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JPMorgan Adds Saudi Arabia to GBI-EM Index in January 2027

JPMorgan confirmed on April 23, 2026, that it will add Saudi Arabia to its benchmark Government Bond Index-Emerging Markets (GBI-EM) effective January 29, 2027, according to a note circulated by the New York-based bank. Saudi Arabia will be included with a 2.52 percent weighting, marking a
CryptoFrontier·18m ago

Fed Rate Cut Delayed to Late 2024, Reuters Survey Shows

According to a recent Reuters survey of economists conducted April 17-21, the Federal Reserve is expected to wait at least six more months before cutting interest rates in 2024. The postponement reflects inflationary pressures stemming from the Middle East war, which has lasted approximately two mon
CryptoFrontier·38m ago

IAEA warns North Korea nuclear arsenal 'moving quite fast'

The International Atomic Energy Agency (IAEA) director general Rafael Grossi warned on April 23, 2026, that North Korea's nuclear weapons programme is moving quickly and poses a growing threat to global stability, according to an interview published in The Telegraph. Grossi expressed concern that t
CryptoFrontier·58m ago

EU Firms Face Dual Compliance Burden as eIDAS 2.0 and AMLR Take Effect

European businesses are preparing for sustained operational strain as two major regulatory frameworks—eIDAS 2.0 and the Anti-Money Laundering Regulation (AMLR)—come into effect, forcing firms to support new European Digital Identity Wallets alongside existing national systems. Identity provider
CryptoFrontier·2h ago

LG Display Q1 Operating Profit Jumps 338% Despite Revenue Decline

LG Display announced on April 23 that first-quarter operating profit surged 338% to 146.7 billion won (US$99.8 million), marking its third consecutive quarterly profit, despite a 9% year-on-year revenue decline to 5.5 trillion won (US$3.76 billion), according to the company's earnings report.
CryptoFrontier·3h ago

Lenovo Opens AI Hub at Hong Kong-Shenzhen Tech Park

Lenovo opened an artificial intelligence innovation center on April 23 at the Hong Kong-Shenzhen Innovation and Technology Park, according to Xinhua. The move makes Lenovo one of the first large multinational technology companies to establish operations in the Hong Kong Park of the Innovation
CryptoFrontier·3h ago