Citigroup Inc. is reviewing its digital-assets custody partnership with Swiss fintech firm Metaco and has started informal talks with other providers, people with knowledge of the matter said.
A record low in the cost of borrowing yuan by at least one measure is heaping pressure on the embattled currency, which is weakening toward a 16-year nadir against the dollar.
A Hong Kong pro-democracy radio station will air its final show Friday evening, ending nearly two decades of broadcasting due to what it called a “dangerous” political situation.
Nigel Farage, the former leader of the pro-Brexit UK Independence Party, said his bank accounts are being closed with “no explanation or recourse.”
China’s momentum to surpass the US as the world’s biggest economy may be thwarted by current dynamics.
South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the implosion of tokens created by countryman Do Kwon exacerbated a $2 trillion crypto-market rout.
Volkswagen AG replaced the chief executive officer of its flagging premium brand Audi as Europe’s biggest carmaker seeks to keep up in the electric-car race and reverse a sales slide in China.
TikTok is taking a page from the playbook bargains app Temu employed to jumpstart its business in America: it’s promising merchants a fast-track to its burgeoning online marketplace — for free.
A man who took part in the Jan. 6 attack on the US Capitol was arrested Thursday night in the Washington neighborhood where former President Barack Obama lives, according to NBC News.
Shorter-maturity Philippine bonds look increasingly favorable relative to longer-dated ones, aided by the central bank’s pivot to an easing stance, which will also boost lending in the economy.
