A retail central bank digital currency (CBDC) could facilitate interoperability and interlinking between the various entities that make up Hong Kong’s digital economy. However, the city-state’s central bank is still weighing whether the benefits of issuing one outweigh the risks. Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue delivered…

Federal law enforcement is on alert for any potential threats to the US Jewish community ahead of the start of the Passover holiday, FBI Director Christopher Wray told a group of nationwide security officials Wednesday. “We at the bureau remain particularly concerned that lone actors could target large gatherings, high profile…

This story appears in the Apr/May 2024 issue of Forbes Asia. Subscribe to Forbes Asia This story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. An AI-fueled boom drove up shares of Samsung Electronics, the crown jewel of the Samsung Group and the world’s…

The Senate voted on party lines to effectively end Alejandro Mayorkas’s impeachment trial.GOP Sen. Lisa Murkowski voted “present” on both votes.It caps off a months-long drama that helped spur one House Republican’s resignation. And just like that, it’s over.On Wednesday, Senate Democrats voted to declare as unconstitutional both articles of impeachment…

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The Justice Department is in the final stages of negotiating a settlement with sexual assault survivors of disgraced former USA Gymnastics team doctor Larry Nassar over the FBI’s initial failures in investigating the case, according to a person familiar with the negotiations. The settlement could result in tens of millions of dollars for the victims. More than 150 women and girls have alleged that Nassar sexually abused them over the course of 20 years, and more than a dozen survivors have filed claims against the government over its negligence in the investigation. CNN has reached out to a law firm representing the…

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