Markets

7 December 2024

Government Advisor Urges Japan to Address Growing Debt Crisis

Japan’s growing national debt is becoming a critical concern, according to a prominent government advisor, who has urged immediate action to curb the rising fiscal burden. As Japan grapples with an ageing population and a stagnant economy, the advisor warned...

7 December 2024

Intel’s CEO Exit Paves the Way for New Deal Negotiations

In a surprising move that has sent shockwaves through the tech industry, Intel Corporation’s CEO, Pat Gelsinger, announced his departure after a tenure marked by both challenges and bold ambitions. His resignation has set the stage for new leadership and...

5 December 2024

AETOS UK’s Revenue Grows By 20% In Another Successful Year

The UK-regulated part of AETOS, a broker for contracts for differences (CFDs), finished the fiscal year with a revenue of £479,421, 20 percent more than the preceding year’s £399,017. According to filings with Companies House, the broker made £474,660 of...

5 December 2024

Klarna Fined $46 Million For Anti-Money Laundering Failures

Klarna, the buy-now-pay-later (BNPL) company, has been fined $46 million by Sweden’s financial regulator, Finansinspektionen, for failing to meet anti-money laundering rules. This penalty, one of the largest ever issued by the regulator, has sparked concerns about Klarna’s upcoming IPO...

4 December 2024

SEC Sees 21% Increase In Investment Fraud Losses

According to reports, new technology has revolutionized investing, but it has also introduced significant risks. Tools like cryptocurrencies  and artificial intelligence have provided fraudsters with new methods to deceive unsuspecting investors. The Securities and Exchange Commission's (SEC) fiscal year 2024...