LND topic: african-development-bank page 1

african development bank

China’s Anti-Corruption Drive Hits Airline Boss

May 8, 2026

Liu Shaoyong, once the chief of China Eastern Airlines, faces serious bribery accusations. Authorities say he used several high‑ranking roles to favor others and pocket money and gifts. The case includes his time leading the airline, not just earlier positions. Earlier this month, China’s t

finance

Malaysian Bonds See Record Foreign Interest as Global Markets Shift

May 8, 2026

Foreign central banks and sovereign wealth funds have stepped up their purchases of Malaysian government bonds, pushing the country’s share of international holdings to a new peak. As of March, these institutions own 36 % of Malaysia’s outstanding notes, the highest percentage recorded since data c

finance

Building Africa’s Finance Brain: A New Plan for Growth

May 8, 2026

Africa faces a big gap between the money it needs and the money it can get. The problem is not just how much money is missing, but how it is organized. Right now, most of the continent’s savings stay in quick‑turn government debt instead of being used to build schools, roads or factories. What

politics

Cuba Faces Fuel Crisis as US Blockade Tightens

May 8, 2026

The United States has deepened its pressure on Cuba by threatening to impose tariffs on nations that supply the island with oil. This move, part of a broader strategy that began in 1960, aims to force the Cuban government into submission. Only Russia continues to deliver fuel, leaving Cuba’s power g

crypto

Morgan Stanley Takes on Crypto Trading

May 8, 2026

Morgan Stanley has started selling Bitcoin, Ethereum and Solana on its ETrade platform. The fee is 50 basis points per trade, which is lower than the 60–95 basis point spreads charged by other brokers. This move lets the bank offer crypto to its 8. 6 million customers without needing a separat

technology

Crypto and AI Join Forces to Power Machine Money

May 8, 2026

The crypto world is turning its attention from simple chatbots to the behind‑the‑scenes tools that let machines handle money on their own. A former Apple engineer and current leader of a large AI community explains that as software agents start making financial choices, they will need fast, progr

crypto

DeFi’s New Wave: AI and Big Banks Are Jumping In

May 8, 2026

Decentralized Finance is not fading; it’s finding its place in everyday banking, especially as artificial intelligence becomes more common. A recent conference in Miami highlighted this trend, with leaders from major crypto firms and investment groups sharing their views. They pointed out that

opinion

Crypto Rules: Stop Iran’s Digital Money Flow

May 8, 2026

The United States is vying for top spot in global finance, especially as digital money grows. Congress recently passed a law that gives the first solid rules for stablecoins, showing America wants to lead the crypto world instead of banning it. Now lawmakers are debating a new bill that would tig

finance

Massachusetts Pays $2 Million to Stop Unlicensed Loan Service

May 8, 2026

A company called Bridge IT Inc. , better known as Brigit, has been helping people manage loans in Massachusetts since 2021. It did this without first registering with the state, which is a legal requirement. The state’s banking regulator announced that Brigit will pay $1. 9 million to settle the

business

Fidelity’s Shift: 1, 000 Jobs Cut as Tech Teams Expand and Boston Staff Return

May 8, 2026

"Fidelity announced a plan to reduce its global staff by about 1 % – roughly 1, 000 positions – while simultaneously expanding its technology and product teams. The company says the cuts are part of a broader “evolved operating model” aimed at speeding up new product development, not at trimming cos

China’s Anti-Corruption Drive Hits Airline Boss

Malaysian Bonds See Record Foreign Interest as Global Markets Shift

Building Africa’s Finance Brain: A New Plan for Growth

Cuba Faces Fuel Crisis as US Blockade Tightens

Morgan Stanley Takes on Crypto Trading

Crypto and AI Join Forces to Power Machine Money

DeFi’s New Wave: AI and Big Banks Are Jumping In

Crypto Rules: Stop Iran’s Digital Money Flow

Massachusetts Pays $2 Million to Stop Unlicensed Loan Service

Fidelity’s Shift: 1, 000 Jobs Cut as Tech Teams Expand and Boston Staff Return

Massachusetts Pays $2 Million to Stop Unlicensed Loan Service