Elon Musk confirmed postponement of his trip but expressed anticipation for visiting India later this year. Elon Musk, Tesla CEO, delayed his scheduled India trip due to “significant Tesla commitments,” …
World News
The Israel Defense Forces labeled Iran as the “primary state sponsor of terror,” The Israel Defense Forces labeled Iran as the “primary state sponsor of terror,” asserting readiness for “all …
Vietnam’s real estate mogul ensnared in country’s largest $12.5 billion corruption scandal dubbed ‘Blazing Furnace
Van Thinh Phat Holdings Group’s Chairwoman, Truong My Lan, faces the death penalty for her involvement in Vietnam‘s largest-ever $12.5 billion financial fraud. The crackdown on corruption, spearheaded by General …
Trading Halt as Chinese Cement Maker’s Shares Plummet 99% in 15 Minutes
A Chinese cement producer garnered attention as it halted stock trading Wednesday due to a rapid selloff, nearly erasing its entire market value in the last 15 minutes of the …
Sam Bankman-Fried convicted and sentenced to 25 years for multi-billion dollar FTX fraud
Sam Bankman-Fried, aged 32, receives a 25-year prison term for embezzling $8 billion from FTX clients. Judge Kaplan dismisses his claim of no losses. Convicted on seven fraud charges linked …
The last known valuation of Donald Trump’s majority stake in his media company was approximately USD6 billion. However, lock-up restrictions for six months may restrict him from selling or using …
Mumbai surpasses Beijing as Asia’s top city for billionaires , according to the Hurun Global Rich List 2024
Mumbai has surpassed Beijing as Asia’s billionaire hub, with 92 billionaires residing there. This underscores Mumbai’s rising stature as a center for wealth generation.
Maldives President Muizzu requests debt relief from India following the demand for the withdrawal of military personnel
Since assuming office as president last November, the pro-China leader of the Maldives has taken a tough stance toward India. Within hours of his inauguration, he demanded the repatriation of …
US Federal Reserve maintains current lending rate, officials project three rate cuts in the year ahead
On Wednesday, the US Federal Reserve kept the key lending rates steady at 5.25% – 5.50% for the fifth consecutive meeting following a two-day consultation by the Federal Open Market …
Standard Chartered predicts Bitcoin will hit $150,000 by the end of 2024 and $250,000 by the end of 2025
The bank’s analysis compares Bitcoin to the gold market, highlighting its potential to exceed predictions.