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South Korea’s ruling People Power Party (PPP) has unveiled a sweeping set of crypto reforms, including the approval of spot cryptocurrency exchange-traded funds (ETFs) and a revamp of the nation’s digital asset framework. The announcement was made during an emergency response committee meeting on Monday, 28 April 2025. This comes amid heightened political tensions following … Read more
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. … Read more
Chinese President Xi Jinping attends the opening session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2025. Florence Lo | Reuters BEIJING — China plans to help struggling businesses with targeted measures in the face of “increased external shocks,” according to a readout of a … Read more
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. “Having fundamentally … Read more
A prominent international law firm reached a deal with President Donald Trump on Friday to dedicate at least $100 million in free legal services and to review its hiring practices, averting a punishing executive order like the ones directed at nearly a half-dozen other major legal institutions in recent weeks. The deal with Skadden, Arps, Slate, Meagher … Read more
Key Takeaways Paul Atkins, nominee for SEC Chairman, plans to establish clear guidelines for digital assets. Atkins emphasizes the need for coherent regulation to prevent market uncertainty. Share this article Paul Atkins, President Trump’s nominee for SEC Chairman, has pledged to establish clear regulatory guidelines for digital assets if confirmed to lead the agency. “A … Read more
BEIJING, CHINA – MARCH 23: Attendees listen to speech at the symposium of China Development Forum 2025 at the Diaoyutai Guesthouse on March 23, 2025 in Beijing, China. Jiang Qiming | China News Service | Getty Images China’s Vice Premier He Lifeng has reassured foreign business leaders that Beijing will continue to open up its … Read more
Markets are losing faith in Trump’s administration amid escalating trade wars and government cost-cutting that might be doing more harm than good. Read More
Chipmaker TSMC said that it aims to invest “at least” $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company’s network of semiconductor factories. President Donald Trump announced the news during a press conference Monday. TSMC’s cash infusion will fund the construction … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s leading electric-vehicle maker BYD has pledged to work with rival Tesla to combat petrol cars, while insisting that Beijing was “more open” to foreign business than the west. “Our common enemy is the internal … Read more
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