NATIONAL Australia Bank has created its own stablecoin pegged to the Australian dollar, a move that it says will help large institutional customers with transactions that use blockchain technology.
JAPAN’S finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday (Jan 23), just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt.
GOLDMAN Sachs’ asset management arm will significantly reduce the US$59 billion of alternative investments that weighed on the bank’s earnings, an executive told Reuters.
