Toxic Substance in Children's Boot Over 680x LimitA children's boot sold on a Chinese online platform was found to contain a carcinogenic substance exceeding 680 times the standard limit.
Trudeau Takes Stand: Blocking Chinese EV Factories in CanadaCanada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Could Biden's Exit Crash Bitcoin to $50,000? Here's What Experts Think There's speculation that if President Joe Biden withdraws as the Democratic candidate, the price of Bitcoin will plummet.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Kim Jong Un Boasts North Korea's Economic Surge: Fact or Fiction?North Korean leader Kim Jong Un expressed confidence that North Korea's economy shows a "clear upward trend."
Fed's Powell hints at interest rate cuts, but adds more evidence neededFederal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.
Could Trump's Triumph Trigger Treasury Turmoil?U.S. Treasury bond yields significantly rose on July 1 (local time), the first day of the second half of the year. The forecast of a Republican overwhelm in the upcoming U.S. Presidential and mid-term Congressional elections on November 5 has boosted bond yields. As former Republican President Donald Trump has promised substantial tax cuts, the […]
IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor ArrivesAn IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores.
U.S. Election Jitters? Standard Chartered Diversifies to Ride the WaveStandard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
China's Appetite Shakes Up Global Fruit Prices: How China's Love for Durians Is Reshaping TradeThe popularity of durian has dramatically increased in China. Last year, Southeast Asian countries exported it worth $6.7 billion to China.
Nvidia Backs Lambda Labs in Massive $800 Million Capital BoostLambda Labs, a partner of Nvidia, is currently in talks to raise an additional $800 million, according to the Financial Times (FT) on June 29. Lambda, a cloud infrastructure startup, rents servers that utilize Nvidia’s AI graphics semiconductors (GPUs). This move aims to secure GPUs, which are currently in short supply, by leveraging the AI […]
France Takes Aim at Nvidia: Big Tech Battle Heats UpFrance is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
China Plans to End Discrimination Against Foreign CompaniesChina's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
Biden vs. Trump: Epic Showdown or Historic Disaster?President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
Chinese Communist Party Membership Soars: Surpassing 100 Million Milestone?Membership in the CCP grew by 1.2% over the previous year, putting it on track to exceed 100 million members by year-end.
Is America's National Security at Risk? Critical Shortage of Rare EarthsMany predict that the US may not have enough rare earth and precious metals to maintain national security and the base of major industries.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal DeficitThe International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress TestsMajor U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Toxic Substance in Children's Boot Over 680x Limit A children's boot sold on a Chinese online platform was found to contain a carcinogenic substance exceeding 680 times the standard limit.
Trudeau Takes Stand: Blocking Chinese EV Factories in Canada Canada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Could Biden's Exit Crash Bitcoin to $50,000? Here's What Experts Think There's speculation that if President Joe Biden withdraws as the Democratic candidate, the price of Bitcoin will plummet.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10% Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Kim Jong Un Boasts North Korea's Economic Surge: Fact or Fiction? North Korean leader Kim Jong Un expressed confidence that North Korea's economy shows a "clear upward trend."
Fed's Powell hints at interest rate cuts, but adds more evidence needed Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.
Could Trump's Triumph Trigger Treasury Turmoil? U.S. Treasury bond yields significantly rose on July 1 (local time), the first day of the second half of the year. The forecast of a Republican overwhelm in the upcoming U.S. Presidential and mid-term Congressional elections on November 5 has boosted bond yields. As former Republican President Donald Trump has promised substantial tax cuts, the […]
IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor Arrives An IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores.
U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave Standard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
China's Appetite Shakes Up Global Fruit Prices: How China's Love for Durians Is Reshaping Trade The popularity of durian has dramatically increased in China. Last year, Southeast Asian countries exported it worth $6.7 billion to China.
Nvidia Backs Lambda Labs in Massive $800 Million Capital Boost Lambda Labs, a partner of Nvidia, is currently in talks to raise an additional $800 million, according to the Financial Times (FT) on June 29. Lambda, a cloud infrastructure startup, rents servers that utilize Nvidia’s AI graphics semiconductors (GPUs). This move aims to secure GPUs, which are currently in short supply, by leveraging the AI […]
France Takes Aim at Nvidia: Big Tech Battle Heats Up France is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
China Plans to End Discrimination Against Foreign Companies China's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
Biden vs. Trump: Epic Showdown or Historic Disaster? President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
Chinese Communist Party Membership Soars: Surpassing 100 Million Milestone? Membership in the CCP grew by 1.2% over the previous year, putting it on track to exceed 100 million members by year-end.
Is America's National Security at Risk? Critical Shortage of Rare Earths Many predict that the US may not have enough rare earth and precious metals to maintain national security and the base of major industries.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal Deficit The International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035 The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress Tests Major U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
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