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Pakistan’s central bank is preparing to launch a pilot for a digital currency and is finalising legislation to regulate virtual assets, Governor Jameel Ahmad said on Wednesday, as the country ramped up efforts to modernise its financial system.Central banks globally are exploring the use of digital …
Overview of the scam hub in Cebu, Philippines In Cebu, Philippines, a scam call center ran a sophisticated $800,000 crypto fraud from the second floor of the Skyrise building in Cebu IT Park, using fake investment products like Quantum AI and Bitcoin Code. Leveraging the Philippines’ low labor cos…
Brazilian businessman Eike Batista, once the country's richest man, said a Gulf investor will soon announce a $500 million investment in his new project using modified sugarcane to ramp up production of sustainable fuels.The project, which had already secured $500 million from Sao Paulo-based privat…
Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Stocks gain after mild US inflation; yields buoyed by trade tensions * Oil slips amid macroeconomic con…