China has rolled out a new set of e-commerce regulations aimed at controlling how its biggest online platforms compete, signalling a renewed push to stabilise a sector shaken by aggressive discounting and subsidy wars, said a Bloomberg report.The measures, unveiled on Wednesday, target business practices by major platforms that regulators…
Crypto mass adoption may be a matter of time as generational wealth shifts toward younger investors who are more open to digital assets, according to an executive at Galaxy Digital. The gradual transfer of wealth from older, more crypto-averse generations to younger, tech-savvy heirs could reshape investment preferences over the…
Mounting evidence, from easing inflation to a softening jobs market, suggests the Bank of England’s fight against price rises is nearing a conclusion, with financial experts now predicting a shift to rate cuts in March and June, though February is considered too soon for action.Despite the impending possibility of rate…
Elon Musk’s artificial intelligence start-up xAI has raised $20 billion in new funding in an upsized round that more than doubles its valuation since last spring, underscoring investors’ appetite for AI even as the company faces mounting criticism over the content generated by its technology.The company, which develops the Grok…
Fundraising for US venture-capital firms fell 35% in 2025, marking the weakest stretch in at least six years as investors pulled back and concentrated capital in a smaller number of established firms, according to a report by The Wall Street Journal.Data from PitchBook show venture firms raised $66 billion last…
I have lived in Venezuela for nearly thirty years, through blackouts, protests, shortages, and currency resets that have come to feel like the seasons — inevitable, cyclical, and beyond our control.But last weekend was unlike anything I have ever witnessed. It was a night that cleaved time into a before…
Japan’s top government spokesperson condemned China’s ban on exports of dual-use items as “absolutely unacceptable and deeply regrettable” on Wednesday, marking a significant escalation in the diplomatic dispute between Asia’s two largest economies.Dual-use items are defined as goods, software, or technologies possessing both civilian and military utility. A key example is…
Global markets moved cautiously in Asian trading as investors digested political upheaval in Venezuela, fresh trade tensions between Japan and China, and renewed rhetoric from Washington over Greenland. Oil prices extended losses, resource stocks diverged, and currencies held steady as traders looked ahead to key US economic data later this…
Chevron and private equity group Quantum Energy Partners are teaming up on a bid to acquire the international assets of sanctioned Russian oil producer Lukoil, Financial Times reported, citing people familiar with the matter. The assets are valued by Lukoil at around $22 billion and include oil and gas production,…
China has rolled out a new set of e-commerce regulations aimed at controlling how its biggest online platforms compete, signalling a renewed push to stabilise a sector shaken by aggressive discounting and subsidy wars, said a Bloomberg report.The measures, unveiled on Wednesday, target business practices by major platforms that regulators…