With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
If you want to see IFRS in action, look no further than the estimated $100bn Xiaomi mega-IPO. The Chinese tech giant's growth in value can look like accumulated losses depending on your accounting standard.
Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.