Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
A ‘greenwashing’ crackdown in Europe hasn’t gone down well. Here’s what you need to know
The EU says it is hoping to provide more clarity to consumers so that when a product is sold as green, they can trust that it is environmentally friendly.
CNBC Daily Open: Janet Yellen changed the mood — again
The federal government is prepared to take additional actions if warranted, U.S. Treasury Secretary Janet Yellen said.
China and U.S. tensions grow over guided-missile destroyer in South China Sea
It was the second straight day of a stand-off between the two super powers amid growing tensions in the South China Sea.
The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right?
Swiss authorities placed a heavy emphasis on the role of U.S. regional banking collapses in pushing Credit Suisse to the brink.
China is a ‘relative safe haven’ in the face of global banking stress, Citi economists say
The turmoil in the banking sector seen in the U.S. and Europe has highlighted China as a “relative safe haven” this year, Citi said in a note.
Estonia says China’s peace plan to end Ukraine’s war is ‘extremely unfair’
Beijing sought to position itself as a peace broker between Russia and Ukraine and issued a 12-point peace plan in February.
India’s travel industry may not overtake China soon but there are still ‘massive’ opportunities
India is ramping up spending on its aviation industry by billions of dollars, but its outbound travel market is unlikely to overtake China’s anytime soon.
U.S. contractor killed, five service members and contractor wounded in suicide drone strike in Syria
The U.S. retaliated with airstrikes on targets linked to Iran’s Islamic Revolutionary Guard Corps in the area, according to Defense Secretary Austin.
Why business is like baseball, according to this Japanese CEO
If Japan’s third title at the World Baseball Classic is anything to go by, the strategy is certainly effective.
