World

The recent surge in Bitcoin prices has been attributed to the increased chance of Donald Trump winning the U.S. presidential election, as suggested by betting markets. The value of Bitcoin hit a two-week high at $63,594.39, marking a 6% increase, according to CoinGecko. This rally comes in the wake of an assassination attempt on the

China, being the world’s largest producer and consumer of beer, is anticipated to witness a consumption recovery in the latter half of this year. CGS International has projected a boost in beer consumption in the second half of the year, favoring premium offerings, particularly due to sporting events. The decline in beer volumes experienced in

The defense ministry of Taiwan recently reported that they were closely monitoring a series of missile tests taking place in China’s Inner Mongolia region. This comes amidst increasing tensions between the two countries, with China regularly conducting military exercises around Taiwan. These missile tests, conducted by China’s Rocket Force, have put Taiwan’s air defense forces

The Dow Jones Industrial Average reached a new high this week, surpassing the 40,000 milestone as investors shifted their focus away from the technology sector. The Dow surged by 456 points, or 1.1%, driven by strong performances from Home Depot and Caterpillar. Home Depot saw a nearly 8% gain for the week, while Caterpillar added

The U.K. economy experienced a growth of 0.4% in May, surpassing the 0.2% forecasted by economists. This growth marks a significant improvement, especially after the economy flatlined in April. The services sector showed a growth of 0.3% in May, while production and construction also rebounded from losses, with a 0.2% and 1.9% rise, respectively. These

The Chinese exchange-traded funds (ETFs) have experienced a remarkable surge in growth over the past five years. According to Morningstar, the annual inflows to China ETFs have increased nearly fivefold in the last three years, reaching new highs consistently. In 2021, the total yearly inflows to Chinese ETFs amounted to 127.2 billion Chinese yuan, which

Barcelona, Spain, has been facing a significant issue with mass tourism, resulting in protests where activists have taken to the streets to express their frustrations. Recently, a group of angry protesters made their voices heard by throwing items and spraying travelers with water guns and canned drinks. The demonstrators were shouting “tourists go home,” highlighting

As Asia-Pacific markets opened on Monday, investors were met with a mixed bag of results. The uncertainty was palpable as they awaited key economic data from both the U.S. and China later in the week. Adding to the tension was the latest political development in France, where election results overnight signaled a hung parliament. France’s

When looking at the performance of Chinese stocks in the first half of the year, it is evident that many companies saw significant growth. While U.S. stocks are often the focus of Mainland China investors, some Chinese stocks have been outperforming expectations. For example, the top three performers in the CSI 300, which tracks the

As Hurricane Beryl moved into the Gulf of Mexico and took aim at the south Texas coast, officials issued disaster declarations and urged coastal residents to prepare for the impending storm. Beryl started off as a Category 2 hurricane as it hit Tulum and caused destruction in Mexico’s Yucatan Peninsula. Despite toppling trees, no injuries