The study highlighted that commodity ETFs accounted for a majority...
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Oil trading disputes deepen amid Iran war fallout
In some instances the disputes have arisen because producers cut...
Economy resilient but faces rising risks from Mideast war, government report says
The government said India remained a relative bright spot, with...
Stanchart launches health and wellness offerings for high- net-worth clients in partnership with Niva Bupa
Recognising the growing demand among Indian consumers for end-to-end healthcare support, the collaborations,in partnership with Niva Bupaand WHOOP, a fitness and health wearables company, span the entire healthcare journey - from preventive care and early diagnosis to...
Global risk environment: APAC will continue to face heightened crisis-related pressures in 2026
“The Asia Pacific region will continue to face heightened crisis-related pressures in 2026, shaped by sustained civil unrest, driven by economic pressures, political grievances and rising youth activism,” said Will Miller, Head of Crisis Management for Asia Pacific at...
Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures," the health ministry said in response to Reuters queries about the lobbying by Philip Morris adding...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...
South Korea crypto exchange Bithumb says system flaws led to $40 billion error
The country’s second-largest virtual asset exchange said it accidentally gave away about 620,000 bitcoins to customers during a promotional event, instead of 620,000 won ($426), triggering a 17% slump in bitcoin’s price. South Korea’s Bithumb said on Wednesday that...
Govt deliberates on roadmap for Financial Inclusion 2.0
M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...
Singapore’s 4 telecom companies targeted by cyber espionage group
Google-owned cyber security firm Mandiant has described UNC3886 as a “China-nexus espionage group” that has attacked defense, technology and telecommunications organizations in the United States and Asia. Singapore:Singapore’s four telecom companies, Singtel, StarHub,...
US insurance broker stocks pummeled on AI disruption fear
Insurify’s app uses ChatGPT to compare auto insurance rates using details about the vehicle, the client’s credit history, driving record and other inputs. The company said the app launched on Feb. 3. US insurance broker stocks were pummeled Monday as the launch of an...
AIIA signs MoU with GI Council to launch cashless ayurveda treatment across 32 insurance companies
The primary benefit of this MoU is the establishment of a cashless treatment facility that spans all 32 insurance companies under the General Insurance Council. This initiative is designed to substantially enhance patient access and affordability, expand Ayurveda's...
Parli Thermal Power Station asked to stop operation of 2 units for non-compliance of pollution norms
Parli Thermal Power Stations (PTPS) had not conducted the annual mandatory third-party safety audits of its ash dykes since 2019. The ash dyke areas were accessible to illegal excavators which can lead to serious environmental hazards, the letter said, adding that...