Einstein famously remarked that a sign of insanity was repeating the same experiment and expecting a different result. If ever this statement had salience, it has to be in the field of foreign exchange intervention to support a flailing currency. Despite all too many past cases, including its own, of foreign exchange intervention failing to provide anything more than temporary currency support, the Bank of Japan now has added its name yet again to the list of failed foreign exchange intervent... Read more ›
The Federal Reserve’s preferred inflation gauge just delivered another reminder that inflation has not been defeated. The Personal Consumption Expenditures (PCE) Price Index rose 4.1% year-over-year in May, the highest annual reading in three years, after climbing 0.4% during the month alone. Even stripping out food and energy, the so-called “core” PCE increased another 0.3% […] Read more ›
The State Bank of Pakistan (SBP) has announced the launch of a new and redesigned official website with a modern… The post appeared first on <a href=" Read more ›
Jeff Currie, senior advisor at the Carlyle Group and executive co-chairman of Abaxx Markets, discusses the downdraft in WTI and Brent crude prices … Read more ›
PBoC governor welcomes announcement and pledges support to China’s partner in ‘global south’ Read more ›
Chainlink is reportedly joining several dozen international banks on a cross-border stablecoin payments project. The goal is to bring about real-time, stablecoin-based cross-border payments for foreign-exchange trades within a year, an executive from the blockchain infrastructure company told CoinDesk in an interview Tuesday (June 23). Project Pangea, as the effort is known, hopes to […] The post appeared first on <a href=" Read more ›
Efficient sorter diversion control of automated material handling systems (MHS) is critical for optimizing operational efficiency in large-scale warehouse environments. In this study, we use an inbound receiving sorter at a high-volume e-commerce warehouse as our primary use case, where the sorter diversion system relies on cost functions with static weight configurations that fail to adapt to highly dynamic system contexts, such as volume mode,... Read more ›
Loonie gains 0.2% against the greenback Read more ›
Google announced June 23 it will require financial ad verification across all EU and EEA states, with enforcement starting July 23, 2026 for 24 new countries. Read more ›
The price of Brent North Sea crude, the international benchmark, dived more than 5 per cent to around $71.50 a barrel Read more ›
Non-performing loans in South Korea’s banking sector have climbed close to KRW18 trillion ($11.7bn), expanding the market for distressed debt sales ... Read more ›
South African President Cyril Ramaphosa appointed former National Treasury budget chief Michael Sachs as his economic adviser, bringing a respected fiscal policy technocrat back into the government as the country seeks to accelerate growth and deepen economic reforms. Read more ›
The recent Iran conflict has exposed the enduring vulnerabilities of Turkey's economic strategy. The post appeared first on . Read more ›
World Cup 2026 Egypt reached the knockout rounds for the first time after a 1-1 draw with Iran in Seattle, with Belgium topping Group G on goal difference. Read more ›
Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country's regulated blockchain-based financial infrastructure expands. Read more ›
Read the June forecast from the FT’s Monetary Policy Radar team Read more ›
Brazil’s Federal Police have launched Operation Miragem to investigate alleged offences against the national financial system involving Digimais, a ... Read more ›
Petrol, diesel prices today — 26 June: Crude oil prices plunged on Friday morning amid easing supply concerns as more stranded oil tankers exited the Strait of Hormuz. Check fuel rate in Delhi, Kolkata, Mumbai, Bengaluru, other cities. Read more ›
...news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry ... South Korea +3.5%, Japan -0.8%. Europe flat, UK +0.3%. S&P 500 -0.1%, Nasdaq -0.4%, Dow +0.4%.Sectors and Shares•... Read more ›
Gold has now fallen below $4,000 an ounce for the first time since November 2025, and suddenly everyone is proclaiming the bull market is dead. On June 24, spot gold fell to an intraday low of approximately $3,973.79, breaking below the $4,000 level for the first time in seven months. On June 25, gold remained […] Read more ›