The World Bank priced the world's first blockchain-operated debt instrument, termed bond-I, to raise A$110 million. It had picked Commonwealth Bank of Australia (CBA) as the sole arranger of the transaction earlier in the month.The two-year Australian-dollar Kangaroo bond is the first debt instrument to be created, allocated, transferred and managed through its life cycle using blockchain.The inve...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.