finance

22 arrests, Italian villas seized in vast EU fraud swoop

BRUSSELS, Belgium, April 4, 2024 (AFP) - A coordinated police swoop across Europe on Thursday netted 22 arrests and saw…

Hong Kong scraps property taxes to revive sluggish market

HONG KONG, Feb 28, 2024 (AFP) - Hong Kong has axed all property transaction taxes in a bid to revive…

US identifies use of AI as risk in financial system

WASHINGTON, Dec 14, 2023 (AFP) - US regulators have identified the use of artificial intelligence as a vulnerability in the…

UK’s second biggest city latest to declare financial distress

LONDON, Sept 5, 2023 (AFP) - The council of the UK's second biggest city, Birmingham, became Tuesday the latest local…

G7 finance chiefs move to diversify supply chains

NIIGATA, Japan, May 13, 2023 (AFP) - The G7 plans to launch a partnership scheme to diversify supply chains this…

Norway’s wealth fund posts record loss of $164 bn

Norway's sovereign wealth fund, the world's largest, said Tuesday it recorded a loss of 1.637 trillion Norwegian kroner ($164 billion)…

Hong Kong crypto exchange falls silent, fuelling shutdown fears

Hong Kong, China (AFP) A major Hong Kong-based cryptocurrency exchange has scrubbed some of its social media presence two weeks…

World ‘burning up faster’ than it can recover: Pakistan PM

  Sharm el Sheikh, Egypt | AFP | Climate change is outpacing the capacity of developing nations to cope with…

Diokno says economy still on steady path to recovery despite lower growth figures in 2nd quarter

Main growth contributors were transportation and construction; services sector posted highest positive growth   (Eagle News) – The Philippine economy…

G20 finance chiefs meet as Indonesia warns of energy, food catastrophe

BALI, Indonesia (AFP) -- Group of 20 finance ministers and central bank chiefs met in Indonesia Friday for talks on…

China’s Xi calls for stronger fintech oversight, security

BEIJING, China (AFP) -- A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and…

Mining firms targeting Brazil indigenous lands: report

RIO DE JANERIO, Brazil (AFP) - Major mining companies are seeking to expand to currently protected indigenous lands in the…

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