Finance News

Stablecoins Might Revolutionize Payments — But What If They Don’t?

Stablecoins have long been touted as a groundbreaking innovation for global finance. With promises of fast, borderless transactions and transparent smart contracts, they appear to offer a futuristic alternative to traditional payment systems. But more than a decade since their debut, stablecoins have yet to deliver on much of their real-world potential outside of crypto […]

Meta Eyes $29 Billion from Private Credit Giants to Power AI Expansion

Meta Platforms is seeking to raise $29 billion from private credit firms in one of the largest capital-raising efforts of its kind. The funds will be used to supercharge the company’s AI ambitions through large-scale data centre developments across the United States. Breakdown of the Capital Strategy According to sources familiar with the matter, Meta […]

Biggest US Banks Pass Federal Reserve Stress Tests

The 22 largest US banks, including JPMorgan Chase, Goldman Sachs, and Bank of America, have successfully passed the Federal Reserve’s 2025 annual stress tests, affirming their resilience in a severe economic downturn. The results pave the way for increased shareholder payouts via dividends and stock buybacks. Lighter Recession Scenario Than Last Year This year’s “severely […]

Chinese Phonemaker Xiaomi Stuns Market with 200,000 EV Orders in 3 Minutes

Xiaomi, best known for its smartphones, made waves in China’s electric vehicle (EV) market after announcing 200,000 pre-orders in just three minutes for its new YU7 SUV. The announcement sent its shares to an all-time high, signaling fierce competition ahead for major players like Tesla and BYD. Stock Surge Following EV Launch On Friday, Xiaomi’s […]

Greek Energy Group Metlen Plans August London Listing

Primary listing to shift from Athens to London as UK IPO market seeks revival In a sign of renewed confidence in the UK stock market, Greece’s Metlen Energy & Metals has announced plans to shift its primary listing from Athens to London in August 2025, targeting entry into the FTSE 100. A Strategic Move to […]

Dollar Hits 3-Year Low Amid Speculation Over Early Fed Chair Announcement

The US dollar slumped to its lowest point in three years following reports that former President Donald Trump is considering announcing his pick to replace Federal Reserve Chair Jay Powell sooner than expected. The move sparked market uncertainty, with traders interpreting it as a potential shift in future monetary policy. Dollar Weakens on Fed Speculation […]