Markets

BKN301, a global fintech architecture provider, recently announced that it has topped up its Series B funding round with a £10 million credit facility, and it acquired an AI-driven financial analytics and open banking specialist, Planky. The announcement came yesterday,...

The Bank of London has replaced its third Chief Executive Officer, Christopher Horne, in a little over a year. With Horne departing, he will now be replaced by Tony Bullman, who has been serving as the Chief Financial Officer over...

Payments giant Mastercard announced the launch of Mastercard Access Pass yesterday, November 25. In its press release, the company said that Access Pass will enable partners to forge deeper connections with consumers through tailored experiences and exclusive perks. What Is...

RTGS.global, a SaaS platform that offers instant cross-border payments for banks, fintechs, and other payment service providers, announced earlier today, November 25, that it has added 23 cryptocurrencies to its global network. The company allows banks and payment firms to...

ABN Amro announced a new roadmap for profitable growth and new financial targets for 2028 earlier today, November 25. As part of the announcement, the Dutch bank said that it will reduce its workforce by 5,200 members, representing almost a...

Regulators have published a draft framework for fintech oversight, focusing on cross-border cryptocurrency transactions and digital payments. The proposed rules aim to enhance consumer protection, prevent money laundering, and create a standardized regulatory environment for global fintech operations. Analysts noted...

Green energy stocks surged this week following European Union approval of significant funding for new offshore wind projects. The EU’s investment plan aims to accelerate renewable energy deployment, reduce carbon emissions, and meet climate targets, signaling strong policy support for...

A major U.S. retail chain has issued a warning that holiday sales may underperform expectations, citing weak consumer confidence and cautious spending patterns. The announcement has raised concerns among investors, suppliers, and industry analysts about the potential impact on earnings...

Global shipping costs continued to decline this week as container demand softened, alleviating some of the supply chain pressures that dominated markets over the past two years. Reduced volumes in key trade lanes, coupled with improved port efficiency and vessel...

The technology sector witnessed a resurgence this week as multiple AI startups announced initial public offerings and record-level venture funding rounds. Investor appetite for artificial intelligence solutions, automation, and machine learning applications has surged, driving valuations and fueling optimism for...

Emerging-market bonds experienced a significant rebound this week as the U.S. dollar weakened, prompting investors to seek higher yields and diversify portfolios. Currency markets played a key role in driving renewed demand, with a softer dollar reducing hedging costs and...

OPEC+ announced a new round of production cuts this week, triggering a global rally in energy shares. The organization cited the need to stabilize oil prices amid fluctuating demand and tightening supply conditions as the primary motivation for the reductions....

The British pound declined sharply this week following the release of inflation data that exceeded market expectations. Consumer price inflation accelerated unexpectedly, raising concerns that the Bank of England may resume interest rate hikes to contain rising prices and maintain...

The European Central Bank (ECB) announced that it would hold interest rates steady this week, signaling a potential end to the recent tightening cycle. The decision reflects the ECB’s assessment that inflation pressures are stabilizing across the eurozone, and that...

Brent crude oil prices climbed past $95 per barrel this week after a disruption at a key Middle Eastern pipeline reduced regional supply. The interruption, caused by technical faults and logistical delays, immediately tightened global oil markets and heightened concerns...