BIS report revealed that most of its central bank members are adopting generative AI to enhance their internal cybersecurity measures. Moreover, they see immediate results of such implementation.
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.
According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.
China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.
On May 23rd, 2024, the Maslow Hotel in Johannesburg set the stage for a groundbreaking gathering as the 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024 convened over 300 global executives, experts, and leaders from the banking and financial services industry. This year’s summit, themed “Empowering Tomorrow’s Banking Digital Landscape: […]
Startup xAI, which operates in the artificial intelligence industry, raised $6 billion in investment funds.
Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya
Google will acquire a minority stake in Walmart-backed Flipkart.
The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.
Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.
Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.
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