The move was made after some social media sites have been spreading the rumour that the State Bank of Vietnam plans to eliminate the small banknotes. The SBV affirmed that the…
The e-CNY gives Beijing greater control over the economy and supports yuan internationalisation via projects like cross-border platforms.
The transformation, powered by the revolutionary PromptPay system, is not merely a domestic success story. It is positioning the nation as a pivotal hub for financial innovation…
Gold, widely regarded as a safe-haven asset during periods of economic and geopolitical uncertainty, has been edging higher in recent days amid growing global tensions.
In its latest Global Financial Stability Report, the IMF said dollar asset exposure held by Korean companies and financial institutions amounts to nearly 25 times the size of the…
Despite concerns over a possible market correction, the firm noted that a decline in home loan interest rates, strong economic growth and easing inflation helped sustain housing…
The increase underscores the Bank of Thailand’s ongoing role in managing baht stability amid pressures from capital flows and a strengthening currency.
The yellow metal, known as a haven for investment in times of uncertainty, has begun to inch up in recent days.
North Korea's hackers pulled off fewer but larger crypto heists, comprising over 60 percent of global thefts, global blockchain analytics firm Chainalysis said.
Industries are currently burdened with exorbitant energy tariffs, high fuel prices, excessive taxation, and a volatile exchange rate. Business leaders argue that maintaining a…