Guotai Haitong Securities Asset Management was fined 52.5 million yuan by the State Administration of Foreign Exchange for breaching rules governing the QDII program and failing to report cross-border transactions between 2019 and 2022.
The National Financial Regulatory Administration has signaled support for mainland Chinese insurance funds to invest in Hong Kong-listed ETFs via Stock Connect, a move expected to increase market liquidity and diversify investment strategies for insurers.
Director Pedro Almodóvar discusses his 24th film, 'Bitter Christmas', a meta-commentary on autofiction. He reflects on his career, his public criticism of Netflix, his views on the EU and Donald Trump, and his refusal to retire despite health challenges.
Geopolitical risks are now central to private equity dealmaking in India, shifting focus toward supply-chain resilience and operational stability. Despite global uncertainties, India remains a key destination for capital due to its market scale and policy support.
Die AfD bereitet sich intensiv auf eine mögliche Regierungsübernahme bei der Landtagswahl in Sachsen-Anhalt vor. Mit eigenen Akademien, einem Personalpool und fachlicher Beratung durch die österreichische FPÖ will die Partei Verwaltungsstrukturen und Ministerien besetzen.
China rejected a White House report accusing its exporters of routing goods through Mexico to avoid US tariffs, calling it protectionist and detached from facts.
Adit Singh, known for early investments in Cerebras, has joined the venture capital firm Mayfield as an infrastructure partner to focus on hardware, semiconductors, and physical AI.
Südkorea schickt erstmals ein Handelsschiff durch die arktische Nordostpassage, um die Fahrzeit nach Europa zu verkürzen. Die dafür notwendige Abstimmung mit Russland sorgt bei westlichen Partnern für Sorge und Kritik.
Brazil will invest 2.3 billion reais ($444.2m) to bolster its AI ecosystem, partnering with Chinese firms Huawei and iFlytek while expecting US chipmaker Nvidia to win a separate tender, balancing ties between both superpowers.
The Qatar Football Association criticized the Asian Football Confederation for failing to consult members before signing an open letter attacking FIFA president Gianni Infantino.
China's economic model defies Western categorization as 'communist' due to its blend of market mechanisms, state control over strategic assets, and prioritization of long-term goals like infrastructure and social stability, challenging the assumption that capitalism and public purpose are inherently conflicting.
South Korean Industry Minister Kim Jung-kwan announced significant progress in investment talks with the U.S. following meetings with Commerce Secretary Howard Lutnick. Discussions centered on energy projects, with a final agreement expected to be announced in September.
NewNew Shipping Line CEO Ke Jin announced plans to invest in Murmansk port infrastructure to support new large-tonnage vessels. The company, which recently launched Arctic trade routes, aims to begin regular operations by late October.
Berkshire Hathaway has acquired an indirect 0.04% stake in SpaceX, valued at approximately $700 million to $800 million, through its 0.9% ownership of Alphabet. Despite Elon Musk's history of inviting Buffett to invest, no direct stake has been established.
The U.S. Treasury Department has released proposed guidance for 'Trump Account' 530A child savings accounts, mandating low-cost, broad-market index fund investments to maximize long-term compound growth and minimize fees for families.
Indian fintech Navi, founded by Sachin Bansal, has secured $100 million in institutional funding from Prosus. The investment values the company at $1.3 billion as it eyes a potential ₹30 billion IPO following previous attempts to go public.
Die US-Staatsverschuldung ist innerhalb eines Jahres um 2,9 Billionen US-Dollar gestiegen. Experten führen dies auf Zinspolitik, Sozialausgaben und Pandemie-Folgen zurück. Das Haushaltsdefizit allein im Juli betrug 432 Milliarden Dollar, was die Zinslast massiv erhöht.
Fans' groups worldwide have launched a petition on change.org demanding the resignation of FIFA president Gianni Infantino. The move follows accusations of deception regarding secret plans to secure private investment for World Cup tournaments.
Andy Burnham's pledge to end rough sleeping faces widespread scepticism from homeless individuals and charity workers in London, who cite a lack of long-term housing solutions and the complexity of addressing underlying issues like mental health and addiction.
Medicinakuten i Köping bytte namn till Närakut och stängde nattetid under hösten 2024. Oppositionen (S, V, C) lovar att riva upp beslutet vid vinst i regionvalet, medan majoriteten (M, KD, L, SD) betonar behovet av att hushålla med personalresurser.
Die US-Staatsverschuldung hat erstmals die Marke von 40 Billionen Dollar überschritten. Experten warnen vor der Geschwindigkeit des Anstiegs, getrieben durch Zinskosten, Sozialausgaben und die aktuelle Zollpolitik.
Malaysian Prime Minister Anwar Ibrahim stated in an Al Jazeera interview that he views Taiwan as part of China, while observers note potential trade-offs for future hi-tech investments.
Prime Minister Andy Burnham announced £100m in winter funding to tackle rough sleeping in England by Christmas, calling on wider society and faith groups to support a nationwide effort.
Coinbase's Base network is narrowing its $1 million startup accelerator to 10 teams for Base Batches 004, offering $100,000 upfront to pre-seed startups focusing on AI agents, payments, and trading.
