US banks win capital rule relief
Industry groups estimate that the eight most interconnected global US banks alone have about $1 trillion in combined capital
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Jobs dry up in happy Finland
Finland’s unemployment problem runs deeper than a bad quarter or a shaky global economy
Money moves beyond SWIFT now
More than $150 trillion of cross-border payments happen every year globally, and most of them go through SWIFT
Asia banking talent war returns
For a couple of years, investment banking in Asia was somewhat muted
Energy costs stall OpenAI’s UK expansion
OpenAI hired former UK Chancellor George Osborne in December to spearhead its global Stargate data centre expansion
Norway data centre project in Husnes targets 150MW scale
Reikna plans to build data centres in Norway using the clean surplus energy available in the country, targeting a 300MW portfolio of multiple sites by
IMF, Sri Lanka agree on USD 700 million funding deal
The deal comes as the island nation is recovering from its worst economic crisis in decades, which resulted in a foreign debt default in 2022
Qatar Financial Centre sees 813 new firms in Q1 2026
The Qatar Financial Centre is designed to function within the country and offers a unique business platform for firms that want to set up and
TikTok to invest Euro 1 billion in second data centre in Finland
TikTok expands its European presence with a second data centre in Finland, boosting local data storage and digital infrastructure investment
Foreign investors pull USD 70.3 billion from emerging markets
Outflows from emerging equities, particularly in Asia, drove the losses, although foreign investors also withdrew from fixed income, the report from the Institute of International