Balyasny Asset Management has established a Dubai-based “pod” focused on Latin American equities, expanding its regional trading footprint as investor interest in emerging market diversification […]
Tag: FINANCE
Standard Chartered to cut thousands of roles as AI use increases
Banking giant Standard Chartered has become the latest major company to announce job cuts as it increases its adoption of artificial intelligence (AI). The firm, […]
SoftBank Profit More Than Triples on OpenAI Stake Gains
Technology investor SoftBank Group reported on Wednesday that its net profit more than tripled to 1.83 trillion yen ($11.60 billion) in the January-March quarter, as […]
Norway Breaks European Silence by Swiftly Raising Rates
Norway’s central bank became one of the first to raise interest rates as a result of the Middle East conflict, warning that the conflict in […]
Indonesia Central Bank Has Sufficient Foreign Reserves to Stabilize Rupiah
Indonesia’s central bank has sufficient foreign exchange reserves to make the strong market interventions required to stabilize the rupiah, Governor Perry Warjiyo said on Thursday. […]
Saudi Arabia’s Money Supply Breaks $882 Billion Barrier for 1st Time in History
Saudi Arabia’s money supply surpassed the $882 billion mark for the first time in its history at the end of March 2026, as broad money […]
Saudi Central Bank Governor National Model Shielded Economy from Shocks
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s […]
UAE Central Bank to develop e-KYC platform
The platform enables secure data sharing strictly based on explicit customer consent. The new process introduces a unified national approach that supports both financial institutions […]
US, UK regulators meet banks on Anthropic AI cyber risks to financial systems
US and UK regulators are holding discussions with major banks about cyber security risks linked to Anthropic PBC’s latest AI model, amid wider concern about […]
Jordan Kuwait Bank unify digital channels with ‘next-gen’ platform
Jordan Kuwait Bank has announced plans to unify its digital channels within an “advanced next-generation platform” as part of the bank’s wider digital transformation. The […]