Tag:

Financial

Jack Ma-backed Yunfeng Financial launches gold-backed crypto token

Yunfeng Financial Group has launched a new digital token backed by physical gold in Hong Kong, marking another step in the region’s push toward tokenized financial assets.

14 May 2026-12:36
How China’s AI race is transforming Alibaba’s business model

Alibaba’s latest earnings report has intensified investor excitement around the Chinese technology giant’s artificial intelligence ambitions. Strong growth in cloud computing revenue, improving margins and rising demand for AI services suggest that the company could become one of the world’s most important artificial intelligence players over the next decade.

14 May 2026-10:52
Is XRP a good investment in 2026? - Anyone investing in XRP must read

XRP is the native cryptocurrency of the XRP Ledger, a blockchain network designed for fast and low cost international payments. The project has existed since 2012 and is closely connected to Ripple, the company focused on blockchain based payment infrastructure for banks and financial institutions.

14 May 2026-07:16
What does Alphabet’s first yen bond sale reveal about the growing costs of the global AI race?

Alphabet is reportedly preparing its first ever Japanese yen denominated bond sale as the technology giant seeks additional financing for its rapidly expanding artificial intelligence ambitions.

12 May 2026-03:11
Toyota sees 20% drop in annual profit as Iran war weighs

08 May 2026-09:13
Economic horoscope for May 8: What the stars predict for money, work and financial decisions

The financial energy surrounding May 8 encourages discipline, strategic planning and smarter decision making.

08 May 2026-05:00
What will drive markets first: Oil, jobs data or the Fed?

Global financial markets are entering a critical week dominated by geopolitical risks in the Middle East, closely watched U.S. economic data and a wave of central bank signals that could shape investor sentiment in the near term.

04 May 2026-14:12
Why Canada targets crypto ATMs?

Canada is moving toward a nationwide ban on cryptocurrency ATMs as part of a broader crackdown on financial crime. The proposal was introduced in the government’s 2026 Spring Economic Update, signaling a major policy shift in how authorities regulate digital assets.

04 May 2026-09:49
Spirit Airlines initiates structured wind-down of services

Spirit Aviation Holdings, Inc., the parent company of Spirit Airlines, LLC, announced today that it has begun an orderly wind-down of operations, effective immediately.

02 May 2026-12:05
Canada to launch Financial Crimes Agency and ban crypto ATMs to tackle money laundering

The Canadian government has introduced legislation to establish the Financial Crimes Agency (FCA), a specialized law enforcement body designed to investigate and prosecute money laundering and fraud.

01 May 2026-14:35