The Vietnamese government has taken a firm stance against Chinese online retailers Shein and Temu, announcing plans to block their internet domains and apps if they fail to register their operations with the Ministry of Industry and Trade by the end of November. This decision comes amid growing concerns about…...

In a historic surge, Bitcoin has surpassed the $81,000 mark for the first time, largely fueled by the election of Donald Trump as President and his expressed support for digital assets. This unexpected rally comes as Trump was declared the victor in Arizona, part of a broader sweep of seven…...

On Friday, China announced a substantial 10 trillion yuan (approximately $1.4 trillion) debt package aimed at alleviating the financial difficulties faced by local governments and bolstering the country’s slowing economic growth. While the initiative marks a significant response to local government financing pressures, it notably lacks direct economic stimulus measures…...

In recent statements, European Central Bank (ECB) policymaker Robert Holzmann indicated that while a cut in interest rates is conceivable for December, the final decision will hinge on upcoming economic data. Reflecting on previous actions, the ECB implemented its third rate cut of the year last month, and there is…...

Since Donald Trump’s election victory, hedge funds that maintained short positions against Tesla Inc. (TSLA) have faced considerable financial losses, totaling at least $5.2 billion. This staggering decline correlates with the growing rapport between President-elect Trump and Tesla’s CEO, Elon Musk. Recent analyses indicate a shift in hedge fund strategies…...

Many veterans transitioning into the world of entrepreneurship share the sentiment that while their military service armed them with essential mental skills for business, they face significant challenges in navigating the monetary aspects. As reported by the Small Business Administration (SBA), veterans—sometimes referred to as “vetrepreneurs”—own nearly 2 million small…...

Talabat, the Middle Eastern division of the Berlin-based food delivery giant Delivery Hero, is set to launch its initial public offering (IPO) on the Dubai Stock Exchange in mid-December. This IPO, which will see 15% of Talabat’s issued shares made available to the public, is anticipated to be one of…...

Donald Trump’s potential return to the Oval Office is anticipated to significantly impact student debt relief measures in the United States, based on his previous actions and statements made during his campaign. During his first term, Trump took decisive action to limit loan forgiveness for students who were misled by…...

The stock market experienced a significant rally following Donald Trump’s victory in the presidential election, with major indices achieving record highs. The Standard & Poor’s 500 Index and the Dow Jones Industrial Average reached unprecedented closing values, marking their best weekly performance since late October 2023. In particular, the Nasdaq…...

The content revolves around various significant global issues, ranging from climate change and pandemics to geopolitics and societal matters. As we enter an era where climate-related challenges dominate headlines, scientists have highlighted that the year 2024 is on track to be the hottest on record. This alarming trend is exacerbated…...

FTX has initiated legal proceedings against Anthony Scaramucci and his hedge fund, SkyBridge Capital, as part of a comprehensive strategy to recover funds for its creditors amid its bankruptcy. The suit is one of 23 filed concurrently in Delaware’s bankruptcy court, involving various defendants including the cryptocurrency exchange Crypto.com and…...