Business & Economics

Chinese Banks Boost Dollar Buying as Beijing Tries to Slow Yuan’s Rapid Rise

State Banks Move to Cool Fast Yuan Gains China’s biggest state-owned banks have increased their U.S. dollar purchases in the onshore market, signaling a new...

Bank of America Opens the Door to Crypto With New Allocation Guidance

Bank of America now encourages its wealth clients to hold a small share of crypto in their portfolios. The bank recommends a 1 to...

MrBeast Prepares To Launch MrBeast Financial As New Banking And Crypto Venture

Jumping From Viral Videos To Financial Services MrBeast appears ready to expand far beyond YouTube as his team prepares the launch of MrBeast Financial, a...

South Korea Expands 2026 Foreign Bond Issuance Cap to 5 Billion Dollar Limit

Seoul Moves to Support Currency Stability South Korea will raise its foreign bond issuance cap for 2026 to 5 billion dollars, marking a sharp increase...

BRICS Bank Secures 1 Billion Dollar Boost from Indonesia as De-Dollarization Efforts Gain Momentum

Indonesia’s Contribution Strengthens NDB’s Global Ambitions The New Development Bank, widely known as the BRICS Bank, has gained a major financial lift after Indonesia contributed...

Japan Plans Flat 20 Percent Tax on Crypto Gains as Part of Major Market Overhaul

Japan is preparing a major shift in how it taxes cryptocurrency profits, aiming to introduce a flat 20 percent rate that would bring digital...

Amazon Announces 50 Billion Dollar Plan to Build U.S. Government AI Infrastructure

Amazon Expands Its Government-Focused AI Ambitions Amazon revealed plans to invest up to 50 billion dollars to grow its artificial intelligence and high-performance computing footprint...

Bank of America Sees Gold Hitting $5,000 by 2026 as Investors Remain Underexposed

A New Bullish Outlook for Gold Bank of America has raised its long-term gold forecast, saying the precious metal could reach $5,000 per ounce by...

U.S. Approves Major Nvidia AI Chip Exports to the Gulf

The United States has cleared the export of Nvidia’s advanced AI chips to state-backed firms in the United Arab Emirates and Saudi Arabia. The...

VanEck Debuts Zero-Fee Solana ETF With Staking Rewards

Fee-Free Launch Aims To Capture Early Attention VanEck has rolled out its first U.S.-listed Solana ETF, called VSOL, giving investors spot exposure to SOL along...

Mastercard and Thunes Team Up to Deliver Near-Instant Global Stablecoin Payouts

Mastercard has formed a new partnership with Thunes to bring near-instant stablecoin payouts to users worldwide. The collaboration expands Mastercard’s payment network by adding...

JPMorgan Launches Tokenized JPM Coin on Coinbase’s Base Network for Institutional Clients

JPMorgan Chase & Co. has officially launched its tokenized deposit product, JPM Coin (ticker JPMD), for institutional clients on Coinbase’s Base blockchain. Announced on...