Former vice president Atiku Abubakar might be having a tough time within the ADC as his strong allies have started dumping the party ahead of the 2027 elections.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. Another possibility is that a loss of trust in the stablecoin may ripple beyond the crypto world, hitting the assets that back these tokens.
A Taiwanese-made sea drone capable of carrying bombs skimmed across waters off the island Tuesday in a display of uncrewed surface vehicles that could boost its military firepower against China. High manufacturing costs from using non-China components made it "difficult for Taiwanese products to compete with Chinese-made products in the commercial market," DSET analysts said.
The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.
In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay for groceries. El Dorado's residents have limited access to banking services.
K-pop megaband BTS is back from military service, and their international fandom -- long known for its progressive activism -- is celebrating by rallying behind a cause: adoptees from South Korea. Almost all of BTS members have completed South Korea's mandatory military service, required of all men due to the country's military tensions with North Korea.
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles. But prices edged back up after Trump took to social media calling for the evacuation of the Iranian capital, which is home to nearly 10 million people.
The yen fell against the dollar ahead of a Bank of Japan decision Tuesday, with officials expected to hold interest rates steady but tweak their bond purchase policy.
Ecuador's state energy company said it stopped pumping oil through the country's main pipeline Monday due to a rupture in a section running through the Amazon. In a statement issued Monday night, the company said it doesn't immediately foresee shutting down oil wells.
US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States. Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app's US business.
Economy
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