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Chinese regulators impose fines on Ant Group and Tenpay
China’s financial regulators imposed large fines on several fintech companies including Ant Group and Tenpay, sending... -
Fed report admits errors in SVB oversight
The Federal Reserve admitted its standards for Silicon Valley Bank “were too low” in a review of... -
What is happening to US wages?
Nominal wages are growing rapidly in the US, but real wages are not keeping pace. Economists who... -
Bundesbank reports first loss in over 40 years
Germany’s central bank has reported losses for the first time since 1979 due to rising interest rates... -
Biden nominates Ajay Banga to lead World Bank
The US will put forward Ajay Banga, the former chief executive of Mastercard, as its candidate for... -
Russian governor says rates may have to rise
The Bank of Russia’s governor Elvira Nabiullina said rates are likely to rise this year, after the...
