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Global Finance
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- 1Ashu Sir Shares Essential Money Management Skills●Money Management Skills You Need to Know! | Ashu sir
An educational session on personal finance by Ashu Sir, a teacher associated with the Science and Fun Motivation channel, is drawing wide attention for explaining key money management skills. The talk covers practical approaches to budgeting, saving, and handling money wisely, resonating strongly with young students and viewers. It ranks among the most engaged-with personal finance items globally at the moment.
- 2Saudi Arabia's mBridge exit highlights de-dollarisation limits▼Opinion | Saudi Arabia’s mBridge exit shows the limits of financial de-dollarisation
Saudi Arabia has reportedly stepped back from Project mBridge, the central bank digital currency platform led by the Bank for International Settlements that aims to enable cross-border payments outside the dollar system. A South China Morning Post opinion column argues the move shows that de-dollarisation efforts face practical limits, as the dollar's dominance in trade and finance remains difficult to displace.
- 3Basel chief warns banking risks growing more interconnected●Basel chief says risks becoming more interconnected as international cooperation wanes
The head of the Basel Committee on Banking Supervision said financial risks are becoming increasingly interconnected across borders just as international cooperation between regulators is weakening. He cautioned that fragmented oversight could leave the global banking system less able to spot and contain emerging threats. Reuters and Yahoo Finance both carried the remarks, which are being closely watched by banking and regulatory circles.
- 4South Korea's Central Bank to Buy One Ton of Gold in December●South Korea's Central Bank Will Purchase 1 Ton of Gold in December.
The Bank of Korea plans to purchase one ton of gold in December, according to reports circulating in global financial media. The move would add to the central bank's gold reserves at a time when many monetary authorities worldwide have been steadily increasing their bullion holdings. Details on the price, financing, or the bank's broader reserve strategy have not been disclosed.
- 5
Gulf investors are increasingly looking toward Libya and Algeria as potential destinations for capital, according to Global Finance. The shift suggests interest in North African markets as Gulf funds and companies seek new opportunities beyond their traditional focus areas, with both countries offering untapped sectors for investment.