Finance

In a significant move that could redefine the entertainment landscape in China, iQiyi, the nation’s leading video streaming platform, has announced plans to launch its first fully-fledged theme park, dubbed “iQiyi Land,” in Yangzhou, Jiangsu province. This initiative represents an ambitious effort to respond to evolving consumer preferences as Chinese consumers increasingly prioritize experiences over
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In an era where financial stability seems increasingly elusive for many individuals and small businesses, New York Attorney General Letitia James has taken a monumental step to shield consumers from the predatory practices of various industries. Her announcement of the Fostering Affordability and Integrity through Reasonable Business Act, or the FAIR Business Practices Act, embodies
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The recent surge in Hong Kong’s stock market presents a striking narrative of investment dynamics and economic optimism from mainland China. With a record-breaking influx of net mainland buying reaching an astonishing 29.62 billion Hong Kong dollars ($3.81 billion), it signals that investors are not merely dabbling but are wholeheartedly confident in the future prospects
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Since stepping onto the national stage, former President Donald Trump has touted tariffs as the magic bullet for job creation, claiming they would “create jobs like we have never seen before.” However, the harsh reality contradicts his assertions. Economists have sounded the alarm, labeling these trade policies as a “lose-lose” scenario that threatens rather than
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In an unexpected turn during a recent press conference, China’s Minister of Foreign Affairs, Wang Yi, surprised many analysts with a call for a more cooperative approach to U.S.-China relations. With tensions between the two global powerhouses running high—marked notably by a series of aggressive tariffs introduced by the U.S.—Wang’s statements signal a noteworthy pivot
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In a world where financial markets are often dominated by the hyper-wealthy and institutional power players, the conversation around retail investors gaining more access to alternative investments, such as private credit, is gaining momentum. Companies like BondBloxx are pioneering this new frontier, advocating for equity in investment opportunities available to everyday investors. Yet, as seen
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In a world where the economic landscape can shift as rapidly as the political tides, Federal Reserve Chairman Jerome Powell’s latest pronouncement reflects a delicate balancing act. With President Donald Trump’s administration embarking on aggressive policy maneuvers that encompass trade tariffs, immigration reforms, fiscal policies, and regulatory changes, Powell asserts that the Federal Reserve must
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