January 2026 - Page 29

Cash has largely disappeared in China; mobile payments via Alipay and WeChat Pay dominate every aspect of daily life. These apps are used everywhere, from supermarkets and cafes to taxis and public

The European Commission confirmed on Monday that ambitious regulations aimed at reducing the influence of big tech companies in the digital space and increasing accountability will not be part of ongoing trade

Europol, the European Police Agency, announced that a cryptocurrency investment fraud ring that allegedly laundered €460 million (approximately $540 million) using a global network has been dismantled in Spain. According to Europol’s

The Bank of Korea (BOK) plans to continue cutting interest rates to support economic growth, but will adopt a cautious approach. The minutes of the bank’s May 29 monetary policy meeting were

AMD is making significant strides in developing artificial intelligence (AI) chips, but is still struggling to compete with NVIDIA’s overwhelming dominance. While powerful GPUs like the newly introduced Instinct MI350 offer up

Senator Ted Cruz is in the spotlight with a proposed bill to remove the Federal Reserve’s (Fed) authority to pay interest on banks’ reserves. Cruz argues that this move would save the

Eurozone industrial production and foreign trade suffered significantly in April due to the impact of US tariff announcements. Industrial production fell by 2.4% on a monthly basis, exceeding the already weak 1.7%

Advanced Micro Devices (AMD) is strengthening its relationships with artificial intelligence (AI) startups to improve its chip designs and software solutions. As AI companies seek alternatives to Nvidia’s chips, AMD is accelerating

The US Federal Reserve (Fed) is expected to keep interest rates unchanged at its upcoming meeting. Market focus is now on new projections to be released to gauge the impact of softening

Oil prices rose to their highest level in seven weeks on Wednesday due to progress in trade talks between the US and China and increasing uncertainty surrounding US-Iran nuclear negotiations. Markets were