Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Kazakhstan's Tengiz oilfield, a major player in global oil production, is facing a significant setback. A recent fire at the GTES-4 power station caused a power supply issue, leading to a temporary shutdown of both the Tengiz and Korolevskoye fields. This halt in production is expected to last anoth
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Kazakhstan is making a bold move into the world of cryptocurrency. The country's government is thinking about using some of its National Fund assets, along with gold and foreign exchange reserves, to create a crypto reserve. This isn't just a small experiment. They're talking about investing between
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Kazakhstan is making waves in the world of digital finance. At the Digital Bridge 2025 event, Bybit Kazakhstan showed off a new way to pay using crypto. This isn't just any payment method—it's a QR code system that lets people pay with crypto in everyday places. Imagine buying your coffee with crypt
Kazakhstan has been grappling with a notable increase in urinary stone disease (USD). This condition, where stones form in the urinary system, has been a growing concern. Over the past eight years, from 2014 to 2021, hospital records have shown a significant number of cases. A total of 162, 538 hosp
