LONDON and SINGAPORE, July 8, 2025 /PRNewswire/ — Fast-growing fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Electronic Money Institution (EMI). This strategic milestone marks a major step in Finmo’s global expansion as it establishes the United Kingdom as a core operational hub for its…
US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. Analysts said the move shows that the mercurial American leader is using threats to…
Hong Kong-based Link Asset Management has said it is “streamlining a small number of roles and positions” as part of an efficiency drive in response to a “challenging operating environment” amid reports that the firm has been conducting lay-offs. Economists said the move by the firm, which owns 150 properties in Hong Kong, mainland China…
The UK has fully re-established relations with Syria 14 years after severing ties with the former government of Bashar al-Assad, MEE reported. Foreign Secretary David Lammy was photographed shaking hands with the country’s new leader Ahmed al-Sharaa in Damascus. “The UK is re-establishing diplomatic relations because it is in our interests to support the new…
Hong Kong-based Link Asset Management has said it is “streamlining a small number of roles and positions” as part of an efficiency drive in response to a “challenging operating environment” amid reports that the firm has been conducting lay-offs. Economists said the move by the firm, which owns 150 properties in Hong Kong, mainland China…
Through its Indo-Pacific Governance Fund and in partnership with the United Nations Development Program (UNDP), the United Kingdom (UK) is supporting academic collaboration between Mindanao State University (MSU) – Maguindanao and Indonesian universities to advance the Women, Peace and Security (WPS) agenda across Southeast Asia. A Philippine delegation including representatives from MSU – Maguindanao, Office…
Climate Commitment Surges: 96% of UK local authorities now have climate action plans—up from 58% in 2018—covering 59% of the population and 55% of national emissions. Investment Gap Widens: 333 local climate infrastructure projects worth £67 billion have been identified, but 48% of authorities cite budget constraints as the top barrier. Public Services at Risk:…
The FTSE 100 nosed back above 8,800 points this morning, gilt yields fell and the pound recovered some of its losses from yesterday’s flash sell-off. London’s premier index was up 33 points in morning trading, led by a 2.6 per cent rebound for Convatec, the wound-care specialist whose core US market has been rattled by…
Tesla reported a sharper-than-expected fall in second-quarter deliveries, as intense competition and a backlash against Elon Musk’s political activities hit global demand for its aging electric-vehicle lineup. Tesla said it delivered 384,122 vehicles globally in the second quarter, down 13.5 per cent from 443,956 units a year ago. Analysts expected Tesla to report deliveries of…
The government is expected to push ahead with a contentious plan to limit the amount of money that savers can put into cash Isas each year as part of efforts to revive Britain’s troubled stock market, Ben Martin writes. There has been speculation for months that Rachel Reeves, the chancellor, will reform the rules governing…