Tag: Finance

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Financial risks of climate change overplayed

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...

Outspoken market analyst’s Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...

Visa allays slowdown fears as strong consumer spending lifts quarter

Visa Inc said that it expects revenue to accelerate past pre-pandemic levels, reassuring investors of a sustained recovery against the backdrop of challenging macroeconomic conditions...

Blackrock plans first China ETF product this year

BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff...

Nexo and mastercard launch crypto-backed payment card

Crypto lender Nexo said that it has teamed up with global payments company Mastercard to launch on what it calls the world's first crypto-backed payment...

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AI Investments and Consumer Spending Expected to Drive US Economic Growth in Third Quarter

The US economy is expected to have expanded at...

China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

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