Finance

Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they’re ever likely to get to the $500 billion of gold the […]

Thailand’s stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst performing equity market. Short selling and high-frequency trading will be limited to stocks in the SET100 Index, […]

UAE technology services firm Alpha Data said on Thursday it plans to raise up to $163 million in its initial public offering. The company plans to list 400 million shares on the Abu Dhabi Securities Exchange (ADX) between a price […]

Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that could pose a “major risk” to lenders, according to Moody’s Ratings. Banks’ property development and investment loans accounted for 16 […]

China’s Ministry of Finance has transferred its stakes in a group of financial firms to a government-controlled fund as Beijing steps up its push to overhaul the financial sector. The asset reshuffle will allow Central Huijin Investment – a subsidiary […]

JPMorgan Chase, one of the largest financial institutions in the world, has significantly increased its exposure to Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The firm has […]

A cybersecurity business launched by former Austrian Chancellor Sebastian Kurz and entrepreneurs in Israel said it is now worth $1.1 billion after receiving another $100 million in a new funding round. Founded in January 2023, the company known as Dream […]

Social media users, including a Republican lawmaker, have encouraged Elon Musk and his Department of Government Efficiency (DOGE) to audit Fort Knox, the military installation that houses about half of the country’s gold reserves. As the head of DOGE, a newly formed advisory task […]

The threat of trade tensions with the US is overshadowing a better-than-expected earnings season in Europe. European investors have been on high alert since US President Donald Trump’s election victory in November as he has threatened sweeping global tariffs to […]

The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders. Xi […]