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Headlines
Iran War to Tip 15,000 More Firms into Insolvency, Allianz Warns
The Iran war will push more than 15,000 additional companies into insolvency worldwide over the next two years, with Asia absorbing more than half the hit, Allianz Trade has warned in a sharp upgrade to its Middle East risk…
Bank of Japan Set to Hold Rates Steady, with Iran War a Factor
The Bank of Japan heads into its two-day policy meeting next week with the prospects for a rate increase dimming as economic uncertainties remain high due in part to the conflict in the Middle East, the Japan Times reported. “We…
Europe’s Markets Watchdog Warns Cyber Threats Are Growing as AI Speeds Up Risks
The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that…