Cryptocurrencies are volatile, and their crashes make headlines. But does a slump in digital coins ever spill over into the pounds, dollars and euros in people's bank accounts? The short answer is not directly, but indirectly it can, and regulators are increasingly worried about how.
Uzbekistan is moving into a new phase in the development of Islamic finance, with the country’s first Islamic banking licence issued shortly before a regional forum in Samarkand brought together industry players to discuss how the sector can expand across Central Asia.
Foreign direct investment in Georgia fell sharply in the second quarter of 2026, while China surged to become the country’s largest investor, highlighting Tbilisi’s deepening economic ties with Beijing as relations with the West remain strained.
Asian countries are seeking to unlock investment and ease cross-border financing as digital technologies transform financial markets, a key focus of the first CICA Finance Summit in Astana, attended by representatives from 16 member states.
Central Asia is emerging as a new market for fintech investment, with Uzbekistan and Kazakhstan leading the region’s push to attract venture capital, develop startups and build digital financial infrastructure.
Uzbekistan's region of Karakalpakstan is developing three cryptocurrency mining facilities and three data centers with a combined investment of $5.1 billion, as the region seeks to attract larger and higher-quality investments.
Central Asia is moving beyond experiments with digital assets as governments begin putting new forms of digital money into practice.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Uzbekistan has unveiled a sweeping package of business reforms, including easier access to loans, $1 billion in export support, a three-year moratorium on most inspections and stronger protections for entrepreneurs.
Uzbekistan is stepping up efforts to develop its Islamic finance sector, with policymakers, financial experts and industry leaders gathering in Tashkent to explore reforms aimed at attracting investment from the Middle East and Southeast Asia.
Da Afghanistan Bank, the country's central bank, has discussed expanding banking and trade relations with the Afghanistan–U.S. Joint Chamber of Commerce as the country seeks to strengthen financial services for traders and support private sector growth.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Global investors are showing early signs of diversification away from U.S. Treasuries as worldwide debt levels climbed to a record $353 trillion by the end of March of 2026, according to a new report from the Institute of International Finance (IIF) published on 6 May.
China is stepping up efforts to boost domestic spending and U.S. retail giant Walmart is expanding across the country to meet demand.
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Georgia is considering launching a development bank to boost key sectors of its economy, but the proposal has sparked debate over risks, transparency and the potential for costly mistakes.
The International Monetary Fund (IMF) approved an $8.1 billion, four-year Extended Fund Facility programme for Ukraine on Thursday, aimed at preserving macroeconomic and financial stability as the war with Russia continues into its fifth year.
French senators have approved the 2026 budget bill, but with amendments that are expected to worsen the fiscal deficit more than initially planned.
The world is facing a health financing emergency as global health investment risks falling to its lowest level in a decade, the World Health Organization (WHO) warned.
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
UK Finance Minister Rachel Reeves unveiled a major spending review on Wednesday, focusing on health, defence, and infrastructure to drive economic growth and restore confidence in the Labour government’s vision.
Germany's finance ministry is pushing forward with its 2025 and 2026 budget plans, focusing on fiscal savings while addressing security and economic challenges, according to a recent government document.
Azerbaijan has pledged $2 million to the Asian Development Fund, reinforcing its commitment to addressing climate change and supporting vulnerable nations in the region.
Markets tumbled Monday, with losses accelerating in the afternoon after President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico will take effect. Earlier in the session, stocks were already under pressure following a weaker-than-expected February report on a key manufact
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