Banking turmoil has potential to trigger financial crisis
Following the failure of startup-focused lender Silicon Valley Bank, Australia's banking regulator...
United States
More misery for crypto sector as troubled Silvergate announces business closure
Silvergate lost the support of two big companies in the cryptocurrency industry:...
Silicon Valley Bank saga to force a change in Fed’s policy stance?
Venture Capitalist Vinod Khosla and the OpenAI CEO Sam Altman have been...
Global interest rates will hit their highest level since 2007, investors believe
In December 2022, Fed officials forecasted raising interest rates above 5% in...
United Arab Emirates leads hospitality boom in MENA
More hotel rooms are planned for Saudi Arabia than for the United...
US federal entities failing at password game
A threat actor would have a similar success rate as the auditors...
Growth dilemma of US energy sector
The US energy sector is not really in the most comfortable position...
Crypto crime hits USD 200 billion in 2022
Chainalysis reported that the value of crypto transactions involving illegal activities increased...
Not so happy 2023 for Japan’s economy? Businesses remain bearish
Some 65 firms in Japan expected a solid expansion or moderate growth...
What’s in store for Africa in 2023? World Bank answers
The World Bank in last year projected that economic growth in Sub-Saharan...