the at least theoretical ability of dialogue with Washington after last month, US President Donald Trump announced sweeping tariffs on […]
Sovereign Debt Servicing Costs Low-Income Countries Over $2.6B Extra Due to Currency Fluctuations and Climate Impact
A fresh report shows that the international financial system is being unfair to low-income countries, which suffer from currency fluctuations and the heightened impact of climate change.
Euro-Area Economic Growth Quickens
At the beginning of the current year, the eurozone economy demonstrated growth, the pace of which exceeded preliminary expectations regarding the dynamic of the relevant process, but this system has yet to face the impact of tariffs imposed by the President of the United States Donald Trump, in the plane of practical consequences.
US Economy Shrinks
At the beginning of the current year, the United States economic system showed a decline for the first time since 2022, amid a significant increase in imports ahead of the announcement of tariffs on goods shipped to the US from other countries, and moderate consumer activity in the context of spending.
HSBC Reports Earnings
One of the largest European lenders, HSBC, on Tuesday, April 29, published information on the financial results of its operations for the first quarter of the current year, which exceeded preliminary expectations due to the robust performance of its wealth business, and strength in its corporate and institutional banking segment.
Donald Trump Eases Auto Tariffs
President of the United States Donald Trump on Tuesday, April 29, signed an executive order and a proclamation on easing auto tariffs.
China to Support Exporters
Chinese officials vowed to provide greater support to exporters affected by tariffs from United States President Donald Trump. thus demonstrating the desire to strengthen one of the most important sectors of the Asian country’s economic system.
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