Visa has invested in Mynt, a Swedish spend management platform, as part of a strategic move to bolster financial tools for small and medium-sized enterprises (SMEs) across Europe. This investment coincides with
DBS Bank and the Bank of China’s Singapore branch have confirmed that customer data was compromised following a ransomware attack on third-party vendor Toppan Next Tech (TNT), a company responsible for printing
U.S. stock futures rose on Tuesday, offering a glimmer of relief to markets battered by days of steep losses driven by escalating trade tensions. The rebound is being fueled by investor optimism
Global markets are under pressure as escalating U.S. tariff policies drive investor anxiety, corporate earnings downgrades, and growing recession risks. With the S&P 500 nearing bear market territory, analysts warn that the
European banking stocks have officially entered bear market territory as fears of a global economic slowdown intensify. The sector index dropped 4.8% on Monday, marking a decline of over 20% from recent
Credit markets across Asia are showing growing signs of stress, as heightened global trade tensions spill into fixed-income instruments. The strain follows the U.S. administration’s sweeping import tariffs, which have roiled investor
European financial markets experienced significant declines following the United States’ implementation of extensive import tariffs, which have intensified global trade tensions and raised concerns about a potential economic downturn. The Dow Jones
Former Bank of Japan (BOJ) board member Makoto Sakurai suggests that the central bank may implement another interest rate hike in 2025, potentially in April or June, raising the short-term rate from
The Reserve Bank of Australia (RBA) has expressed concerns that the United States’ recent tariff policies may significantly hinder global economic growth. In its semi-annual Financial Stability Review, the RBA highlighted that
UBS has completed the merger of Credit Suisse’s service company entities in India into its own UBS Business Solutions arm, consolidating a combined workforce of roughly 24,000 employees. This marks a key
