Global
Global: China FX Reserves Rise to $3.128 Trillion
China’s foreign exchange (FX) reserves inched upward in December, 2022 official data showed on Saturday (January 7, 2022) as the dollar fell against ...
Global
Global: World Bank to warn of global recession risk in economic outlook
The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable. ...
Global
Global: Indian lending platform KreditBee closes second tranche of $200m funding round
Bengaluru-based fintech lending platform KreditBee has extended its Series D funding round with a $100 million investment from private equity giant Advent International. ...
Global
Global: FTC files first suits to stop companies from making workers sign noncompete restrictions
For the first time ever, the Federal Trade Commission has sued multiple companies and individuals claiming they imposed illegal noncompete restrictions on workers. ...
Global
Global: Last Chance to Register for iFX EXPO Dubai 2023
The Premier Event for Business Networking and Collaboration in the Financial and Fintech Space iFX EXPO Dubai 2023 is rapidly approaching, and it is ...
Global
Global: Bank of France governor calls for the country to establish crypto regulations ahead of the MiCA
Bank of France governor Francois Villeroy de Galhau has called for the country to increase its scrutiny of crypto companies that operate in ...
Global
Global: Chinese billionaire Jack Ma to give up control of Ant Group
Ant Group’s founder Jack Ma will no longer control the Chinese fintech giant after shareholders agreed to implement a series of adjustments. Ma ...
Global
Global: Swift names Stephen Grainger as chief executive for Americas and UK
Swift has appointed ex-Mastercard executive Stephen Grainger to the role of chief executive for the Americas and UK region. Grainger brings 20 years ...
Global
Global: Astra Tech’s PayBy receives SVF and RPS licences from Central Bank of UAE
Fintech company PayBy, recently acquired by Astra Tech in August 2022, has been licensed by the Central Bank of the UAE to conduct ...
Global
Global: The FTC wants to ban the noncompete clauses ensnaring some tech workers
The Federal Trade Commission is looking to ban noncompete clauses in employment contracts, which companies put in place to prevent employees from going ...