LESS than four months after the collapse of the FTX exchange, crypto companies are again finding themselves assessing exposure to an embattled partner and cutting ties preemptively to avoid contagion.
THE number of Americans filing new claims for unemployment fell again last week, pointing to sustained labour market strength that could keep the Federal Reserve raising interest rates.
LEBANON’S central bank is taking a page from a playbook it’s used before to try and douse the currency crisis raging in the country for three years with a plan to price dollar sales at a weaker level than its own official exchange rate.
ALIBABA Group Holding’s chip unit T-Head and Alipay, the payment service under Alibaba’s financial affiliate Ant Group, will release computing chips for secure payments based on the RISC-V instruction set architecture, the two entities said.
JULIUS Baer Group plans to ramp up hiring in Asia, after the reopening of China helped to restore client confidence in the region, according to the head of the Swiss private bank.
BINANCE’S custody unit Ceffu said on Thursday (Mar 2) it is planning to apply for a permit to offer payment services in Singapore, as the crypto exchange makes another attempt to function in the crypto-friendly city-state.
CREDIT Suisse Group is escalating efforts to win back clients with deposit rates that are significantly higher than rivals as a run of senior banker departures adds urgency to its campaign to recoup assets.
