Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very
2023-09-05 16:17
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 16:16
EU Seizes on Putin and Xi’s G-20 Absence to Engage Africa
The European Union plans to take advantage of the absence of Xi Jinping and Vladimir Putin from this
2023-09-05 14:28
Paytm Founder Says He’s Looking for Chances to Raise Stake
Billionaire Vijay Shekhar Sharma, the founder and chief executive officer of India’s biggest digital payments company, said he’ll
2023-09-05 12:48
OpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa
OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast
2023-09-05 11:53
Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-05 11:26
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:54
Korea’s Inflation Speeds Up, Keeping Door Open to Rate Hike
South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case
2023-09-05 08:49
Modi Turns G-20 Summit Into Not-So-Subtle India Election Kickoff
On buses and auto-rickshaws, sidewalks and bridges, billboards and market walls: It’s hard to go long in New
2023-09-05 08:24
Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out
In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas,
2023-09-05 07:55
Debt Crisis Threatens to Engulf China’s Surviving Developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a shrinking
2023-09-05 06:46
Eskom Latest: Electricity Outages Ramped Up to Stage 6
South Africa’s state power utility will increase the intensity of electricity outages to the highest level in almost
2023-09-05 02:46