Markets

Binance, the world’s largest cryptocurrency exchange by trading volume, recently announced a suspension of a number of cryptocurrencies. Some of the affected tokens include Harvest Finance (FARM), Polkastarter (POLS), Alchemy Pay (ACH), and others. All the suspended tokens — which...

According to recent reports, the Reserve Bank of India (RBI) has recently entered a dialogue with other central banks from at least 18 different countries. The central bank is exploring its openness toward the possibility of cross-border payments using a...

BBVA has set up a financial crime prevention division, becoming the first bank in Spain to launch such an offering. The bank said that the goal behind creating the unit was to develop a comprehensive solution model that addresses the...

CaixaBank has unveiled FXWallets. FXWallets is a service that allows a trader to create virtual accounts in an easy and seamless manner. This service supports account opening in a fast and intuitive manner. A user does not have to part...

Orange, the largest telecoms operator across France, has announced that it has entered strategic talks with the BNB Paribas bank. The goal of these discussions is to bring online retail banking clients to Orange Bank under BNB Paribas. BNB Paribas...

The US Treasury Secretary, Janet Yellen, is set to hold discussions with China about the need for the two countries to manage their relationship and work jointly to address global challenges. Yellen is set to tour China between July 6...

Electric vehicle manufacturer, Tesla, has announced that it delivered a record number of vehicles during the second quarter. The figure provided by the EV maker topped market estimates amid price cuts and federal credits by the US government. Tesla surpasses...

United Malt Group, which is a firm based in Australia, has said that it has secured an agreement deal for AUD 1.5 billion, equivalent to $999 million. The takeover deal has been offered by Malteries Soufflet, which is a division...

Singapore’s financial market regulator, the Monetary Authority of Singapore (MAS), recently proposed new measures that will affect the Digital Payment Token (DPT) service providers. According to the new rules, DPT service providers could end up obligated to safely keep customers’...

The UK is about to integrate its Consumer Duty by the end of the month, which requires the local CFD brokers to meet the necessary requirements in order to continue operating. However, after the country’s financial watchdog, the FCA questioned...

Santander Corporate & Investment Banking has secured a stake in the world’s largest trade finance network, Komgo. The investment is aimed at accelerating the digital transformation of trade and working capital products at Santander. Santander invests in Komgo Santander has...

Deutsche Bank is slated to complete the merger of its IT platforms with Postbank customers this weekend. The planned integration might see some customers at the bank being unable to access some of the bank's services. Deutsche Bank to complete...

Canadian-based Bitcoin mining company, HIVE Blockchain Technologies Limited, has reported an around 50% decline in revenues for the 2023 financial year that ended on March 31. The revenues reported by the company during the period reached $106.3M, marking a massive...

Saxo Bank has announced the sale of its stake in Saxo Fintech, a regulatory technology company. The stake has been sold to the company's largest shareholder, Geely Holding Group. Saxo Bank sells stake in Saxo Fintech Geely Holding Group is...

Invest Inc, a fintech and advertisement technology company, has unveiled a new Machine Learning investment research platform. This platform will allow investors to access AI-powered technology that will help them make investment decisions. Invest unveils a new AI tool Invest...