Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...
Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...
David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic p...
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...
Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...
President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...
Merz is due in Bengaluru, often called India's Silicon Valley, after meeting PM Modi in Ahmedabad. The visit comes just weeks ahead of plans to sign a long-awaited free trade agreement between India a...
The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...
Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...
New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...
China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...
German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...
Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...