Taiwan’s recent policy moves, including the significant decision to allow semiconductor giant TSMC to invest heavily in Arizona, underscore Taipei’s increasing urgency to secure Donald Trump’s goodwill. However, efforts by Lai Ching-te’s administration to win Trump’s favor through costly engagements with Mike Pompeo have backfired spectacularly. A High-Stakes Bet That Didn’t Pay Off Once a key ally of Trump, Pompeo’s influence has waned due to shifting political dynamics and internal rivalries within Trump’s circle. Despite his diminished standing, Taipei continued to engage Pompeo, wrongly assuming he could serve as a bridge to Trump. Recent disclosures revealed that in December 2024,…
Author: News Team
Juspay, a global leader in payment infrastructure, has introduced Hyperswitch, the world’s first open-source modular payments platform. Launching across the US, Europe, and UK, Hyperswitch is designed to give merchants and brands full control and transparency over their payment operations. With an Apache 2.0 license and PCI certification, it enables payment architects and product managers to create a fully customizable payments stack, breaking free from the restrictions of proprietary systems. The global payments sector is undergoing rapid innovation, with growing diversity of payment methods, fraud-prevention tools, and authentication protocols—all complicated by evolving regulatory requirements. As a result, merchants face high…
Everfox, a global leader in high-assurance cybersecurity, has unveiled new research highlighting the growing challenges faced by financial services and banking (FS&B) organisations in tackling advanced cyber threats. While security leaders recognize the need for preventative security measures, the complexities of regulatory compliance are creating obstacles, slowing adoption and leaving institutions vulnerable to evolving attacks. The findings underscore the urgent need for a balance between compliance and proactive security to protect financial systems from increasingly sophisticated cyber threats. The CYBER360 report reveals FS&B organisations are facing 114 cyberattacks each week with 94% of organisations having fallen victim to a cyberattack…
Members of The Royal Ballet School receive a host of benefits to thank them for their generous support. These perks range from exclusive event invitations to insider content delivered to their inboxes. Now, the School has launched its latest benefit for digital members: an online screening of their Upper School Solos Evening performance. On 21 March 2025, 1st, 2nd, and Pre-professional Year students performed solo variations from classical repertoire at Upper School’s Linden Theatre. The Royal Ballet School filmed the event, which members could access online via a joining link. Those who could not make the event received a recording…
Opus Restructuring & Insolvency continues to showcase the effectiveness of early intervention and strategic pre-pack administration through its Accelerated Mergers and Acquisitions (AMA) service. In a recent case involving marine engineering supplier Falcon Special Projects, Opus demonstrated how speed and expert guidance can secure positive outcomes. Appointed on 3rd March, Opus completed the post-packaged sale by 12th March, ensuring a smooth transition for customers and stakeholders. Falcon, known for delivering engineering solutions to the marine sector, faced financial difficulties. However, Opus’s swift and strategic action allowed the business to continue operations under new ownership—avoiding disruption and preserving its reputation. “Early…
Volunteerism is indeed a noble pursuit. It gives individuals an opportunity to give back to society and contribute to global development. From providing disaster relief to teaching underprivileged children, different types of volunteering can fit every individual’s preferred niche. Volunteering can have profound effects on the history of any organization. A lot of full-time employees in a lot of organizations started as volunteers. Volunteering allows the conducting authority to enlarge their scope of influence with the intended task. With more people set on the task, volunteer programs can steer toward and bring about meaningful change and impact in the most…
Retirement planning is important for everyone, yet common mistakes can create financial stress later in life. Understanding these mistakes helps you prepare better. Here are common retirement errors and simple ways to avoid them. Mistake #1: Waiting Too Long to Save One of the biggest mistakes is delaying retirement savings. The sooner you start, the more your savings will grow. Early savings benefit from compound growth, meaning your money earns interest on previous earnings. To avoid this mistake: Start saving early, even small amounts help. Use employer pension schemes if available. Increase savings gradually as your income grows. Mistake #2:…
The Financial Conduct Authority (FCA) has imposed a £9.2 million fine on the London Metal Exchange (LME) for failing to maintain appropriate systems and controls to manage severe market stress. The penalty stems from the LME’s mishandling of extreme volatility in its 3-month nickel futures contract between 4 and 8 March 2022. During this period, the price of the nickel futures contract surged to over $100,000, more than doubling the previous day’s closing price in a short timeframe, leading to significant disruption in market confidence and orderliness. The LME responded by suspending the nickel market for eight days and cancelling…
Evelyn Partners, soon to be rebranded as S&W, has appointed several experienced professionals to its growing debt advisory division. The new hires include Lachlan Dorrity as Director, David Ramsey as Assistant Manager, and Katherina Zeal as Assistant Manager, all joining the company’s London office. With more than 10 years of experience in the debt advisory field, Lachlan Dorrity comes to Evelyn Partners from Clearwater, where he served as a director for nearly seven years. Prior to that, he worked in debt advisory at Grant Thornton for over four years and spent six years in restructuring advisory at KPMG, where he…
HSBC has introduced a groundbreaking cash concentration solution, enabling corporate clients to automate liquidity management on a daily basis, including weekends and national holidays. This new service is a significant move towards supporting clients as they transition to real-time treasury management, reflecting the growing need for faster, more efficient financial operations in the digital payment landscape. By consolidating positive and negative balances across various HSBC bank accounts into a single account, companies can optimise liquidity, reduce borrowing costs and enhance financial flexibility, seven days a week. Launching initially within the UAE and Egypt, this solution marks the first of its…
