Category: Business

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Does Apple want to be a bank? The technology company may not have a banking licence but it has the financial firepower necessary to do the job. Free cash flow … Read More

Thousands of desperate depositors in China have been fighting for almost two months to recover their savings after a bank run that has raised concerns over the financial health of … Read More

One of the biggest US liquefied natural gas plants will be closed for at least three weeks after an explosion, dealing a blow to exports at a time when the … Read More

South Korean police and prosecutors are investigating Do Kwon’s Terraform Labs after the $40bn implosion of his tokens rattled the global crypto market. The Seoul Metropolitan Police Agency said it … Read More

Apple is making its biggest move yet into finance by offering loans directly to consumers for its new “buy now, pay later” product, taking on a role played in its … Read More

The Japanese yen fell to a new 20-year low against the dollar on Wednesday, pushed down by expectations that the Bank of Japan will defy global trends and keep monetary … Read More

Twitter has agreed to share a vast trove of data about the content on its platform with Elon Musk, after the billionaire entrepreneur threatened to abandon his $44bn acquisition of … Read More

The UN nuclear watchdog’s board of governors voted overwhelmingly on Wednesday in favour of a resolution criticising Iran for failing to co-operate sufficiently over its undeclared sites as tensions mount … Read More