The Japanese yen saw a significant rise against the US dollar on Thursday, fueled by growing anticipation that the Bank of Japan (BOJ) might soon increase interest rates. The yen’s …
Finance
Nvidia has joined forces with six prominent financial institutions to facilitate the raising of over $500 billion for artificial intelligence infrastructure, responding to the growing demand for enhanced computing capacity. …
HSBC has decided to exit the retail banking sector in Australia after reaching an agreement to sell its local mortgage and personal loan portfolio to Blackstone. This marks the end …
In a decisive move, shareholders of Ireland’s Permanent TSB (PTSB) have approved a significant €1.6 billion acquisition by the Austrian financial institution Bawag Group. An impressive 91% of the shareholders …
The Bank of England has taken a decisive step toward managing climate-related financial risks by announcing that, starting in October, it will no longer accept bonds linked to thermal coal …
Revolut hits 68 million customers and £4.5bn in revenue, but warns over energy-heavy crypto and ai ties
Revolut’s financial results for 2025 paint a picture of extraordinary growth, with revenues climbing 46% to £4.5 billion and pre-tax profits jumping 57% to £1.7 billion, yet the company has …
Governor Andrew Bailey delivered a notable pushback against market speculation on Thursday, even as the Bank of England kept its interest rate at 3.75% and acknowledged that inflation risks had …
Motorists in Japan are facing the highest gasoline prices in the country’s history, with the national average hitting 190.8 yen per liter. This record-setting figure, announced by the Oil Information …
The Bank of Canada finds itself at a crossroads this week as it prepares its latest interest rate announcement. While the consensus among economists is for a hold at 2.25 …
Fear of identity theft has spiked among UK bank customers following an IT error that displayed private user data to the wrong people. The breach, affecting Lloyds, Halifax, and Bank …