World

The recent news of U.S. President Joe Biden dropping out of the presidential race and endorsing Vice President Kamala Harris as the Democratic nominee had a significant impact on the Asia-Pacific markets. China’s central bank, the People’s Bank of China, made an unexpected move by cutting rates. The short-term 7-day reverse repurchase rate was lowered
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After the widespread business and travel disruptions stemming from a faulty software update from cybersecurity firm CrowdStrike, malicious actors are seizing the opportunity to capitalize on the chaos. Reports have surfaced of phishing schemes targeting businesses and individuals worldwide, with perpetrators posing as CrowdStrike employees or tech specialists offering assistance in recovering from the outage.
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In a recent interview, former U.S. President Donald Trump made a controversial statement suggesting that Taiwan should pay the U.S. for defense services. This assertion raises questions about the nature of international defense agreements and the responsibilities of each party involved. Understanding the Global Chip Industry Trump’s comments also touched on Taiwan’s semiconductor industry, highlighting
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Bitcoin experienced a surge in value on Monday, reaching a two-week high, while betting markets indicated an increased likelihood of a victory for Donald Trump in the upcoming U.S. presidential election. This surge comes in the wake of a dramatic event, the assassination attempt on the former president, which drew parallels to historical incidents that
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