Brazil’s central bank has raised concerns about the rapid rise in the use of US dollar-backed stablecoins for cross-border money transfers, warning that the development undermines capital controls and increases capital flow volatility.On Tuesday, Deputy Governor Renato Gomes stated that the growing popularity of stablecoins—digital assets pegged to fiat currencies…
According to a new YouGov/Economist poll, inflation and high prices continue to be a top concern among most American…
The UK’s annual inflation rate rose to 3.5% in April, coming in above economists’ expectations and halting a recent…
Shares of Chinese electric vehicle giant BYD surged to a record high in Hong Kong on renewed investor optimism,…
Marks & Spencer Group Plc has warned that a cyberattack which disrupted its systems for more than three weeks…
Britain and the European Union on Monday unveiled a landmark agreement that promises to revive cooperation across defence, trade,…
President Donald Trump said Russia and Ukraine would begin immediate negotiations to end their war following a two-hour phone…
Shares of Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, surged over 18% in their trading…