US banks have raised concerns over proposed Basel capital requirements that impose high risk weights on mortgage assets, particularly a 250% risk weight on mortgage servicing assets. These punitive measures persist despite regulators' attempts to boost mortgage lending. Banks argue that tailoring risk weights to loan-to-value ratios rather than applying uniform rates would better support mortgage activity. The outcome of this debate will impact banks' willingness to lend and the broader housing market.
The Digital 2027 report reveals that 3.24 billion people worldwide, or nearly 39% of the global population, actively use generative AI tools monthly, marking a 57.2% increase in one year. Social media users have grown to 5.81 billion, representing 69...
LEPAS, Chery Auto's premium new energy vehicle (NEV) brand, is entering the Middle East market in November 2026, debuting its full NEV lineup including the L8 PHEV in the UAE, Kuwait, Qatar, and other Gulf countries. This expansion follows LEPAS's gl...
AlphaPepe's crypto presale has raised over $3.1 million with more than 12,600 holders, showing strong retail demand before its public exchange debut. The project features a live AI-powered DEX called AlphaSwap and is led by an ex-Shibarium developer,...
The 2026 iCAUR International User Summit in Wuhu, China, introduced the new iCAUR V25, expanding the V-Series lineup alongside the V23 and V27. The event highlighted the brand's Future Classic Design philosophy, vehicle customization, and user co-cre...
Raydium recorded $192.2 million in 24-hour trading volume on October 7, 2026, overtaking PumpFun's PumpSwap, which had $185.0 million. This pushed Raydium to 8th place among global decentralized exchanges, up from 9th. Despite this daily win, PumpFun...
