South Africa’s largest short-term insurer, Santam, has secured regulatory approval to establish a reinsurance branch office at Gujarat International Finance Tec-City — widely known as GIFT City — marking a significant step in the company’s international expansion strategy. The development signals more than geographic diversification. It reflects the growing importance of India’s International Financial Services […]
Stablecoins are rapidly emerging as one of the most preferred digital assets in Kenya and across Africa, reshaping cross-border payments, settlement systems, and treasury management in ways that are increasingly difficult for regulators and banks to ignore. Unlike traditional cryptocurrencies that fluctuate wildly in value, stablecoins such as Tether (USDT) and USD Coin (USDC) are […]
Malaysia’s small and medium enterprises (SMEs) form the backbone of the national economy, contributing nearly 40% of gross domestic product and employing almost half of the country’s workforce. Against this backdrop, Allianz General Insurance Company (Malaysia) Berhad has unveiled a targeted initiative aimed at strengthening financial resilience among SMEs and enhancing protection for foreign workers. […]
Bitcoin fell as much as 5% on Monday, briefly dropping below the $65,000 mark, after U.S. President Donald Trump announced plans to raise global tariffs to 15%, up from the previously indicated 10%. The move injected fresh uncertainty into global markets and triggered a renewed risk-off rotation across asset classes. Although the world’s largest cryptocurrency […]
China is not staging a dramatic exit from US government debt — but it is clearly repositioning. Over more than a decade, Beijing has steadily reduced its holdings of US Treasuries. The shift has been quiet, methodical, and incremental. Yet the cumulative effect is substantial: China’s share of foreign-held US Treasuries has fallen to 7.3%, […]
In a development that signals a deeper convergence between traditional finance and digital assets, Binance, the world’s largest cryptocurrency exchange by trading volume, has partnered with asset management giant Franklin Templeton to introduce an institutional off-exchange collateral program powered by tokenized money market fund shares. The initiative, developed under a strategic collaboration announced in September […]
When a nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man with an annual premium of ₹2 lakh and a maturity year of 2124 it sounded implausible. It was not. The case surfaced in supervisory channels and drew the attention of the Reserve Bank of India (RBI), which in its February […]
Artificial intelligence has officially crossed a new threshold. For the first time, an AI system specifically AI voice agents can be insured against operational risk in a manner comparable to human employees. ElevenLabs, the fast-growing AI audio research and product company, has launched a new insurance policy designed specifically to cover the actions of AI […]
Blockchain data has revealed the sudden re-emergence of a long-dormant Ethereum whale, igniting fresh debate across the crypto market about intent, timing, and potential market impact. After nearly a decade of inactivity, a single Ethereum address transferred 50,000 ETH—worth approximately $145 million at prevailing market prices—to the Gemini exchange. The transaction immediately captured the attention […]
Indonesia’s cryptocurrency market is undergoing a quiet but significant transformation. While headline transaction values declined in 2025, the number of Indonesians participating in the crypto economy continued to rise sharply. The divergence between falling trading volumes and expanding investor participation suggests the country’s digital asset market is maturing, shifting away from short-term speculation toward longer-term […]
Kenya's government has raised Ksh.112.374 billion from the Initial Public Offering (IPO) of Kenya Pipeline Company (KPC), after the share...
The US dollar staged one of its most decisive geopolitical rallies in years this week, climbing broadly against the euro,...
Nigeria's maritime sector delivered one of its most impressive performances on record in 2025, with total cargo throughput, container volumes,...
Berlin- and Singapore-based venture capital platform GHARAGE Ventures has officially launched its first institutional fund, closing Fund I at €40...
