China's Elite Move to Japan: Dissatisfied with Regime, Wealthy Individuals Seek New LifeA 45-year-old Chinese man who once ran a metal trading business in China and relocated to Tokyo, Japan, in March. He changed his name to Tomo Hayashi and brought his family to Japan. Hayashi resides in a high-end coastal condo worth $650,000 and sends his two sons to a Japanese elementary school. Like Hayashi, it […]
Trump Dodges Financial Fallout: Pays $175 Million to Save AssetsReuters reported on the 1st (local time) that former U.S. President Donald Trump has posted a $175 million bond in the New York civil fraud case, preventing the seizure of his assets. On February 16th, Justice Arthur Engoron of the New York Manhattan District Court imposed a fine of $454 million, including interest, against Trump […]
China's Real Estate Struggles Deepen, Beijing Allows Home Purchases Through Sham DivorceRegulation of restricting home purchase for 3 years after divorceAttempting to encourage purchases by quietly abolishingChina’s January-February new home sales were 12.7% lower than in at the time of the pandemic China mired in a real estate slump and quietly removed a regulation that banned the purchase of new homes for three years after a […]
2nd Richest Man in China Faces Permanent Ban from Stock Market - Here's WhyXu Jiayin, the chairman of Evergrande who once rode the Chinese real estate boom to become the second-richest person in Asia, has fallen from grace as Chinese securities authorities permanently banned him from entering the stock market. Evergrande once became China’s second-largest real estate developer, but in 2021, it began defaulting on offshore bonds. It […]
Moody's Downgrades China's Vanke Amid Real Estate Sector ConcernsA construction site of Vanke in Shanghai, China. Reuters-Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the 11th (local time), Moody’s announced that it had downgraded Vanke’s rating from the lowest investment grade, Baa3, to the non-investment grade, […]
NVIDIA Surpasses Saudi Aramco to Become Third-Largest Company by Market CapAmid the boom in artificial intelligence (AI), NVIDIA, a semiconductor manufacturer, has surpassed Saudi Aramco, the world’s largest oil company, to become the world’s third-largest company by market capitalization. The only companies ahead of NVIDIA are Apple and Microsoft. According to Bloomberg, NVIDIA’s market cap on the 4th (local time) surpassed $2 trillion for the […]
Luxury Apartment's Dyson Hairdryer Thefts Stir Controversy: Gender Disparity in Sauna FacilitiesLuxury Apartment with Dyson InstallationsSeven Stolen from Women’s Sauna A luxurious apartment exists where Dyson, known for its high-end hairdryers, is available in the community facilities. However, it seems that the habits of the female residents of this apartment are not quite good. Recently, an online community posted a story titled “Apartment Sauna Community Facility […]
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China's Elite Move to Japan: Dissatisfied with Regime, Wealthy Individuals Seek New Life A 45-year-old Chinese man who once ran a metal trading business in China and relocated to Tokyo, Japan, in March. He changed his name to Tomo Hayashi and brought his family to Japan. Hayashi resides in a high-end coastal condo worth $650,000 and sends his two sons to a Japanese elementary school. Like Hayashi, it […]
Trump Dodges Financial Fallout: Pays $175 Million to Save Assets Reuters reported on the 1st (local time) that former U.S. President Donald Trump has posted a $175 million bond in the New York civil fraud case, preventing the seizure of his assets. On February 16th, Justice Arthur Engoron of the New York Manhattan District Court imposed a fine of $454 million, including interest, against Trump […]
China's Real Estate Struggles Deepen, Beijing Allows Home Purchases Through Sham Divorce Regulation of restricting home purchase for 3 years after divorceAttempting to encourage purchases by quietly abolishingChina’s January-February new home sales were 12.7% lower than in at the time of the pandemic China mired in a real estate slump and quietly removed a regulation that banned the purchase of new homes for three years after a […]
2nd Richest Man in China Faces Permanent Ban from Stock Market - Here's Why Xu Jiayin, the chairman of Evergrande who once rode the Chinese real estate boom to become the second-richest person in Asia, has fallen from grace as Chinese securities authorities permanently banned him from entering the stock market. Evergrande once became China’s second-largest real estate developer, but in 2021, it began defaulting on offshore bonds. It […]
Moody's Downgrades China's Vanke Amid Real Estate Sector Concerns A construction site of Vanke in Shanghai, China. Reuters-Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the 11th (local time), Moody’s announced that it had downgraded Vanke’s rating from the lowest investment grade, Baa3, to the non-investment grade, […]
NVIDIA Surpasses Saudi Aramco to Become Third-Largest Company by Market Cap Amid the boom in artificial intelligence (AI), NVIDIA, a semiconductor manufacturer, has surpassed Saudi Aramco, the world’s largest oil company, to become the world’s third-largest company by market capitalization. The only companies ahead of NVIDIA are Apple and Microsoft. According to Bloomberg, NVIDIA’s market cap on the 4th (local time) surpassed $2 trillion for the […]
Luxury Apartment's Dyson Hairdryer Thefts Stir Controversy: Gender Disparity in Sauna Facilities Luxury Apartment with Dyson InstallationsSeven Stolen from Women’s Sauna A luxurious apartment exists where Dyson, known for its high-end hairdryers, is available in the community facilities. However, it seems that the habits of the female residents of this apartment are not quite good. Recently, an online community posted a story titled “Apartment Sauna Community Facility […]
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