Swift

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Singapore stablecoin issuer offers tips for Hong Kong counterparts

The issuer of XSGD – the only Singapore dollar-backed stablecoin and one of the world’s major non-US dollar stablecoins –…

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Despite dip in China’s exports to Russia, new deals show ‘room to grow’ amid US pressure

Despite a slowdown in automotive shipments from China to Russia, there is room for them to advance trade settled in…

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Exclusive | Justin Sun eyes ‘Swift’ system for virtual asset sector, praises Hong Kong crypto progress

Cryptocurrency entrepreneur Justin Sun says he is trying to establish the Tron blockchain, which he founded and launched in 2018,…

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Ant International and Standard Chartered partner on cross-border remittance service

Ant International, Standard Chartered Bank and the Swift system said on Wednesday they were collaborating on a global cross-border remittance…

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Opinion | As Trump targets Brics, Indonesia’s autonomy hangs in the balance

This month’s Brics summit in Rio de Janeiro, Brazil, marked a pivotal moment that reflects shifting global power dynamics. By…

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Chinese economist warns that financial sanctions could become new US-China battleground

A prominent Chinese economist has cautioned that financial sanctions and countermeasures could “become a new battleground” in China-US rivalry, while…

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Opinion | For central bankers, gold’s safe-haven status has never looked better

Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…

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PM Shehbaz orders swift implementation of FBR reforms

PM Shehbaz Sharif chairs a review meeting regarding FBR reforms in Islamabad on May 20, 2025. — PID Prime Minister…

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Opinion | China has a secret weapon in US trade war – the renminbi

The US’ “reciprocal tariffs” resemble an indiscriminate attack, hitting not only industrial nations like China and Japan but also highly…

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HKMA plans to launch US$13.7 billion facility to support yuan-settled international trade

The Hong Kong Monetary Authority (HKMA) said it would launch a 100 billion yuan (US$13.7 billion) funding facility at the…

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