Digital euro will launch but perhaps later than 2027

Plans for the digital euro see a 2027 launch but the ECB still needs to win support from commercial banks and citizens

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Central US treasury clearing marks substantial change

Big banks, broker dealers and hedge funds will have to settle their treasury and repo trades centrally from 2026

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Moscow is seeking to turn what has historically been a transactional relationship into something deeper and enduring

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The three-time former prime minister aims to secure a fourth stint in the post at the upcoming general election

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A grand new temple in the northern city of Ayodhya was opened to great fanfare this week

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Tokyo has approved the draft budget for fiscal 2024, which boosts defence spending and aims to tackle public debt

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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023

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The government has issued an expansionary budget for 2024, with capital expenditure set at just over USD50bn

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The Securities and Exchange Commission last week approved applications for trading Bitcoin exchange traded funds (ETFs)

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Italy has rejected reforms to the European Stability Mechanism, reinforcing its opposition to the bailout fund

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