China’s naval prowess was on display as it unveiled its J-15T fighter jet at the 2024 Zhuhai Air Show. This exhibition comes amidst China’s decision to increase its defense budget by 7.2% for the third consecutive year, as the nation aims to enhance its national security strategies. The Chinese government […]
Finance
Crunchmarkets’s info on the world of finance
Trump seeks to abolish the $52.7 billion law subsidizing semiconductor chips
“Trump Seeks to Terminate $52.7 Billion Support Legislation for Semiconductor Chips” In a move that has potential implications for investors and tech enthusiasts alike, former President Donald Trump is aiming to dismantle a massive subsidy legislation for semiconductor chips, a law that currently stands at $52.7 billion. This decision, if […]
Beijing Declines Further U.S. Trade Levies, Promises Retaliatory Steps
China has declared that from March 10 it will implement additional tariffs of up to 15% on some American goods and limit exports to 15 American companies. This response from China’s Finance and Commerce Ministries comes as the U.S. imposes further tariffs on Chinese imports. The additional Chinese tariffs mainly […]
Iron ore prices decline as Trump’s impending tariffs approach
“Iron Ore Experiences a Decline as Trump Tariffs Threaten to Take Effect” The price of iron ore is experiencing a downward trend as the impending tariffs by the Trump administration loom large. This is an important piece of information for those who are interested in investing or simply keeping abreast […]
Who gains advantage from the extension of Trump’s Tax Cuts and Jobs Act?
The tax breaks from the Tax Cuts and Jobs Act, enacted in 2017 during President Donald Trump’s first term, are set to expire in 2025. Currently, the Congress is in debate over how to manage trillions of dollars in expiring tax breaks, with lawmakers on both ends of the political […]
Reports indicate that Seven & i is solidifying plans for President Isaka’s resignation, according to insiders.
“Sources Confirm Seven & i Working on Strategy for President Isaka’s Resignation” The corporate world is buzzing with the news that Seven & i Holdings Co., a renowned conglomerate, is reportedly in the final stages of establishing a plan for their President, Ryuichi Isaka, to step down from his position. […]
In an inadvertent move, Citigroup erroneously deposited a staggering $81 trillion into a client’s account.
Citigroup, a notable banking and financial services corporation, made an unfortunate blunder last year when it accidently deposited $81 trillion into a client’s account, instead of the intended $280. This financial mishap, which occurred in April, was overlooked by two employees but was detected and rectified within 90 minutes of […]
Probe into FedEx Aircraft Engine Blaze and Forced Landing by NTSB and FAA
“Emergency Landing and Engine Fire on FedEx Plane to be Probed by NTSB and FAA” The National Transportation Safety Board (NTSB) and the Federal Aviation Administration (FAA) have launched a joint investigation into a recent incident involving a FedEx plane. The aircraft was forced to make an emergency landing after […]
Apollo collaborates with State Street to debut a pioneering private credit ETF, a first in its industry
A fresh exchange-traded fund (ETF), known as SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV), is about to make its debut at the New York Stock Exchange. Notably, the fund’s investment strategy includes allocating a minimum of 80% of its total assets to investment-grade debt securities, which will […]
As elections approach, the Australian government commits to a temporary halt on beer tax
“As Australia’s Election Nears, Government Commits to a Temporary Halt on Beer Tax” With the upcoming elections in Australia, the government has made a strategic move by promising a temporary halt on beer tax. This decision, aimed at appealing to the masses, is an interesting development in the political landscape […]