SUI Group lends 6M SUI tokens to Bluefin Markets under an uncollateralized agreement, earning an 11% revenue share, but faces counterparty and liquidity risks with unclear revenue base compensation.
NBFC loans against gold jewellery grew 69.3% YoY to Rs 3.41 lakh crore by June 2026, outpacing overall retail loan growth of 20.3%, despite RBI's tightened regulatory framework for gold-backed lending.
China has transitioned from a net provider of funds to a net collector in Africa as large infrastructure loans reach maturity, with Beijing focusing on smaller, selective projects.
Hong Kong police arrested 25 people, including 13-year-olds, linked to a triad loan shark syndicate charging up to 282 per cent annual interest and laundering millions through personal accounts.
Campaigners are demanding a windfall tax on UK banks, estimated to raise £19bn, following HSBC's $10.1bn second-quarter profits. The funds could support cost of living initiatives, while banks face scrutiny over profit distribution and lending.
Coinbase's International Exchange institutional clients will migrate to Deribit on Sept. 9, transferring accounts, balances, and positions, with a mandatory opt-out deadline of Aug. 28.
Bank loans to India's technology infrastructure sector doubled in two years, reaching ₹53,859 crore by June, driven by data centers, GCCs and IT services, reflecting India’s rise as a global data hub.
Coinbase plans to migrate its International Exchange institutional accounts, balances, and positions to Deribit on Sept. 9, a process that will cancel open orders and recreate positions. Clients wishing to opt out must close accounts by Aug. 28.
As federal student loan limits tighten, states are expanding their own loan offerings. Consumer advocates warn these state-backed loans function more like private credit products, carrying varying interest rates, credit score requirements, and fewer federal protections, urging borrowers to proceed with caution.
Household loans at South Korea's five major banks significantly increased by 3.8 trillion won in July, reaching 778.8 trillion won. This rise, driven by mortgage and credit loans, occurred despite tight regulations, fueled by strong demand amid surging housing prices in Seoul and investors seeking bargains after a stock market drop.
A recent 9th Circuit Court ruling concludes a seven-year class-action lawsuit, Sweet v. McMahon, ensuring debt erasure for nearly half a million federal student loan borrowers defrauded by colleges. The settlement, the largest ever against the U.S. government, will provide over $23 billion in relief.
India's Akasa Air seeks $110M for expansion, while Malaysia's AirBorneo launches international service, both growing despite high jet fuel prices and Middle East conflict, signaling smaller Asian carriers' growth amidst larger airlines' capacity issues.
US Democrats, led by Reps. Khanna, Suozzi, and Dingell, introduced a bill to create an Industrial Bank for American Manufacturing. Funded by up to $15bn annually from China tariffs, it aims to revitalize domestic manufacturing, particularly in de-industrialized areas, supporting small and medium-sized businesses.
Grace Farris's graphic memoir, 'See One, Do One, Teach One,' offers an insightful, energetic look into the demanding journey of becoming a doctor, from medical school anxieties and impostor syndrome to the profound shift in perspective after experiencing patient care firsthand, using illustrations to demystify the process.
Luxury car maker Aston Martin has secured £550m in new loans to bolster its balance sheet and fund future product plans, following significant net losses of £493.2m last year and the announcement of 600 job cuts, primarily in the UK.
Charities criticize UK PM Andy Burnham's plan to fund cheaper bus fares by converting international climate grants into repayable loans, arguing it will burden global south countries with debt and undermine the UK's global standing.
In Hunsur, Karnataka, businessman Harisha, 39, allegedly killed his wife Nischitha, 37, and daughters Nikshitha, 14, and Raksha, 8, before dying by suicide. The incident, possibly linked to financial distress, was discovered Tuesday after a friend alerted police.
The Bank of England will no longer accept thermal coal-linked bonds as collateral for loans to commercial banks starting October, citing financial risks from the shift to net zero. Climate campaigners hail the move as a victory, hoping it pressures banks to divest from polluting assets.
Circle has received final OCC approval to establish Circle National Trust, a national trust bank. However, it cannot accept deposits, make loans, or offer retail banking services. Its primary function will be fiduciary digital-asset custody, with potential future expansion to institutional clients and USDC reserve management.
Questions are arising about the timing of a £5m gift to Nigel Farage and its declaration, alongside a £80,000 loan to Richard Tice, as Reform UK faces scrutiny over its finances and potential campaign funding issues.
Japanese lender CRYL has introduced Bitcoin-backed loans, allowing individuals and businesses to borrow up to 1 billion yen ($6.2 million) without selling their cryptocurrency. The loans feature annual rates of 3.5% to 7% and collateral ratios of 40% to 60%, expanding Japan's regulated crypto-financing market.
113 developing countries spent more on foreign debt servicing than education in 2025, according to a UN report. Global aid to education is predicted to decline by up to 30%, exacerbating austerity and underinvestment.
Multilateral lenders offer cheaper financing to developing countries, but it comes with reform conditions. Critics argue this extends lender influence over domestic policy, while supporters say it ensures funds are used effectively and reduces debt risks. Kenya's recent $750m World Bank package highlights this debate.
South Korean banks saw household loans increase by 7.6 trillion won in June, reaching 1,189.4 trillion won. This surge was driven by demand for mortgages due to rising housing transactions and interim payments, as well as increased stock market investment by individual investors.
