In an attempt to sustain high interest rates following years of unpredictable governance under President Tayyip Erdogan, American investment behemoths Pimco and Vanguard have recently
Category: WORLD NEWS
India’s antitrust watchdog accuses global logistics giants of price-fixing collusion
The Indian antitrust authorities are looking into claims of coordination on discounts and tariffs by domestic subsidiaries of international delivery corporations, including FedEx, United Parcel
U.S. bankruptcies rose by 18% in 2023 and may worsen in 2024, triggering recession fears.
Data released on Wednesday indicated that, even though the number of bankruptcy cases filed in the United States increased by 18% in 2023 due to
BlackRock, the world’s biggest asset manager, says bond ETFs will grow to $6 trillion in 2030.
As investors were drawn in by the greatest yields in decades, bond exchange-traded funds (ETFs) amassed an annual record of $300 billion in assets under
The US national debt reaches a record of $34 trillion, giving $100,000 per American citizen.
At more than $34 trillion, the federal government’s gross national debt has reached a record high that portends political and economic obstacles to improving America’s
US fintechs capitalize on high interest rates to offer Treasury bills and bonds to retail investors.
U.S. financial technology firms responsible for popularizing amateur stock trading,are venturing into fixed income to capitalize on the increasing interest of ordinary investors, spurred by
U.S. investors exhume confidence in a robust economy as Nvidia, driven by AI, achieved 239% up and a new high for the economy.
In 2023, investors were encouraged by reducing inflation, a robust economy, and the possibility of reduced interest rates. As a result, the S&P 500 ended
Google settles a $5b consumer lawsuit for allegedly spying on people using “incognito” mode in its internet browser.
Google has reached a settlement to resolve a $5 billion privacy lawsuit that claimed the company spied on users who tracked their internet activity using
US export control curbs to restrain China’s chip industry threatened by a startup.
A seasoned software executive from Silicon Valley took the lead last year on a firm in his home China, according to corporate documents. Prospective investors
Warren Buffett’s US toymakers given the nod to sue China’s Alibaba for the sale of allegedly fake Squishmallows.
A New York judge has ruled that Alibaba must respond to a case brought by a US toymaker who claims the Chinese e-commerce behemoth’s internet
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