In a surprising turn of events, banks in the Gulf Cooperation Council (GCC) countries are sitting on more liquid cash than many of their global counterparts. This shift is largely due to the high interest rates in Europe and other regions, according to an executive from Qatar National Bank. Speaking
Imagine a bank that reaches out to those who often get left behind. That's what Boost Bank is doing! Created by Axiata Group Berhad and Boost, this digital bank has teamed up with RHB Banking Group to make financial services more accessible. They’re focusing on safety measures against unauthorized a
The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener
Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr
Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient
Cryptocurrencies have been a big thing since Bitcoin came on the scene in 2009. Now, there are over 20,000 cryptos out there. But with this growth comes trouble – crypto scams are on the rise. The FBI says these scams went up by more than 50% between 2022 and 2023, reaching almost $4 billion in loss
Ever visited a website and thought, “Something’s not right here”? That might have been the case for some LEGO fans this weekend. A mysterious banner popped up on the LEGO Shop claiming that the toy giant was diving into the world of cryptocurrency with something called "LEGO Coin." But don't be fool
Two German scholars from the University of Würzburg have spent the past five years studying texts from Egypt. These were written between the 4th and 12th centuries AD, using materials like papyrus, parchment, paper, and clay shards called "ostraca." The texts were in Coptic, a late form of Egyptian
Ether and bitcoin prices dropped on Tuesday, the first day that ether exchange-traded funds (ETFs) started trading. Bitcoin fell by 3%, settling at around $65,891.50, while ether dropped more than 1%, reaching about $3,445.10. Analysts believe these dips were due to investors taking profits after si
After two days of decline, cryptocurrency prices made a comeback on Friday, with Bitcoin and Ether both up by 4%. This rally followed a tough week for risk assets, with the Nasdaq Composite and S&P 500 suffering significant losses. However, these stock indices managed to rebound on Friday. In the cr
