Europe's biggest bank HSBC, opens new tab said that a trial use of quantum computers to aid bond trading had produced promising results, in a rare example of a major finance company finding early benefits from the emerging technology. HSBC...
Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised $136 million in a significant vote of confidence from backers. The Series C funding round...
The money will be used to support the roll-out of electric two-wheeler vehicles and battery-swapping infrastructure in Kenya. French sustainable investor Mirova has provided $10m of senior debt financing to ARC Ride, an electric mobility company in Kenya which operates...
Key concerns include opaque remuneration and fee structures, inconsistent valuation practices and unclear definition of key terms, among others, according to the report. Australia’s private credit sector must improve standards around valuations, governance and liquidity to align with global practices...
Qatar’s economy expanded by 1.9 percent in the second quarter of 2025, fueled by a 3.4 percent rise in non-hydrocarbon sectors, official data showed. The National Planning Council reported on Sept. 21 that real gross domestic product reached 181.8 billion...
This is the Fed’s first cut since December, lowering the short-term rate to about 4.1%. The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows...
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade Organization report warned on Wednesday. Lower trade costs and...
Central bank ends three-month streak of rate holds to support slowing economy. The Bank of Canada cut its benchmark interest rate by a quarter point Wednesday as the central bank worries less about inflation risks and more about a slowing...
The central banks of Bahrain and the UAE have decided to cut their overnight deposit rate by 25 basis points. The Central Bank of Bahrain (CBB) said it cut the overnight deposit rate from 5.00% to 4.75%, effective 18th September...
Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the US Federal Reserve. It was the first easing by the Hong Kong Monetary Authority since a 25 basis...
