The atmosphere was electric as former President Donald Trump made his grand entrance into the Republican National Convention in Milwaukee. Despite wearing a bandage over his right ear, Trump seemed to be in good spirits, basking in the cheers and chants of the crowd. The audience erupted into repeated shouts of “Fight! Fight! Fight!” as
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Bitcoin soared to a two-week high in response to betting markets suggesting an increased likelihood of a victory for pro-crypto candidate Donald Trump in the U.S. presidential election. The cryptocurrency’s value surged by 6% to $63,594.39, according to data from CoinGecko. This rally comes on the heels of a shocking assassination attempt on the former
China, known as the world’s largest producer and consumer of beer, is expected to witness a significant recovery in beer consumption in the second half of this year. This recovery is anticipated to favor premium offerings due to various factors such as sporting events and warmer weather. The ongoing Euro 2024, upcoming Copa Americana, and
Recent developments have put Taiwan on high alert as reports emerge of China conducting multiple waves of missile tests in Inner Mongolia. The democratically governed island, which China claims as its own territory, remains vigilant in monitoring Chinese military activities, especially in light of Beijing’s aggressive maneuvers near its borders. Continuous Surveillance and Alertness Taiwan’s
The Dow Jones Industrial Average reached a new high, soaring above 40,000 points due to the gains in Home Depot and Caterpillar this week. Investors’ interest in stocks beyond the technology sector bull market leaders played a significant role in driving the market up. This surge was evident as the Dow added 456 points, or
Recent flash figures published by the Office for National Statistics have revealed that the U.K. economy grew by 0.4% in May. This growth exceeded the expectations of economists, who had forecasted a 0.2% expansion for the month. Following the announcement, the British pound surged to a four-month high against the U.S. dollar, reaching $1.2863. This
The Chinese exchange-traded funds market has experienced an unprecedented surge in inflows over the past five years, as reported by Morningstar. The annual inflows to China ETFs have nearly quintupled in the last three years, indicating a significant increase in investor interest and confidence in the Chinese market. According to data from the American financial
Barcelona, a city known for its vibrant culture, stunning architecture, and beautiful beaches, has been facing a crisis of overtourism in recent years. The issue came to a head on Saturday as protesters took to the streets of the Barceloneta neighborhood, hurling objects and spraying travelers with water guns and canned drinks. The chants of
The recent election results in France signaled a hung parliament, with the left-wing New Popular Front coalition clinching the largest number of seats but falling short of an absolute majority. This unexpected outcome has implications for the political landscape in France and may impact market sentiment in the region. Investors are awaiting the U.S. consumer
Mainland China investors these days are often focused on how well U.S. stocks are doing, while bemoaning the tepid performance at home. There are clear macroeconomic differences between the two markets, with hardly any major Chinese stock doubling in price this year like Nvidia has. However, a closer look at the first-half performance shows that