Why banks don"t diversify their foreign assets enough
A new paper links portfolio diversification and information production, explaining why banks concentrate their holdings of foreign assets......»»
Effective capital markets are needed to protect the climate
A new study investigates the role of effective capital markets for climate protection and the energy transition. Banks collect savings and make them available as loans and the greater the difference between savings and loan interest rates, the more i.....»»
In response to US sanctions, Chinese telecom providers have increased ratio of local servers used
With government departments paying more attention to internet security and trying hard to reduce the impact of US export sanctions, China has been encouraging government agencies, banks, and state-owned enterprises to expand the use of local informat.....»»
Timekettle Fluentalk T1 Translator Device review: Works well, but you already own an iPhone
The Timekettle Fluentalk T1 Translator Device is a well-built language translator that allows you to convert foreign text by verbalizing or photographing it — but you own an alternative already.Timekettle Fluentalk T1 Translator DeviceOne of the mo.....»»
How government guarantees give banking customers peace of mind and keep banks open
Spooked by volatile reports from the Silicon Valley Bank in early March, many customers panicked and withdrew their money, creating the largest bank failure since the 2007-2008 financial crisis. The problem—investors and customers lost confidence i.....»»
Cutting the cost of education alone is not enough to prevent dropout, finds research
Recently, the French Education Minister, Pap Ndiaye, announced a potential education reform that would require private schools to diversify their student population to maintain their public subsidies from the State. Although this state intervention i.....»»
First sea turtle nest of the season discovered on the Outer Banks
Just in time for Mother's Day, rangers at Cape Hatteras National Seashore found the first sea turtle nest of the season Friday morning on Ocracoke Island......»»
Flooding in Somalia displaces 200,000 people: official
Around 200,000 people have been displaced due to flash flooding in central Somalia, a regional official told AFP on Saturday, as the Shabelle River burst its banks and submerged roads......»»
Foreign carmakers slow in electrification would see high unused capacity in China
Major automakers based outside China, such as General Motors and Volkswagen, will likely lose market share in the world's largest car market with slower pace of electrification, according to Greenpeace. The situation is also projected to idle at leas.....»»
Infamous pharma company founded by Shkreli files for bankruptcy, blames Shkreli
Vyera will sell assets to cover debts. Enlarge / Martin Shkreli. (credit: Getty | Drew Angerer) The pharmaceutical company behind Martin Shkreli's infamous 4,000 percent price hike—now known as Vyera Pharmaceuticals—.....»»
DCI partners with DataVisor to help banks fight fraud
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card frau.....»»
Sovereign wealth fund a way to acquire key technology? Taiwanese central bank says no
The Taiwanese government has announced its policy to promote Taiwan as a center for high-end manufacturing and advanced semiconductor processes in Asia. However, key materials, equipment, and technology are still dominated by foreign companies from J.....»»
CISOs confront mounting obstacles in tracking cyber assets
Monitoring assets in ever-changing settings operating in both development and production stages presents challenges. In this Help Net Security video, Daniel Deeney, CEO at Paladin Cloud, discusses how companies face difficulties identifying security.....»»
Feedzai ScamPrevent protects bank customers from financial scams
Feedzai announced significant enhancements to its RiskOps Platform, enabling banks to better protect their customers from a wide variety of financial scams. These new Feedzai ScamPrevent capabilities deliver detection, classification, and interceptio.....»»
FBI disables Russian malware operation targeting foreign governments
The FBI has successfully disrupted a malware operation that allowed Russian spies to steal sensitive information from foreign governments over many years......»»
56,000+ cloud-based apps at risk of malware exfiltration
The technology sector had the highest number of malware-infected employees, most exposed corporate credentials and the majority of all stolen cookies, according to SpyCloud. Drawing on SpyCloud’s database of 400+ billion recaptured assets from.....»»
Banks warn of big increase in online scams
Barclays said 77% of scams are now happening on social media, online marketplaces and dating apps......»»
The Seabed Empire Funding Britain’s New King
The Crown Estate lays claim to vast ocean assets, allowing the royal family to cash in on the booming blue economy......»»
Apple set record for iPhone and services despite forex fluctuations
Despite the macroeconomic and industrial headwinds, including foreign exchange fluctuations, Apple's financial performance for the past quarter was still in line with expectations......»»
How CEO political leanings affect their international deals
Conservative CEOs are four times more likely than their liberal counterparts to acquire international firms rather than forge new alliances when entering foreign markets, according to new research. The same study finds that these political biases can.....»»
Around 80% of banks in Asia Pacific to increase technology budget, IDC finds
According to a recent IDC survey, Role of Technology in the Banking Industry, 83.2% of banks in Asia Pacific (not including Japan) will increase their technology budgets in 2023, with 14.8% signaling they will increase their budgets by 20% or more......»»