Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
HK to host two financial mega events, Q3 GDP expected to beat estimates: Paul Chan
Hong Kong will kick off the first week of November by hosting two major global financial events and announcing third-quarter economic growth, which Financial Secretary Paul Chan Mo-po expects to beat market estimates on accelerating exports and…
Masks Off: Crypto Industry Responds to Binance Hack by Acting Like Banks
The crypto industry has spent the past day congratulating itself for the speed with which stablecoin issuers and other parties froze portions of the roughly $6.3 billion that left Binance wallets in the largest crypto theft on record on Thursday.
Bakai Bank eyes early 2027 HK launch to tap Chinese yuan liquidity
Bakai Bank is targeting a commercial launch in Hong Kong early next year to leverage the city's offshore Chinese yuan liquidity, positioning itself to facilitate yuan-denominated cross-border trade as the currency becomes the primary settlement…
MTN Nigeria's Nine-Month Profit Rises 55.3% as Data Revenue Grows
MTN Nigeria Communications Plc's group profit after tax was N1.165 trillion for the nine months through Sept. 30, a 55.3% year-over-year increase as data revenue grew and net finance costs fell. Total revenue reached N4.613 trillion, an increase of…
Why gold has become a strategic asset for Indian investors
Updated - November 01, 2026 at 11:00 AM. For generations, gold in Indian households meant a bridal set in the bank locker or a coin gifted at a festival, held with reverence and rarely questioned. That relationship is being rewritten. In the March…
Promising Chinese Stocks To Watch Now - November 1st
Zoom Video Indicates Normalization Ends and Growth Resumes Diageo, UP Fintech, RBB Bancorp, Regencell Bioscience, Universe Pharmaceuticals, China SXT Pharmaceuticals, and Hf Foods Group are the seven Chinese stocks to watch today, according to…
Binance's $6.3bn hack raises questions over customer protection
A breach reported to be the largest crypto theft on record affected Binance.com (Photograph by Matt Slocum/AP) Binance says it will cover customer losses after a hack involving $6.3 billion in digital assets, but legal specialists are warning that…
I Never Thought It Would Happen To Me
I'm looking forward to moderating a discussion on “Building the AI File examiners will ask for” at Unit21's virtual AI Files event this Tuesday — after which I will, no doubt, obsessively watch election returns (if you haven't…
MercadoLibre, Inc. $MELI Position Trimmed by Sumitomo Mitsui Trust Group Inc.
Sumitomo Mitsui Trust Group Inc. decreased its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 1.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 169,750…
SEBI chief sets three conditions for Calcutta Stock Exchange revival
2 min read Kolkata Make us preferred source on Google Your feedback has been reported succesfully. The revival of the Calcutta Stock Exchange (CSE) will depend on its ability to attract sufficient trading volumes, build a sustainable business model…
Solex Energy eyes US market for global debut, plans module and cell projects
Sharing the rationale behind the move, he said Solex Energy is targeting the US market for expansion primarily to capitalise on the massive global demand for clean energy components while positioning itself as a reliable, cost-effective alternative…
Does Ripple Selling 1 Billion XRP a Month Lower the Price?
Ripple unlocked 1 billion XRP (CRYPTO:XRP) from its escrow today, but the XRP price barely budged. Escrow refers to time-locked contracts that hold tokens until a specified date. On-chain trackers reported that the release occurred at around…
![koreatimes.co.kr - Lee Yeon-woo - [COVER STORY] North Korea has every incentive to keep stealing crypto, analysts say](https://newsimg.koreatimes.co.kr/2026/11/01/6f81804c-939c-49ea-a08f-38ac3fb9e70e.jpg)
[COVER STORY] North Korea has every incentive to keep stealing crypto, analysts say
The $6.36 billion cryptocurrency heist targeting Binance has exposed a troubling reality for the digital asset industry: North Korea is increasingly exploiting security vulnerabilities to bankroll Pyongyang's military ambitions. The stolen amount…
AI investors hedge against losses amid tech stock selloff
Investor enthusiasm for artificial intelligence's potential to transform the global economy has fueled massive bets on the sector; however, growing concerns about a possible downturn are prompting investors to seek financial protection against…
BlackRock $BLK Shares Sold by Sumitomo Mitsui Trust Group Inc.
Sumitomo Mitsui Trust Group Inc. reduced its position in BlackRock (NYSE:BLK - Free Report) by 2.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 323,300 shares of the asset manager's stock after…
Receive a Daily briefing on Fintech Industry News
Get Started