Treasury futures in China surged to all-time highs on Thursday, while long-dated rates just missed record lows as investors kept buying bonds despite the central bank’s constant cautions about risk. According to official figures, the assets of Chinese bond mutual… Read More ›
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US Prosecutors Suggests Filing Criminal Charges Against Boeing
US prosecutors have suggested that Boeing be charged criminally by the Department of Justice (DoJ). It comes after the Department of Justice said the manufacturer had broken a settlement over two deadly incidents involving its 737 Max aircraft, which claimed… Read More ›
Disappointing Number For Factory Output In China, Property Sector Still In A Slump
Beijing is under increased pressure to maintain development after China’s industrial production in May fell short of forecasts and the property sector’s slump did not appear to be abating despite policy support. Aside from retail sales that exceeded expectations because… Read More ›
Does Elon Musk Merit His $56 Billion Salary From Tesla?
It’s possible that Elon Musk may get his way once more. His Tesla pay plan, which has now received shareholder support, is worth up to $56 billion depending on the company’s share price. It accounts for almost 25% of the… Read More ›
Ghana Will Postpone Further Supplies Of Cocoa As The Shortage Deepens
The prognosis for the global chocolate market continues to deteriorate as Ghana, the second-largest producer of cocoa in the world, is considering delaying the delivery of up to 350,000 tonnes of beans until the next season as a result of… Read More ›
Weight-Loss Medications Are Becoming More Popular In China
In China, Ozempic is a huge company. The diabetic medication was sold in the nation twice as much by the Danish pharmaceutical behemoth Novo Nordisk last year, for a total of about $700 million, or 5% of Ozempic’s worldwide sales…. Read More ›
Banks Claim Using AI More And More In Big Tech Poses New Concerns
According to European banking executives, the rise in artificial intelligence will make banks more reliant on large US tech companies, posing new threats to the sector. Since the release of OpenAI’s popular chatbot ChatGPT in late 2022, banks have been… Read More ›
Wall Street Is Reeling From Indian Prime Minister Narendra Modi’s Election Results
Business executives in the United States are frantically making calls in an attempt to better comprehend the impact that Modi’s party’s inability to gain a supermajority would have on India’s economy and investment environment. This is a devastating electoral loss for… Read More ›
According To A Global Poll, Staff Members Were Cautioned Against Using Whistleblower Hotlines
According to a global EY survey, more than half of whistleblowers have experienced pressure not to utilise internal hotlines to report suspicious activity at major international corporations and government agencies. Since a previous poll in 2022, the number of firms… Read More ›
Platforms For “Re-Staking” Cryptocurrency Are Growing As Traders Seek Greater Profits
More than $18 billion worth of cryptocurrency has been transferred to a new kind of platform that pays investors for locking up their tokens. Analysts worry that this intricate plan puts consumers and the cryptocurrency market at danger. As cryptocurrency… Read More ›