India’s stock market has been abuzz, not just due to investor interest but primarily because of allegations against Madhabi Puri Buch, the chief of the Securities and Exchange Board of India (SEBI). The controversy erupted after Hindenburg Research, a U.S.-based… Read More ›
The rising demand from Chinese investors for offshore investments has led foreign banks and fund managers to struggle with limited outbound-investing quotas, despite recent selloffs in U.S. and Japanese markets. Firms utilizing China’s Qualified Domestic Institutional Investor (QDII) program are… Read More ›
The International Energy Agency (IEA) maintained its 2024 global oil demand growth forecast but adjusted its 2025 estimate downward, attributing the revision to the weakened Chinese economy. The IEA’s monthly report highlighted that China’s post-COVID economic surge has waned, significantly… Read More ›
Samsung Electronics’ largest workers’ union in South Korea announced on Tuesday that it would initiate a four-day strike starting Thursday, aimed at pressuring the company for higher wages and bonuses after negotiations with management failed in July. Lee Hyun-kuk, vice… Read More ›
The latest data reveals that advanced operating efficiencies in the U.S. shale sector are driving increased oil production without additional spending. This surge in output is set to influence global oil markets as OPEC prepares to unwind its output cuts… Read More ›
Phool dev Shahni, like his father and grandfather before him, once earned his livelihood by diving into 8-foot-deep muddy ponds to harvest makhana, or lotus seeds. “I used to dive in 7 to 8 feet of water for hours a… Read More ›
A U.S. court has mandated that bankrupt cryptocurrency exchange FTX pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission (CFTC) announced on Thursday. The ruling follows accusations that FTX lured customers with a false sense of… Read More ›
A recent study has uncovered a disturbing trend: a significant rise in the creation of AI-generated child sexual abuse material on the dark web. Research conducted by Anglia Ruskin University indicates a clear and growing demand for such content among… Read More ›
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