Business
Business
China AI Token Economy Expands Into Cards, Plans and Loans
GUANGZHOU, China: The China AI token economy is expanding into banking and telecom services as companies package tokens into credit-card…
US-Venezuela Oil Deal Gives Pentagon 35% Stake in NABEP
WASHINGTON, United States: Under the US-Venezuela oil deal, the Pentagon receives a 35% stake in a company controlled by billionaire…
Raast Money-Laundering Claim Rejected by SBP After FATF
KARACHI, Pakistan: The State Bank of Pakistan (SBP) rejected the Raast money-laundering claim, saying FATF had neither classified the instant-payment system…
US Jobs Report: Payrolls Rise 162,000, Jobless Rate 4.1%
WASHINGTON, D.C., United States: The US jobs report showed employers added 162,000 jobs in August. The unemployment rate remained unchanged…
UK Skilled Worker Rule Eases Job Curbs for Abuse Victims
The UK will allow certain Skilled Worker visa holders formally recognised as modern slavery victims to take other employment from…
Venezuela Energy Deals Bring $7B Chevron Investment
Venezuela's energy deals announced on September 2 include more than USD 7 billion in planned Chevron investment, a new Eni…
US Citizens in Canada Face 57% Investment Tax Risk
High-income US citizens in Canada could face effective marginal tax rates above 57% on investment income. This will happen after…
Yen Surge Holds at 158.88 as US Jobs Report Looms
The yen's surge left the Japanese currency at 158.88 per U.S. dollar on September 3, after a sudden 0.9% overnight…
Wall Street Rebound Lifts Dow 0.56%, S&P 500 0.46%
The Wall Street rebound lifted all three major U.S. indexes on September 2, with the Dow up 0.56%, the S&P…