Chinese Digital Yuan Usage Needed to be Widened, Says Former PBOC Official

Recently a former official of a Chinese financial institution reported to highlight the current situation of the central bank digital currency (CBDC) in the country. He said the ‘digital currency is l...

Boeing says its loss widened sharply in Q3: should you sell?

Boeing Co (NYSE: BA) is keeping in the green this morning even after the multinational said its loss widened sharply in the fiscal third quarter. Its revenue also missed Street expectations by some $2...

COVID stimulus widened already-crippling inequality

The money-printing bonanza of recent years has been well covered. What doesn’t get enough coverage is the mass inequality that it leads to. Let’s recap. There has been more money printed in the last c...

EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus – Bitcoin News

The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Ru...

Grab Stock Rebounds From Slump After Losses Widened

Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...