News

Note: This section contains information in English only.
Wed, 05 Mar 2025 06:30:06 GMT

Bitcoin ATM sentenced to 4 year

A UK Bitcoin ATM operator was sentenced to 4 years in prison, marking the FCA's first such case.

Wed, 05 Mar 2025 03:30:06 GMT

Germany's central bank proposal for bigger spending

Germany's central bank proposed a reform to lift the debt cap, potentially giving the government an extra €220B for defense and investment, amid growth concerns.

Tue, 04 Mar 2025 21:30:03 GMT

Warren Buffett on tarrifs

Warren Buffett called tariffs "an act of war," warning they act as a tax on goods, raising prices for consumers.

Tue, 04 Mar 2025 18:30:03 GMT

TSMC to invest in the U.S

TSMC will invest $100B in U.S. manufacturing, including 3 chip plants and R&D in Arizona, creating 20,000-25,000 jobs and producing advanced AI chips.

Tue, 04 Mar 2025 15:30:03 GMT

Aramco cuts dividend

Aramco cuts its record dividend to ease financial stress, impacting Saudi Arabia's budget deficit.

Tue, 04 Mar 2025 12:30:03 GMT

Mercedes-Benz to buy-out staff

Mercedes-Benz reached a deal with its works council to offer buy-outs to staff, with compensation only if both the employee and company agree on contract termination.

Tue, 04 Mar 2025 09:30:04 GMT

China retaliates on tarrifs

China will impose up to 15% tariffs on U.S. farm products like chicken, pork, soy, and beef, starting March 10, in response to Trump's tariff hike on Chinese goods.

Tue, 04 Mar 2025 06:30:03 GMT

Brazil's bond yield rises

Brazil's 10-year government bond yields hit 15.27%, offering high returns compared to other emerging markets, driven by inflation and fiscal uncertainty.

Tue, 04 Mar 2025 03:30:03 GMT

Lumber might be tarrifed

Trump orders a new trade probe into U.S. lumber imports, possibly adding tariffs on Canadian and Mexican goods, amid broader tariff actions on various imports.

Mon, 03 Mar 2025 21:30:03 GMT

Trudeau to talk to King Charles

Trudeau's top priority in talks with King Charles is protecting Canada's sovereignty after Trump suggested making Canada the 51st U.S. state.

Mon, 03 Mar 2025 18:30:03 GMT

Swiss National Bank financial results

The Swiss National Bank posted a record profit of 80.7B francs in 2024, boosted by strong equity markets, rising gold prices, and a stronger U.S. dollar.

Mon, 03 Mar 2025 15:30:07 GMT

Trump Tariffs determined tommorow

U.S. Commerce Secretary Lutnick confirmed tariffs on Canada and Mexico will begin Tuesday, but President Trump will decide if they stay at the planned 25%.

Mon, 03 Mar 2025 12:30:04 GMT

JPMorgan invests in AI

JPMorgan Chase invested in FairPlay's $10M funding round. FairPlay uses AI to reduce algorithmic bias in lending through its "Fairness-as-a-Service" platform.

Mon, 03 Mar 2025 09:30:04 GMT

New U.S. Treasury to impose anti-money laundering law

The U.S. Treasury won't enforce penalties under the Corporate Transparency Act, which requires businesses to disclose their beneficial owners, citing legal challenges.

Mon, 03 Mar 2025 07:30:03 GMT

U.S. strategic reserve of bitcoin is on the way according to Trump

Trump announced on Truth Social that his executive order will create a U.S. strategic reserve of bitcoin, ether, XRP, Solana, and Cardano, boosting their market value.

Mon, 03 Mar 2025 03:30:04 GMT

Gross Domestic Product in the United States increases

U.S. GDP grew at 2.3% in Q4 2024, down from 3.1% in Q3, driven by higher consumer and government spending, offset by a decrease in investment.

Fri, 28 Feb 2025 21:30:05 GMT

Google starts layoff process

Google plans employee cuts in its People Operations and cloud units, offering voluntary buyouts to U.S. staff, as it focuses on AI infrastructure and cost-cutting.

Fri, 28 Feb 2025 18:30:08 GMT

A no-tariff deal between the UK and the U.S. is a possibility

Trump signals a potential UK-US trade deal with no tariffs, praising Starmer's efforts. Meanwhile, Trump plans 25% tariffs on Mexico, Canada, and 10% on China.

Fri, 28 Feb 2025 15:30:05 GMT

BoE comments on inflation risk

BoE's Ramsden calls for a gradual approach to rate cuts due to inflation risks and weak growth, but warns of sharper cuts if inflation exceeds targets.

Fri, 28 Feb 2025 12:30:04 GMT

Vietnam to collaborate with U.S

Vietnam agrees to support the repatriation of detained nationals and handle deportation requests to avoid U.S. tariffs and visa sanctions, protecting its export-driven economy.

Fri, 28 Feb 2025 09:30:03 GMT

China's banks lowering U.S. dollar deposit rates

China's banks are lowering U.S. dollar deposit rates to curb dollar hoarding and support the weakening yuan, as nearly $1 trillion in deposits have built up.

Fri, 28 Feb 2025 06:30:05 GMT

U.S. takes Chevron's license

The U.S. revoked Chevron's license to operate in Venezuela, potentially leading to new export deals. Other companies like Repsol and Eni also hold U.S. licenses.

Fri, 28 Feb 2025 03:30:02 GMT

Trade tensions rise

Trump is ramping up trade tensions with new tariff threats: 10% on China imports starting March 4, and 25% on EU, Canada, and Mexico starting April 2.

Thu, 27 Feb 2025 21:30:04 GMT

Hedge funds bet on Chinas property

Hedge funds are buying China property stocks at low prices, betting on a recovery. Positive signs, like rising home prices and China Vanke's recapitalization, fuel optimism.

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