Keywords: Finance
The Asian Development Bank has announced a plan to mobilize up to $6 billion by 2030 to strengthen capital markets across Southeast Asia, aiming to reinforce the region’s financial resilience amid rising global risks. The initiative was presented alongside the release of the April 2026 Asian Development......
The financial authorities of Hong Kong have issued their first licences for fiat-backed stablecoin issuance, marking a significant milestone in the city’s strategy to develop a regulated digital currency ecosystem. The Hong Kong Monetary Authority confirmed on Friday that it has approved HSBC......
Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support......
Türkiye’s main stock index posted a strong recovery at midweek, reflecting renewed investor confidence after a previous session marked by losses. On Wednesday morning, the benchmark BIST 100 index opened at 13,353.43 points, recording a notable increase of 3.34%, equivalent to a gain of 431.87......
Joerg Kukies, the former German finance minister, will be joining Morgan Stanley, the U.S. bank announced on Wednesday. This move marks his return to senior banking roles following several years in government service. Kukies, a well-known figure in German finance, will initially work in London starting......
Monte dei Paschi di Siena (MPS), one of Italy’s oldest financial institutions, has announced plans to propose a change in its leadership as part of efforts to improve internal coordination and governance. The decision comes ahead of a key shareholders’ meeting scheduled for mid-April, where......
Casablanca continues to reinforce its position as a leading financial hub in Africa, according to the latest edition of the Global Financial Centres Index (GFCI). The Moroccan city ranked 49th globally among 120 financial centers, gaining seven places over the past year. This progress highlights......
SoftBank Group has arranged a $40 billion bridge loan to support further investments in OpenAI, the creator of ChatGPT, and to cover general corporate expenses, the company announced on Friday. The loan, which matures in March 2027, was coordinated with major financial institutions including JPMorgan......
Nadia Fettah Alaoui has emerged as a pivotal figure in Morocco's economic leadership. Born in 1971 in Rabat, she built a career blending business acumen with public service. Her journey from Casablanca's business circles to the finance ministry showcases a quiet determination that resonates widely. From......
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