The central bank poured cold water on the claim that stablecoin can make cross-border remittances cheaper. A new study from Italy’s central bank challenges one of the crypto industry’s biggest selling points: that stablecoins can make cross-border remittances cheaper and faster than traditional payment networks. Banca d’Italia’s research examined remittance corridors involving Italy, Argentina, Brazil,…
Chip Motors plans to produce a four- or six-seat low-speed vehicle, which it is calling a “life utility vehicle, named Chip. Courtesy image The next big idea in the U.S. automotive industry may be small. A growing number of companies, including auto giant Stellantis, are betting Americans are ready to embrace smaller, less expensive vehicles…
XI’AN, CHINA – JULY 22: Wang Xingxing, founder of Unitree Robotics, speaks at the opening ceremony of the 2026 World Internet Conference Digital Silk Road Development Forum on July 22, 2026 in Xi’an, Shaanxi Province of China. Vcg | Visual China Group | Getty Images Humanoid robots may be a decade away from their “ChatGPT…
Home Awards Award Winners Best Sub-Custodian Banks 2026: Asia-Pacific Global Finance honors the financial institutions modernizing sub-custody. Asia-Pacific DBS BANK Ee Fong Soh, DBS Bank The winner in the Asia-Pacific region as well as the country winner in India, Indonesia, and Singapore is DBS Bank, reflecting the bank’s strong market leadership, consistent service quality, and deep…
If there was any worry that spending on artificial intelligence (AI) was finally set to slow down, it’s just been wiped away. Not only are big tech companies not dialing back their aggressive investments in AI infrastructure, but they’re ramping them up. Google parent Alphabet (GOOG -0.12%) (GOOGL -0.13%) recently raised its 2026 capital expenditure…