Trump pardons Ross Ulbricht, creator of dark web marketplace Silk Road
Ulbricht was given two life sentences, plus 40 years for running a site that allegedly facilitated $183m in drug sales.
Category Archives: Economy
Muckraking financial firm Hindenburg Research to disband, founder says
Renowned short-seller Nate Anderson says his work has been 'intense, and at times, all-encompassing'.
TikTok planning complete US shutdown as ban deadline looms, reports say
Popular video-sharing platform preparing to go fully dark in the US from Sunday, reports say.
Japan’s tourist arrivals hit all-time high as weak currency draws masses
Asian country welcomed record 36.8 million visitors in 2024, tourism agency says.
TikTok users in US flock to ‘China’s Instagram’ ahead of ban
Chinese users of Xiaohongshu welcome influx of Americans, but caution that sensitive topics are off-limits.
US watchdog sues Elon Musk over late disclosure of Twitter stake
US Securities and Exchange Commission says Musk's failure to disclose stake allowed him to underpay $150m for shares.
TikTok says reports of potential sale to Elon Musk are ‘pure fiction’
Video-sharing platform dismisses reports that the Chinese government is considering its sale to Tesla and SpaceX CEO.
Australia’s economy was the envy of the world. Now it’s falling behind
After record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes.
Meta’s move to end fact-checking reflects turn toward freewheeling internet
Mark Zuckerberg's invocation of 'cultural tipping point' comes as number of fact-checking initiatives has plateaued.
As Trump talks up trade war with China, fears rise for rare earths supply
Beijing dominates the production of critical elements used in the production of electronics, vehicles and weapons.
China’s millionaires eye the exit as economic storm clouds gather
Some 15,200 Chinese millionaires were expected to relocate in 2024, according to Henley & Partners.
Biden to block Nippon Steel’s takeover of US Steel, reports say
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.
Singapore economy grows 4%, beating forecasts
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.
Japan Airlines hit by cyber attack, delaying some flights
JAL says it has suspended ticket sales for all services on Thursday following incident.
South Korea’s economy rattled by martial law decree
South Korean president's bid to erase 'Korea discount' sputters after martial law declaration unnerves markets.
Bitcoin tops $100,000 after Trump picks crypto-friendly SEC chair
Cryptocurrency surges to new high after Paul Atkins is nominated to head the Securities and Exchange Commission.
Musk’s $101bn Tesla pay package again rejected by US judge
Judge says Tesla's 'unprecedented theories' do not support argument to reverse previous ruling scrapping pay deal.
Encircled by geopolitical risks, Armenia builds a lively tech startup scene
Ex-Soviet state is betting on a growing tech eco-system to drive its economy in region rife with geopolitical tensions.
Cars to fruit: The goods set to get pricier under Trump’s tariff plans
US president-elect's proposed tariffs on China, Canada and Mexico would raise the prices of numerous products.
Game evoking Oct. 7 Hamas attack pulled after police appeal, creator says
Computer game distributor said Operation al-Aqsa Flood removed from Stream at request of UK police, emails show.