US regulator warned banks on crypto but did not order halt to business
A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking
UBS investigates undisclosed Nazi-linked accounts at Credit Suisse
Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the Wall Street Journal newspaper reported
Foxconn beats estimates with record fourth-quarter revenue on AI demand
Taiwan’s Foxconn the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial
South Korea’s LG CNS launches IPO for up to $817 mln, term sheet says
South Korean IT services provider LG CNS started bookbuilding on Monday to raise up to $817 million in an initial public offering (IPO), according to
Oil eases from near 3-month highs amid strong dollar ahead of economic data
Oil prices slid on Monday amid a strong U.S. dollar, concerns over sanctions and ahead of key economic data by the U.S. Federal Reserve and
Italy in talks over $1.5 billion SpaceX security services deal, Bloomberg News reports
Italy is in advanced talks with Elon Musk’s SpaceX over a 1.5 billion euro ($1.55 billion) deal for the company to provide secure telecommunications to
Shares muddled in Asia, Canadian dollar up on Trudeau reports
Share markets were mixed in Asia on Monday ahead of a week brimming with economic news that should underline the relative outperformance of the United
Shooting down trade: Firm-level effects of embargoes
The downing of a Russian SU-24 fighter jet by Turkish forces in November 2015 led to a swift embargo by Russia on Turkish goods and
Redirecting AI: Privacy regulation and the future of artificial intelligence
Some artificial intelligence technologies are more data intensive than others. This column examines how data privacy regulation shaped the trajectory of AI innovation across countries,
Problem versus opportunity: Implications of immigration for workers’ welfare and entrepreneurship in Germany
Recent worldwide socioeconomic and political developments have increased immigration pressure on developed economies. Receiving countries are putting enormous efforts into understanding the repercussions of immigration
