‘It’s a big failure for us.’ Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed

Sweden’s largest pension fund, Alecta, is under fire this week for investments it made into now-defunct U.S. regional banks. After the collapse of the tech-startup-focused Silicon Valley Bank (SVB) on...

Sweden’s Free-Falling Property Market Triggers Worst Economic Slump in EU

(Bloomberg) — Soaring inflation and rising borrowing costs have sent housing prices on a steep downward trajectory across the world, but one of the places where this trend is playing out the fas...

Why Sweden’s $41 Billion of Property Debt Is Alarming Europe

(Bloomberg) — Even in Sweden few people knew much about Castellum AB. Yet the hurried sale of 40 million shares in the property company earlier this month is now seen by some as a harbinger of t...

Sweden’s central bank tests CBDC for retail and international remittance payments

Sweden’s central bank, the Riksbank, along with the central banks of Israel and Norway and the Bank for International Settlements (BIS), is exploring the use of a central bank digital currency (CBDC) ...

Sweden’s central bank launches 100 basis point rate hike

Sweden’s Riksbank launched a 100 basis point hike to interest rates on Tuesday as it looks to rein in inflation. Mikael Sjoberg/Bloomberg via Getty Images Sweden’s Riksbank on Tuesday laun...

Sweden’s Priority Should be Steel Production, Not Bitcoin Mining, Energy Minister Says

Khashayar Farmanbar – Energy Minister of Sweden – believes the nation’s electricity supply should be focused on something “more useful” than bitcoin mining. Over the years, the country has made a name...

Is Bitcoin (BTC) a Currency? Sweden’s Central Bank Weighs In on the Largest Crypto Asset

Sveriges Riksbank, Sweden’s central bank, is looking at Bitcoin in an effort to determine whether the largest crypto asset could be considered as a currency. According to Riksbank, Bitcoin must meet t...

Turkey’s Erdogan Told Allies It Will Say ‘No’ To Finland And Sweden’s NATO Bids, In His Most Definitive Statement Yet

Topline Turkish President Recep Tayyip Erdogan said Thursday that Turkey will reject Finland and Sweden’s NATO bids, delivering a potential blow to the two countries’ applications for membership one d...

Turkey Blocks Start Of Talks On Finland And Sweden’s NATO Applications

Topline Turkey blocked an effort Wednesday to fast-track Finland and Sweden’s NATO applications, potentially preventing a swift accession to the alliance due to concerns from Turkish President Recep T...

Sweden’s PostNord partners with Warpin to train staff in the metaverse

Sweden’s postal services company PostNord is taking the process of recruiting employees a notch higher. The firm has teamed up with Stockholm-based metaverse company Warpin to train its staff in the m...

Sweden’s central bank completes second phase of e-krona testing

The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation’s central bank,...

Sweden’s H&M Stock Slides 13% As Price Rises Are Confirmed

H&M sales grew in key markets to February but slowed in March. (Photo by Robert Alexander/Getty … [+] Images) Getty Images Shares in Swedish clothing chain Hennes & Mauritz (H&M) tum...

Technicorum and Tradera Launch First NFT Project with Sweden’s Most Prominent Artist Ernst Billgren

Advertisement &nbsp &nbsp Technicorum Holdings, a global investment and compliance company headquartered in Singapore, specializing in digital assets like blockchain-based pro...

Crypto Advocates Push Back on Sweden’s Call for EU Mining Ban

“I think this is a weak argument. It is like saying: If we don’t make it – weapons, drugs, child pornography, crypto mining, whatever – somebody else will, so we might as well do it,” Overland said. “...

Sweden’s inflation rate at a 29 year high, “transitory”

Inflation is on the rise in many parts of the world. On Wednesday, The U.S. Federal Reserve reported a CPI inflation of 7.0% for December. Following this trend, the inflation rate of the Swedish krona...