Business LeadersFeaturedBinance hires new chief executive for Singapore divisionWebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 Richard Teng headed the Financial Services Regulatory Authority at Abu Dhabi Global Market prior to joining Binance... Read more
FeaturedFintechFintech investment in China reaches $1.3 bn in H1 2021WebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 China attracted $900 mn in fintech investment in H1 2020... Read more
FeaturedHealthcarePfizer to buy remaining shares of Trillium Therapeutics for $2.26 bnWebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 Pfizer will buy the shares for $18.50 a piece, representing a 203.8% premium... Read more
FeaturedOil & GasSaudi Arabia registers 20% drop in crude oil export in H1 2021WebAdminAugust 23, 2021August 24, 2021 by WebAdminAugust 23, 2021August 24, 2021 The output at oil refineries stood at 2.43 mn bpd during the first six months... Read more
BankingFeaturedAjman Bank-Kamel Pay partner to bring innovative payment solutions to the UAEWebAdminAugust 23, 2021 by WebAdminAugust 23, 2021 The partnership will have a substantial impact on the adoption of secure and cashless payments across the UAE... Read more
FeaturedTechnologyPayPal launches its crypto services in the UKWebAdminAugust 23, 2021 by WebAdminAugust 23, 2021 Earlier, PayPal’s crypto services were only available in the US... Read more
AviationFeaturedKorean Air to retire Airbus A380 in the next five yearsWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The Boeing 747-8I fleet will also follow suit within ten years... Read more
EconomyFeaturedIMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new governmentWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds... Read more
FeaturedInsuranceLifepal raises $9mn to improve its product and customer experienceWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The funding round was led by ProBatus Capital and other participants included Cathay Innovation, Insignia Ventures Partners, ATM Capital, and Hustle Fund... Read more
CurrencyFeaturedBank of Thailand to begin testing CBDC in Q2 2022WebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more