UniCredit has posted a surprising jump in profits for the second quarter of 2025, leading the bank to raise its earnings forecast for the full year. The profit boost comes despite its
Bank of England Governor Andrew Bailey has strongly defended the current banking regulations in the UK, particularly the controversial ring-fencing rules that separate consumer lending from investment banking. This defense comes in
The global cryptocurrency sector has officially surpassed the $4 trillion mark, capping off a week that many industry observers believe marks the asset class’s transition from speculative frontier to financial mainstream. Fueled by
The Bank of England has begun pressing major lenders to detail how they would cope if U.S. dollar funding suddenly dried up, a scenario increasingly plausible amid concerns over a potential second
Japan’s core consumer inflation eased to 3.3 percent in June, down from May’s 3.7 percent, but remained well above the Bank of Japan’s 2 percent target for the 39th consecutive month, keeping rate hike expectations
Leading American banks are inching toward stablecoin adoption, signalling a cautious but strategic embrace of digital currency as regulatory clarity begins to take shape. Bank of America has confirmed early-stage development of
The British pound firmed slightly against the euro following new labour market data that painted a more balanced picture of the UK economy. Though wage growth continues to cool and employment figures
In June, UK consumer price inflation unexpectedly climbed to 3.6 per cent – the highest rate since January 2024, driven by rising food, fuel, and transport costs, and catching markets by surprise. This
The Bank of Japan is set to raise its inflation outlook for fiscal 2025, acknowledging persistent upward pressure from food costs such as rice, while keeping its 0.5% short-term policy rate unchanged
Bitcoin has soared past the $120,000 threshold, marking a new all-time high of $123,153 and reaffirming its emergence as a maturing financial asset within institutional portfolios. This record, reached on 14 July,
