Finance News
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55IMF Warns New AI Models Pose ‘Systemic’ Risk to Global Financial Stability
The International Monetary Fund has issued a stark warning that the rapid adoption of advanced artificial intelligence models could create a systemic...
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57‘Blissful Ignorance’: At Milken Gathering, Elite Investors Shrug Off Geopolitical Risks
The annual Milken Institute Global Conference in Beverly Hills has long been a barometer of elite financial sentiment. This year, the mood...
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57Citi’s Modest Profit Targets Test Investor Patience as Turnaround Nears Key Phase
Citigroup’s latest investor day left some on Wall Street underwhelmed, as the bank outlined profit targets that fell short of more optimistic...
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50Polymarket’s Anonymity Problem: Why Identity Checks Are Key for Regulation
Polymarket, the decentralized prediction market platform, has become a focal point for high-stakes betting on everything from election outcomes to geopolitical events....
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56Let’s Stop Blaming Retail Investors for Wonky Markets — They’re Both Saviours and Villains
For years, retail investors have been cast as the scapegoats of financial market turbulence. When volatility spikes, when meme stocks surge, or...
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54Citi Shares Dip 3% as Modest Profit Targets Disappoint Wall Street
Citigroup shares fell 3% in pre-market trading on Tuesday after the bank unveiled profit targets for 2026 that fell short of investor...
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47The Buy America Trade Rebound: Real Recovery or Temporary Surge?
The ‘Buy America’ trade policy has seen a notable resurgence in recent months, with domestic manufacturing activity picking up pace and new...
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53Paying with Your Face Could Become Mainstream in Three Years, Says Korean Fintech Giant Toss
South Korean fintech leader Toss has announced an ambitious plan to eliminate physical credit cards in the country within three years, betting...
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53Macquarie Commodities Chief Earns More Than CEO as A$35mn Pay Package Highlights Energy Trading Windfall
Simon Wright, the head of Macquarie Group’s commodities and global markets division, received an annual pay package worth A$35 million (approximately US$23...
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54Jane Street Posts $10 Billion First-Quarter Profit, Doubling Trading Revenue
Jane Street, the privately held proprietary trading firm, generated approximately $10 billion in net trading revenue during the first quarter of this...
