Explainer: What are stablecoins, the asset rocking the cryptocurrency market?
Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins. As cryptocurrency prices...
Migrant disappearances quadruple in Mexico in 2021, says report
Reported cases of missing migrants in Mexico jumped nearly fourfold in 2021 from 2020, as the country struggles to stem the flow of undocumented people...
India seeks to restore block on $725 mln of Xiaomi’s bank assets
India's financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million in the Indian bank accounts of Xiaomi Corp (1810.HK) as...
Ford makes U-turn, shelves plans for EV exports from India
Ford Motor Co (F.N) said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports, while it explores options for its two...
Russia threatens to retaliate as Finland seeks NATO membership ‘without delay’
Finland said on Thursday it would apply to join NATO "without delay", with Sweden expected to follow, as Russia's invasion of Ukraine looked set to...
Quick fix to U.S., Iran nuclear deal differences unlikely – French diplomat
There is little chance of the United States agreeing to remove Iran's elite security force from its list of foreign terrorist organisations any time soon,...
Number of refugees fleeing Ukraine war exceeds 6 million -UN agency
The number of people who have fled Ukraine to escape Russia's invasion has passed 6 million, in Europe's worst refugee crisis since the end of...
EU lawmakers back effective ban on new fossil-fuel cars from 2035
Lawmakers on the European Parliament's environment committee on Tuesday backed an EU plan to effectively ban new petrol and diesel car sales from 2035, while...
HSBC launches $1 bln lending fund for female entrepreneurs
HSBC Holdings (HSBA.L) said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months. "The level of...
UK names LSE academic Dhingra to BoE rate-setting committee
Swati Dhingra, an associate professor at the London School of Economics, will join the Bank of England's Monetary Policy Committee in August after the term...