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China Opens $119 Billion Financing Programme As Investment Slump Puts Pressure On Growth
China has opened applications for an 800 billion yuan ($119 billion) policy-based financing programme for local government projects, stepping up efforts to revive investment...
Alibaba, Samsung Shares Slide as AI Spending Collides With Investor Demands for Returns
Alibaba and Samsung Electronics shares fell sharply on Monday as investors reacted to two very different consequences of the artificial intelligence boom: Alibaba's need...
Bitcoin Records Largest Weekly Gain Since March 2023, Surging Over 23%
Bitcoin has reportedly delivered its strongest weekly performance in more than three years, climbing more than 23% as the cryptocurrency broke out of a...
Fasset Raises $68 Million at $1 Billion Valuation as Stablecoin Banking Enters a New...
Fasset, a stablecoin-powered neobanking platform, has reached unicorn status after raising $68 million in a Series C funding round led by Japan’s SBI Group.
The...
Gold Hits $4,700 for the First Time in Three Months
Gold has returned to the spotlight after climbing to $4,700 an ounce for the first time in three months, underscoring renewed demand for the...