China’s once-thriving real estate market stands at a perilous crossroads as a multitude of challenges converges to suffocate its future. A significant plunge in birth rates and a slowing urbanization process signal an ominous downturn for a sector that had arguably sustained the country’s economic momentum over the past few decades. The realities on the
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In a market often dictated by fear and uncertainty, Carnival Corporation’s recent announcement has sent ripples of excitement through the financial community. As the ship sailed into the second quarter, Carnival reported an adjusted earnings per share of 35 cents, significantly surpassing analyst expectations of 24 cents as reported by LSEG. With adjusted revenues climbing
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Digital Asset has made waves in the financial sector with its latest funding announcement, amassing an impressive $135 million from esteemed players in banking and finance. The funding round, co-led by significant names like DRW and Tradeweb, showcases an evolved perception of cryptocurrencies, now welcomed by the likes of Goldman Sachs, BNP Paribas, and Citadel
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As Federal Reserve Chair Jerome Powell prepares for his semiannual congressional testimony, he finds himself in a whirlwind of political pressure like never before. With President Donald Trump and several White House officials pushing for lower interest rates, Powell’s typically insulated role is suddenly under scrutiny. This week, Powell’s appearances before the House Financial Services
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