Author: Charlotte

In the long term, as more Chinese companies advance from working for original equipment manufacturers to becoming OEMs themselves, they will revive China’s growth trajectory. Reviving the macro economy through upgrading the micro economy is the right path for China. Not repeating the 2008-style credit stimulus is the right policy. Macroeconomic stimulus would only achieve a short-lived growth spurt while amplifying economic shortcomings.Last year, China achieved a moderate economic recovery of 5.2 per cent, below market expectations at the start of the year but much better than hoped for midyear. Exports were flat, held back by destocking after a buying…

10h05 ▪ 4 min read ▪ by Ghiles A. Summarize this article with:ChatGPTPerplexityGrok Western Union accelerates in digital payments. The group announced USDPT, a US dollar stablecoin based on the Solana blockchain and issued by Anchorage Digital Bank NA. This initiative aims to integrate a regulated digital dollar into an already well-established global network. Through this project, Western Union seeks to improve international settlements while relying on a large-scale existing infrastructure. In brief Western Union announced USDPT, a U.S. dollar stablecoin based on Solana. USDPT will be issued by Anchorage Digital Bank NA, a federally chartered bank. The “Stable by…

Home > Funds Management > Navigator’s US$195m alts play Mike Taylor Managing Editor and Publisher 5 May 2026 Navigator Global Investments (NGI) has moved to increase its access to global alternative investment managers via a strategic partnership with global player, Stable Asset Management, and the acquisition of a portfolio of interests in17 alternative managers. Announcing the move to the Australian Securities Exchange (ASX) Navigator placed the total consideration for the deal at US$195 million stating that the portfolio delivers attractive growth and earnings outlook and adds further scale and diversification for NGI. It said NGI and Stable have entered into…

No minimum investment for Dubai residential visa? Here’s what Indian property buyers should know The Economic Times Source link

Two scalping stories in one day. Such are the times we live in. First, it was Pokémon Pop-Tarts. Now it’s Valve’s new Steam Controller. The company’s first new peripheral in years sold out in less than an hour and people are already trying to hawk them for as much as $400 on eBay. That’s up to three times the original asking price, which at $100 already made the Steam Controller noticeably more expensive than a PS5 DualSense or Xbox Series X/S controller. But lots of Steam users still wanted one, which isn’t surprising given the impressive functionality and trackpad haptics for…

Long Path Partners Completes Take-Private Acquisition of Idox plc PA Media Source link

Addis Ababa, May 4, 2026 —Ethiopia’s ongoing macroeconomic reform program is delivering encouraging economic results, with stronger-than-expected growth and easing inflation, Finance Minister Ahmed Shide told lawmakers on Monday. Presenting the Ministry of Finance’s nine-month performance report to the  House of People’s Representatives (HPR)’s Standing Committee on Planning, Budget and Finance, the misnister said reforms introduced since the 2017 Ethiopian fiscal year have begun producing measurable improvements across key economic indicators. “Since the implementation of the inclusive macroeconomic reform program, several encouraging economic outcomes have been registered,” the minister told members of parliament. According to Minister Ahmed, Ethiopia’s economy outperformed…

## Market Snapshot In the market for “Will the price of Bitcoin be above $66,000 on May 7?”, the current pricing is highly supportive of a YES outcome, with odds at 99.9% YES. The market for May 6 also suggests a high likelihood of a YES resolution, with odds at 99.8% YES. ## Key Takeaways – The recent surge in Bitcoin’s price above $81,000 appears to be consistent with heightened investor interest in decentralized assets amid geopolitical tensions. – Markets suggest a strong likelihood of Bitcoin remaining above $66,000 on both May 6 and May 7, driven by current geopolitical…

The interest-earning potential of CDs, high-yield savings and money market accounts may look similar but it won’t be identical. Getty Images/iStockphoto Saving a sizable amount of money can feel incredibly difficult. But there has been one component that’s helped lift some of that burden from savers in recent years – high interest rates on select savings accounts. While an elevated interest rate landscape hurts borrowers, it also can serve as a boon for savers, many of whom have taken advantage in recent years via accounts with rates as high as 6% or 7%. So, if you have thousands or tens…

Builders transform family home for man with cancer BBC Source link