Author: Charlotte

Add ThinkChina as a preferred sourceChina’s former Premier Zhu Rongji shakes hands with a delegate at the opening of the 18th Communist Party Congress at the Great Hall of the People in Beijing on 8 November 2012. (Wang Zhao/AFP)To assess former Chinese Premier Zhu Rongji, one important perspective is to begin with the characteristics of the era in which he served, while also considering his interactions with Deng Xiaoping and Jiang Zemin.The reforms of the Jiang-Zhu era marked a critical transition in China — from “crossing the river by feeling for stones” toward more systematic, market-oriented, institutionalised and difficult reforms.…

Jeff Booth, a director at Core Scientific (NASDAQ: CORZ) and founding partner at Bitcoin-focused venture firm Ego Death Capital, has revealed that a 20-year IT veteran spent approximately 15,000 hours attempting to compromise Bitcoin’s network security — and failed. The disclosure, made during a recent interview, underscores the resilience of Bitcoin’s underlying cryptographic architecture against sustained, sophisticated attack scenarios. The 15,000-Hour Experiment Booth, who initially harbored doubts about Bitcoin’s viability, said he questioned whether a decentralized system designed to counter state abuses of power could withstand coordinated threats. To test this, he ran a node and modeled attack methods that…

The dramatic downfall of the Knaken cryptocurrency exchange is a stark reminder of the unpredictable terrain that digital asset investors must navigate. What transpired is not merely the closing of a platform—it is a cautionary tale that invites investors to reevaluate their approach in a marketplace that continues to be plagued by instability and the pressing need for regulatory oversight. As many find themselves grappling with the ramifications of Knaken’s failure, it is essential to extract valuable lessons aimed at protecting their financial futures in an increasingly perilous trading environment. Dissecting the Catastrophe: What Went Wrong Once celebrated as a…

Monday 17 August 2026 5:00 am  |  Updated:  Sunday 16 August 2026 9:54 pm The consequences of a US debt sell-off would be ‘very bad’ for the UK (Pic: AP) The UK economy could be plunged into a recession an “order of magnitude” greater than recent financial crises if America’s borrowing costs continue to climb over the rest of the year, a group of leading City analysts have warned.The US was forced to pay the highest interest rate on its long-dated bonds for a quarter of a century on Thursday, amid growing concerns over the country’s gaping deficit and stickier-than-expected inflationary…

He is only the second Englishman to lift the crownA rising young Doncaster golfer is set to rub shoulders with some of the game’s greats after becoming only the second Englishman to win the US Amateur Championship since 1911 – earning himself a place in the field for the Masters, US Open and The Open at St Andrews in 2027.22-year-old Jack Whaley beat American Jay Leng Jr 4&3 at Merion over the weekend to secure his place among golf’s elite.Jack, who attends Florida State University, came into the contest as a major underdog against Leng Jr, who is 23rd in…

Mutual funds placed their bets strategically in Q1 FY27, doubling down on select stocks even as the broader trend signaled a clear shift in investor preference. Open FREE Demat Account within minutes!Join now While large-cap funds saw net outflows of ₹1,321 crore in July 2026, investors pivoted aggressively toward mid- and small-cap segments—with small-cap funds raking in ₹7,767.5 crore and mid-cap schemes attracting ₹6,192 crore. Flexi-cap funds also saw healthy inflows of ₹4,709 crore during the month. Against this backdrop of rotating capital, fund houses have been consistently increasing exposure to 104 companies from the NIFTY500 over the last four…

Bitcoin traded around $63,460 during Asian hours on Monday, Aug. 17, recovering 0.7% over 24 hours but remaining 2.3% lower over seven days as the cryptocurrency market entered another week with limited momentum.  Summary Bitcoin traded near $63,460 Monday, gaining 0.7% daily while remaining 2.3% lower across the week. Hyperliquid rose 3.4% daily and 8.7% weekly, outperforming most major cryptocurrencies during Monday morning trading. Monero traded near $413.84, gaining 4.9% weekly as momentum improved toward its $420–$430 resistance zone. U.S. spot Bitcoin ETFs recorded $390 million in net outflows across last week’s five sessions. Bitway led top-100 gainers with 22.3%,…

AI has changed investing. Or has it changed investors? livemint.com Source link

Baghdad (IraqiNews.com) – Iraq must undertake fundamental changes in its oil, power, and gas sectors after the 2026 regional crisis revealed severe weaknesses in the country’s energy-dependent economy, according to a new analysis from the American University of Iraq, Sulaimani (AUIS). The August issue of the Iraq Energy Outlook, published by the university’s Dhia Jafar Center for Energy & Natural Resources, investigates how regional violence and interruption across the Strait of Hormuz affect Iraq’s oil exports, government finances, and electrical grid. The analysis cautions that Iraq remains dangerously dependent on a single commodity and a single major maritime export route,…

Veteran investor Ross Gerber questioned on Sunday whether Bitcoin (CRYPTO: BTC) has everyday practicality despite the “endless promises of its use cases.”Does Bitcoin Have Utility?In an X post, Gerber said it’s “probably easier” to use gold over Bitcoin in most places, criticizing the cryptocurrency industry for limited value creation beyond certain products.“What have these people built of value: stablecoins? Really? So what’s the point of having a monetary system that can’t really be used?” the CEO of Gerber Kawasaki Wealth and Investment Management said.Gerber said he had genuine questions, pointing out that he hasn’t sold any Bitcoin while taking a dig at…