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Economy Hustler Fund defaults hit Sh3 billion in nine months Tuesday August 22 2023 President William Ruto during the Launch of Hustler Fund at Green Park, Nairobi. PHOTO | PCS Borrowers on the State-backed financial inclusion…

Hacker groups affiliated with North Korea have become highly active in the digital asset space, relentlessly pilfering funds. Despite a decrease from the record-breaking numbers of 2022, the “hermit kingdom” has continued…

Rising interest rates have begun to bite UK companies, with a majority of businesses reporting the weakest output levels in eight months, according to a survey. A monthly business tracker, compiled by Lloyds, found that 13 of 14…

Jan Hatzios, an economist at Goldman Sachs, lowered the chances of a recession in the US to 20% from 25% previously."The potential for a US recession has decreased further as both recent data and persistent fundamentals point to rapid --…

© Reuters Investing.com - The US dollar rallied in early European trading hours on Friday, rebounding from 15-month lows as traders factored in the end of the Fed's rate hike cycle as inflation subsided. At 02:55 ET (06:55 GMT),…

A third consecutive week of positive inflows for digital assets has corrected nine previous weeks of market outflows, according to a report by CoinShares published July 10. This week's inflows were $136 million. Bitcoin (BTC) funds have…

© Reuters. FILE PHOTO - An investor looks at his mobile phone in front of a board displaying stock information at a brokerage office in Beijing, China January 2, 2020. REUTERS/Jason Lee/file photo NEW YORK/LONDON (Reuters) - Global…

money markets As investors made billions in the first six months of 2023 Monday, July 10, 2023 Lending to the Kenyan government and buying hard currency for investment purposes has provided the best returns for investors. file…

The combined value of spot and derivatives trading volumes on centralized exchanges (CEXs) jumped 14.2% for the first time in three months, to $2.71 trillion in June. The upside came amid a new wave of applications for bitcoin (BTC)…

A new survey by Binance Research, the research arm of the world's largest cryptocurrency exchange, found that most institutional investors are optimistic about the cryptocurrency outlook for the next 12 months. Binance…