Robots can outrun humans, but can they plug in a cable?

Seventeen major institutions sign on to test around-the-clock liquidity and instant global value transfer. Swift announced that its blockchain ledger is ready for initial use, enabling early adopter financial institutions to support cross-border payments around the clock using tokenized deposits. The global cooperative, known for its vast messaging network used by banks to move money,…

Fiber optic cables feed into switches inside a communications room at an office in London, UK, on Monday, Oct. 13, 2025. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A small power plant in the U.K. was shut down for four days in July following a cyberattack carried out by hackers…

To become a financial hub, the sultanate needs the infrastructure that a major custodian can provide. U.S. custody giant State Street is expanding into Oman, a vote of confidence in the Gulf’s smallest aspiring financial center. At the Oman Capital Market Conference in Muscat in early June, the bank signed an agreement with Riyadh-based Jadwa…

Today’s global imbalances, starting with China’s massive trade surplus, are not simply the result of poor macroeconomic coordination. Rather, they reflect long-term strategic thinking and a departure from the bias toward openness on which the postwar trade order was built. PARIS—Global imbalances are moving back to the top of the policy agenda, reflecting angst about…

Finance leaders are taking over operations—and the new COFO role isn’t a simple shortcut. There’s a new acronym roaming the C-suite. The so-called COFO — a hybrid chief operating and financial officer — is more common than ever, marking a structural shift in how companies are deciding who runs the business. But the combined role…

International buyers only bought about 67,000 homes in the U.S. over the last 12 months ending in March, a near-record low, according to the National Association of Realtors.