November 11, 20240 Comments

German finance minister warns of retaliation if U.S. kicks off trade war

Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Ting Shen | Bloomberg | Getty Images German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation. “Trade controversy sees never

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November 11, 20240 Comments

China’s ultra-rich population growing faster than the U.S.: report

Staff members counting RMB cash deposited by customers in China’s Nantong city. Cfoto | Future Publishing | Getty Images The world’s super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners. The number of centimillionaires surged 54% worldwide over the past decade to 29,350, particularly in China and the U.S.,

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November 11, 20240 Comments

China’s J-35A stealth fighter is ‘black box’ despite splashy debut By Reuters

By Gerry Doyle SINGAPORE (Reuters) – China’s much-anticipated J-35A stealth aircraft, centrepiece of this week’s Zhuhai air show, has been more than a decade in the making, but experts say little is known about its capabilities. The first public appearance of the land-based J-35A will take place on Tuesday, a day after the 75th anniversary of the founding of the People’s Liberation Army Air Force (PLAAF), and will include a

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November 11, 20240 Comments

Bitcoin (BTC) Registers Fourth-Best Day of 2024 as BlackRock’s IBIT ETF Posts Record Volume

To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total. Source link

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November 11, 20240 Comments

SpaceX’s Polaris Dawn crew conducts first all-civilian spacewalk

In another SpaceX milestone, billionaire Jared Isaacman and company crew trainer Sarah Gillis took turns floating just outside their Crew Dragon capsule early Thursday in the first privately-financed spacewalk in the history of space exploration. As he took in his first unobstructed look at the Earth 458 miles below, Isaacman marveled at the serene, boundary-free view, saying “back at home, we all have a lot of work to do. But

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November 11, 20240 Comments

‘I Wish Bitcoin Was Back To $10 A Coin, But Wishing Has Never Made Poor People Richer’

Renowned investor and author Robert Kiyosaki has set a goal to acquire 100 Bitcoins by 2025, regardless of the cryptocurrency’s fluctuating price. What Happened: In a post on X, Kiyosaki shared that he currently holds 73 Bitcoins and is steadily increasing his holdings. He has mentioned that he does not wait for a price drop to invest, a mindset he equates with “a poor person.” He also said that his

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November 11, 20240 Comments

Singapore Airlines to add first class cabin for its longest flights

Singapore Airlines new business-class seats. Courtesy: Singapore Airlines Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The carrier will add the new seats to seven Airbus A350-900 URLs, or ultra-long-range aircraft that it uses for lengthy trips, including its longest, between New York and Singapore.

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November 11, 20240 Comments

Oil slips as US storm threat eases, China stimulus disappoints By Reuters

By Florence Tan SINGAPORE (Reuters) – Oil prices extended declines on Monday (NASDAQ:) as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus plan disappointed investors seeking fuel demand growth in the world’s No. 2 oil consumer. futures dropped 19 cents, or 0.3%, to $73.68 a barrel by 0104 GMT while U.S. West Texas Intermediate crude futures were at $70.13 a barrel, down 25

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