\It is worth remembering that investment prospects are not all pessimistic. Stock market valuations around the world have fallen since the beginning of the year, so at least some of the bad news about inflation, interest rates and slowing growth...
South America's Argentina has begun paying for Chinese imports in yuan, Reuters reported on the 26th (local time). The dollar hegemony is also faltering as yuan payments surpassed the dollar for the first time in China's foreign trade transactions in...
As China continued its attempt to shake its dollar hegemony, yuan payments surpassed the dollar for the first time in China's foreign trade transactions in March. Tthe yuan's payment ratio in external transactions stood at 48.4% last month, beating the...
BB&B, a leading meme stock in the U.S. stock market, eventually filed for bankruptcy protection on the 23rd (local time). BB&B issued a statement saying, "We eventually filed for bankruptcy protection due to financial difficulties," adding, "We will continue to...
Taiwan's TSMC, the world's largest semiconductor consignment producer, announced on the 20th that its net profit in the first quarter of this year rose 2.1% year-on-year to T$206.99 billion. According to the Central News Agency and Yonhap News Agency, TSMC...
Credit Suisse (CS), which was recently sold to UBS, has been found to have continued to support Americans' overseas tax evasion in violation of an agreement with U.S. law enforcement authorities. According to the Wall Street Journal (WSJ) on the...
As the U.S. Congress pushes for a total ban on TikTok, the "application (app) diplomatic war" is in full swing. Experts believe that the discussion of the TikTok ban is only the beginning and that the move to exit other...
Russia's central bank announced on the 17th that it will freeze its key interest rate at the current 7.50%. As the soaring inflation rate fell, it maintained its key interest rate for the fourth consecutive time. According to TASS News...
Asian stock markets plunged en masse due to the impact of the Silicon Valley Bank (SVB) bankruptcy. In particular, Korea's KOSPI recorded the largest drop. On the 14th, KOSPI of Korea, Nikkei of Japan, and ASX of Australia closed sharply...
Indonesia is pushing to relocate its capital to Nusantara due to overcrowding and rising sea levels. This is because 60% of the total population is concentrated on Java Island, where Jakarta, the current capital, is located, making it too economically...
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