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Tag: FINANCE

Balyasny builds Dubai-based Latin America equities pod
BUSINESSFINANCEINTERNATIONALUAE

Balyasny builds Dubai-based Latin America equities pod

Balyasny Asset Management has established a Dubai-based “pod” focused on Latin American equities, expanding its regional trading footprint as investor interest in emerging market diversification…

May 26, 2026
Standard Chartered to cut thousands of roles as AI use increases
FINANCETECHNOLOGY

Standard Chartered to cut thousands of roles as AI use increases

Banking giant Standard Chartered has become the latest major company to announce job cuts as it increases its adoption of artificial intelligence (AI). The firm,…

May 19, 2026
SoftBank Profit More Than Triples on OpenAI Stake Gains
BUSINESSFINANCETECHNOLOGY

SoftBank Profit More Than Triples on OpenAI Stake Gains

Technology investor SoftBank Group reported on Wednesday that its net profit more than tripled to 1.83 trillion yen ($11.60 billion) in the January-March quarter, as…

May 14, 2026
Norway Breaks European Silence by Swiftly Raising Rates
EUROPEFINANCEINTERNATIONAL

Norway Breaks European Silence by Swiftly Raising Rates

Norway’s central bank became one of the first to raise interest rates as a result of the Middle East conflict, warning that the conflict in…

May 8, 2026
Indonesia Central Bank Has Sufficient Foreign Reserves to Stabilize Rupiah
BUSINESSFINANCE

Indonesia Central Bank Has Sufficient Foreign Reserves to Stabilize Rupiah

Indonesia’s central bank has sufficient foreign exchange reserves to make the strong market interventions required to stabilize the rupiah, Governor Perry Warjiyo said on Thursday.…

May 8, 2026
Saudi Arabia’s Money Supply Breaks $882 Billion Barrier for 1st Time in History
BUSINESSFINANCESAUDI ARABIA

Saudi Arabia’s Money Supply Breaks $882 Billion Barrier for 1st Time in History

Saudi Arabia’s money supply surpassed the $882 billion mark for the first time in its history at the end of March 2026, as broad money…

May 7, 2026
Saudi Central Bank Governor National Model Shielded Economy from Shocks
BUSINESSFINANCEPOLITICSSAUDI ARABIA

Saudi Central Bank Governor National Model Shielded Economy from Shocks

Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s…

April 20, 2026
UAE Central Bank to develop e-KYC platform
BUSINESSFINANCEINTERNATIONALMENATECHNOLOGYUAE

UAE Central Bank to develop e-KYC platform

The platform enables secure data sharing strictly based on explicit customer consent. The new process introduces a unified national approach that supports both financial institutions…

April 15, 2026
US, UK regulators meet banks on Anthropic AI cyber risks to financial systems
BUSINESSCRYPTO FINANCEFINANCEINTERNATIONALTECHNOLOGY

US, UK regulators meet banks on Anthropic AI cyber risks to financial systems

US and UK regulators are holding discussions with major banks about cyber security risks linked to Anthropic PBC’s latest AI model, amid wider concern about…

April 14, 2026
Jordan Kuwait Bank unify digital channels with ‘next-gen’ platform
BUSINESSCRYPTO FINANCEFINANCEINTERNATIONALMENATECHNOLOGY

Jordan Kuwait Bank unify digital channels with ‘next-gen’ platform

Jordan Kuwait Bank has announced plans to unify its digital channels within an “advanced next-generation platform” as part of the bank’s wider digital transformation. The…

February 9, 2026

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