Menu

Search

How fintech can help Indonesia's small and medium enterprises survive the COVID-19 pandemic

Nov 08, 2020 11:07 am UTC| Technology Fintech

In Indonesia Southeast Asias largest economy small and medium enterprises (SMEs) contribute to around 60% percent of the nations economy and absorb 97% of its domestic workforce. However, while there are more than 60...

Microfinance loans could spell disaster in the time of coronavirus

Jul 22, 2020 12:26 pm UTC| Fintech Economy

When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global attention. Microfinance...

South African banks need to do more to ensure financial inclusion

Jul 02, 2020 15:11 pm UTC| Economy Fintech

An analysis of financial inclusion in South Africa shows that affordability limits poor households access to formal financial services. In our study, which looked at peoples use of financial goods and services between 2008...

The price of AI art: Has the bubble burst?

Jan 07, 2020 15:33 pm UTC| Insights & Views Fintech

Last fall, an AI-generated portrait rocked the art world selling for a staggering US$432,500 at Christies auction house in New York. The portrait called Edmond de Belamy features a slightly out-of-focus man with no nose...

Blockchain Revolution Series

Digital Currency Revolution

Iran works on national blockchain platform and cryptocurrency

Aug 28, 2018 03:31 am UTC| Digital Currency Fintech

Iran is developing a national blockchain platform which will enable the country to build a money transfer network with its allies, an official at the Central Bank of Iran was recently quoted saying. Speaking during a...

Blockchain Revolution Series

BankSign: Samsung SDS announces blockchain-based co-verification platform for banks

Aug 27, 2018 10:58 am UTC| Digital Currency Fintech

Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, has developed a blockchain-based certification system, Yonhap News Agency reported. Dubbed BankSign, the platform has been set up in collaboration...

Blockchain Revolution Series

Reserve Bank of India sets up new blockchain and AI-focused unit

Aug 27, 2018 05:37 am UTC| Digital Currency Fintech

The Reserve Bank of India (RBI) has set up a new unit to ramp up its efforts in the area of blockchain technology and artificial intelligence, according to The Economic Times. Sources familiar with the latest...

1 2 3 4 5 6 7 8 9 10   

Economy

Japan leans on Asian LNG production to lower purchase costs

Japan will support Asian countries liquefied natural gas (LNG) production for use in power generation in the hope of reducing procurement costs for the energy source. The efforts to lower purchasing costs and ensure...

Biden addressing computer chip shortage via executive order

US President Joe Biden will sign an executive order addressing a global semiconductor chip shortage that has forced US automakers and other manufacturers to cut production. Biden will also discuss the chip shortage...

Best Buy: Employees to get pandemic-related bonuses ahead of the layoffs

Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Facebook reached a deal with Australia after code amendments and will restore news pages

Facebook announced it would be restoring the Australian news pages that it blocked on Monday, Feb.22. The decision resulted from the talks between Mark Zuckerberg and the Australian officials. Australians revised the...

Toshiba to collaborate with GE in producing wind power equipment

Toshiba Corp is in talks with US-based General Electric Co to jointly produce offshore wind power generation equipment, with a tie-up expected to be reached next month. The negotiations focused on the joint production...

Politics

Kamala Harris to reportedly prioritize cybersecurity and global health in foreign policy platform

Vice President Kamala Harris is slowly working on her foreign policy portfolio in her calls to world leaders and officials. Officials have revealed that Harris plans to put cybersecurity and global health at the forefront...

Nancy Pelosi speaks with Israel PM Benjamin Netanyahu about two-state solution

There may have been some possible tension between President Joe Biden and Israels Prime Minister Benjamin Netanyahu, but Netanyahus recent conversation with House Speaker Nancy Pelosi was more on the optimistic side....

Joe Biden nominates three experts to USPS governing board

Among the setbacks that were experienced during the campaign season in 2020 was the delay in the mail by USPS. President Joe Biden recently nominated three people to serve in the agencys governing board in a move to...

Joe Biden overturns Donald Trump's orders against 'anarchist' cities

Shortly after his inauguration, President Joe Biden has done a series of reversals of the policies imposed by his predecessor Donald Trump. Biden has recently made another reversal of Trump-era policies in the form of...

Science

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Pigs can play video games, scientists discover

Pigs might not be able to fly, but they can play video games. In a new study, researchers from Purdue University in Indiana, US have shown that pigs can use a digital screen and joystick, operated by their snout, to move a...

Einsteinium: 100 years after Einstein's Nobel Prize, researchers reveal chemical secrets of element that bears his name

A century ago, an upstart German physicist by the name of Albert Einstein turned the scientific world on its head with his discovery of the photoelectric effect, which proved light to be both a particle and a wave. Awarded...

New CRISPR technology could revolutionise gene therapy, offering new hope to people with genetic diseases

The day a muddled mob stormed the US Capitol building, a team of American researchers published a paper in Nature that signified a landmark in gene therapy. The head of the US National Institutes of Health, Francis...

In the rush for coronavirus information, unreviewed scientific papers are being publicized

COVID-19 has not only upended our personal lives, it has dramatically changed scientific research. In response to the rapid spread of the virus, scientists around the world have had to find new ways to collaborate and...

Technology

‘Watch Dogs Legion’ TU 3.1 update prepares the game for online multiplayer mode

Watch Dogs Legion players can now patch the game with the Title Update 3.1 as it delivers several bug fixes. It is also packed with important data that will prepare the game for the release of the much-awaited online...

Microsoft fixes Xbox Live outage after several hours

Xbox Live is one of the most important features to anyone using Xbox One and Xbox Live Series X/S consoles. However, many users found out on Thursday that they were unable to log in to their accounts. Xbox Live outage:...

‘Final Fantasy 16’ has several modes for action-oriented and story-focused gameplay

Many details about Final Fantasy 16 are still under wraps, but producer Naoki Yoshida had recently shared how the upcoming title is different than its predecessors. The developer also hinted at the game having something to...

‘Doom Eternal’ director says he already thought about adding a female Slayer

The Doom franchise has introduced many well-loved playable characters over the years, but id Software has yet to add a female Slayer. However, one of the developers recently revealed that they have considered the idea and...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.