High healthcare costs are encouraging households in China to save rather than spend, according to a new International Monetary Fund (IMF) book that identifies limited social spending and financial insecurity as barriers
Response: The following story published on March 16, we stated that Hansjörg Wyss’s money “has helped elect prominent Democrats, including Senators Raphael Warnock and Jon Ossoff in Georgia, Governors Gavin Newsom (California)
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The price of gold has soared beyond $3,000 an ounce for the first time in history, as escalating trade tensions and growing economic uncertainty drive investors toward the precious metal. Gold’s historic
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What began as a grassroots protest movement against Elon Musk and his influence over American politics has escalated into a wave of violent attacks targeting Tesla showrooms, charging stations, and even individual
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Hong Kong-based conglomerate CK Hutchison saw its shares plummet more than 6% on Friday after China strongly criticized its $22.8 billion deal with US asset manager BlackRock for the sale of its
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Global trade entered 2025 on stable footing, but mounting challenges could disrupt future growth. According to the latest Global Trade Update from UN Trade and Development (UNCTAD), shifting trade strategies, protectionism, and
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AIA Group, the largest insurer in the Asia-Pacific region, reported a record-breaking financial performance in 2024, driven by a surge in new business from Hong Kong and Southeast Asia. The company’s net
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India’s fifth-largest private lender, IndusInd Bank, is facing increasing scrutiny following a series of red flags that have rattled investors and regulators alike. As reported by the Financial Times, the crisis was
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India has taken a significant step toward energy security by passing new legislation aimed at boosting oil and gas exploration. The move, endorsed by Oil Minister Hardeep Singh Puri, amends a 1948
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The Trump family is reportedly in talks to acquire a stake in Binance’s US branch, a move that could facilitate the exchange’s return to the American market. According to a report by
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U.S. President Donald Trump has threatened to impose a 200% retaliatory tariff on alcohol imports from the European Union unless the bloc removes its tariff on American whiskey. The announcement, made on
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Boston Metal, a pioneering green-steel startup, has taken a significant step toward revolutionizing the steel industry by successfully running its largest reactor yet. The company’s process, which uses electricity rather than coal-based
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Belgian police have raided the offices of Chinese telecommunications giant Huawei as part of an extensive investigation into alleged corruption involving members of the European Parliament. The probe, initiated by Belgian intelligence
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Swiss pharmaceutical giant Roche has signed the largest obesity drug licensing deal in history, agreeing to a $5.3 billion collaboration with Danish biotech Zealand Pharma to develop a next-generation weight-loss treatment. The
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Scopely, the Saudi-owned mobile gaming giant behind Monopoly Go!, has struck a $3.5 billion deal to acquire Pokémon Go and several other games from Niantic, as the San Francisco-based developer pivots toward
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Sir Richard Branson has expressed his strong desire to launch Virgin Galactic spaceflights from UK soil, a move that has been met with enthusiasm by Spaceport Cornwall officials. Currently operating from New
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