Alibaba Will Invest in “Common Prosperity” Initiatives Technology

Alibaba Will Invest in “Common Prosperity” Initiatives 

The Chinese e-commerce giant will invest 100 billion yuan ($15.5 billion) over the next several years into “common prosperity” initiatives.…

Gold May Fall Despite Dismal PayrollsCommodities

Gold May Fall Despite Dismal Payrolls

Gold prices edged higher after the Jackson Hole symposium. The U.S. Federal Reserve Chair Jerome Powell managed to separate the…

Beijing City Govt on Taking Didi Under State ControlEconomy

Beijing City Govt on Taking Didi Under State Control

The Beijing city government is looking to take Didi Global under state control. It has proposed making an investment in…

Nikkei 225 Index Surges as PM Suga Bows Out in the ElectionNews

Nikkei 225 Index Surges as PM Suga Bows Out in the Election

On Friday, the Nikkei 225 index jumped after the Japanese Prime Minister Yoshihide Suga bowed out in the upcoming leadership…

DARTs Show 24% Annual Increase from Interactive BrokersBroker News

DARTs Show 24% Annual Increase from Interactive Brokers

The client accounts in the US-listed brokerage reported a noticeable increase in August. During Wednesday’s August 2021 brokerage monthly data…

USD Exchange Rate Sinks ahead of Nonfarm PayrollsForex

USD Exchange Rate Sinks ahead of Nonfarm Payrolls

On Friday, the USD exchange rate dropped to a near month low as the release of nonfarm payrolls loomed earlier…

Bitcoin Traversed $50K Barrier after Returning in Two WeeksBitcoin

Bitcoin Traversed $50K Barrier after Returning in Two Weeks

On Friday, September 3, Bitcoin returned to the $50K barrier for the first time in two weeks. Now, the recent…