Finance/Venture

Shein Pushing for London IPO Launch Amid US Listing Hurdles

Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.


US Federal Judge Overturns $8 Cap on Late Credit Card Fees

US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8...

US Now Considers Sanctioning Chinese Banks Supporting Russia's Ukraine Invasion—Will This Work?

The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?..

Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%

Shares of Trump Media soared over 10% on Monday, reaching levels not seen since late March and boosting the net worth of former President Donald Trump to an all-time high...


Latest News

Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
Chubb Declines to Provide Donald Trump With $464 Million Appeal Bond in Civil Fraud Case After Backing E. Jean Carroll Bond
Chubb has declined to handle former President Donald Trump's $464 million bond that he now needs in his New York civil business fraud case.
Citigroup Sells Most Non-US Consumer Businesses as Its Biggest Overhaul Progresses
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
From Houston to the World: The Cannon's Blueprint for Building Thriving Startup Communities
The Cannon is a community dedicated to supporting innovators, entrepreneurs, small businesses, investors, and service providers. It aims to foster connections and provide resources to help individuals
Federal Reserve and European Central Bank Aim for Major Interest Rate Cuts in 2024, Says BIS Chief
Federal Reserve and European Central Bank are set for major interest rate cuts, with BIS Chief Carstens noting progress in addressing inflation while cautioning central bankers to remain vigilant.
SpaceX Reportedly Building $1.8 Billion Spy Satellite Network for US Intelligence
The "secret" SpaceX project involves a sophisticated network of surveillance or spy satellites for US intelligence, supported by a $1.8 billion contract with the NRO, aiming to improve national securi
Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million
The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.
Japan Expanding QR Code Payments Globally by 2025, Talks Underway in Southeast Asia
Japan's QR code payment expansion targets global adoption by 2025, aiming to streamline cross-border transactions and strengthen ties with Southeast Asia, countering China's influence.
Is The Rally Over? Bitcoin Crashes Overnight, Hits $67,000 from $72,000 High
Bitcoin plummeted overnight from $72,000 to $67,000, sparking concerns about the end of its rally. Experts cite varied factors, with divided opinions on its future trajectory.
Binance Labs Becomes Separate Company After Separating From Binance
Binance Labs is now a separate company after it cut its ties with Binance exchange.
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