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Romania: New President Promises Moderate Course
A collective sigh of relief rippled through EU capitals on May 18 when former Bucharest Mayor Nicuşor Dan secured an unexpectedly strong mandate in round two of Romania’s presidential elections, besting far-right opponent George Simion with 53.6% of the vote against 46.4%.
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Hong Kong: Pension Authority Warns Of US Debt Selloff
Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) instructed the city’s fund managers last month to prepare for possible fallout from Moody’s recent reduction of its US Treasury debt rating from Aaa to Aa1.
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Stock market today: Dow, S&P 500, Nasdaq edge higher after big ADP jobs miss
Activity in the services sector has fallen into contraction for the first time in a year. The Institute for Supply Management’s Services PMI registered a reading of 49.9 in May, below the 51.6 seen in April and lower than the increase to 52 economists had expected. Readings above 50 for this index indicate an…
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Development finance in a post-aid world: the case for country platforms
With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered a “post-aid era”. But there is an opportunity to recast development finance as strategic investment: “country platforms”. Country platforms are government-led, nationally owned mechanisms that bring together a…
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Zimpler becomes Certified Payment Institution in Brazil, strengthens local Open Finance ecosystem
A leading European payments fintech, the company has been granted authorization by Brazilian Central Bank, solidifying its business and structure in the country São Paulo, June 4 2025. – Zimpler, a leading Swedish company in Pay-by-bank solutions, has become a certified Payment Institution (PI) in Brazil, authorized by the Central Bank. Now Zimpler…
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Campaign finance reports shed light on the race for lieutenant governor
Alabama’s recent campaign finance reports for lieutenant governor filed with the Secretary of State’s office provide a clear picture of how candidates fund their efforts before the upcoming election. Each report follows the same disclosure requirements under the Fair Campaign Practices Act, and the numbers reflect differing sources of funding thus far, though it’s extremely…
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New transition finance playbook offer tips for financial institutions
It also considers current market realities such as a shortage of high-emitting companies with robust transition plans, the lack of high-quality and consistent metrics available to assess such plans, and no clear definition of what transition finance activity entails. “There is no universal approach to transition finance,” said Yingzhi Tang, one of the lead…
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Qualcomm CEO: We’re diversifying beyond declining Apple business
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, Amazon Music, YouTube or wherever you find your favorite podcasts. Qualcomm’s (QCOM) next 40 years will look different than its past four decades as it seeks to diversify into data centers and cash in on the AI gold rush. But that also likely means…
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Qualcomm CEO on AI bets and surviving beyond Apple
0:03 spk_0 Welcome to the opening bid podcast. I’m Yahoo Finance executive editor Brian Sazi. Of course, opening bid is sponsored by Vanguard. You’re gonna get a lot smarter on all things technology and AI because I got a very special guest here that it’s coming to me at the NASDAQ in Times Square on…
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Qualcomm CEO on AI bets and surviving beyond Apple
0:03 spk_0 Welcome to the opening bid podcast. I’m Yahoo Finance executive editor Brian Sazi. Of course, opening bid is sponsored by Vanguard. You’re gonna get a lot smarter on all things technology and AI because I got a very special guest here that it’s coming to me at the NASDAQ in Times Square on…