Japan’s JPYC Launches The World’s First Yen-Backed Stablecoin
JPYC stated that it aims to issue 10 trillion yen ($66 billion) worth of stablecoins, which ...
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Intel Reports Profits Exceeded Expectations In Q4 Due To Increased Investments, Shares Rise 7%
This is the first earnings report for Intel since it announced last month that the US ...
Gucci-Owner Kering To Sell Its Beauty Division To L’Oréal For 4 Billion Euros
The Gucci-parent company has agreed to sell its fragrance line, Creed, to L’Oreal. Kering has also ...
IMF Predicts Ireland as the World’s Fastest-Growing Economy with 9.1% Growth
The IMF pointed out that Ireland played a role in eurozone growth during the first quarter ...
Temu Doubles EU Profit to $120M With Only Eight Employees
More than 91% of parcels came from China, where Temu and its other low-cost retailers, such ...
LG Energy Solution Forecasts 34% Profit Jump as US EV Buyers Race for Tax Incentives
LG Energy Solutions is one of the US producers of LFP batteries, a technology largely dominated ...
Japanese Stocks Hit Record Highs as Takaichi Set to Become First Female Prime Minister
With Sanae Takaichi set to become Japan’s prime minister, advancing expansionist economic policies, concerns have been ...
DeepSeek Revealed its AI Models Cost Just $294,000, Shaking Up the Tech Industry
DeepSeek’s latest report admits for the first time that it owns some A100 chips and used ...
Tencent Raises $1.27 Billion in First Dim Sum Bond Sale in Four Years
Tencent plans to raise 2 billion yuan through five-year notes, which offer a 2.1% coupon rate. ...
Iraq Signs Deal With TotalEnergies and QatarEnergy LNG To Change Its Energy Future
TotalEnergies started the primary redevelopment of the Ratawi oil field. It aims to increase production to ...
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