January 20th news, recently, the Ministry of Commerce and other departments issued two documents, the implementation of mobile phones, tablets, smart watches (bracelets) purchase subsidies, as well as do a good job in 2025 home appliances trade-in work to be arranged, clear specific subsidy categories and standards. According to the subsidy program, individual consumers to buy mobile phones, tablets, smart watches (bracelets) and other three types of digital products subsidy standard is, for a s...
Led by Musk, Zuckerberg, and Huang Renxun, the world's 500 richest people will reach a new milestone in 2024: reaching a total net worth of $10 trillion. The unstoppable rise of US technology stocks has played a key role in the growth of these three people's wealth, and has also driven up the net worth of Larry Ellison, Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin.
On December 26th, the Yangtze River Navigation Administration of the Ministry of Transport released data on December 26th showing that in 2024, the cargo throughput of the Yangtze River trunk port is expected to 4.02 billion tons, an increase of 3.9% year-on-year. This is the first time that the annual port cargo throughput of the Yangtze River trunk line has exceeded the 4 billion ton mark, ranking first in the world's inland rivers again. The development of Yangtze River shipping has shown a g...
On December 12, according to the Bloomberg Billionaires Index, Musk's net worth rose by about 50 billion dollars to $439.2 billion. Musk's net worth fell by more than $200 billion at one point in late 2022, but after Trump won the election last month, Musk's value as his top gifter immediately soared. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion worth of shares from employees and other company insiders. The deal values the private space exploration company at about $350 bil...
The current top 10 listed companies in the world collectively hold more than 527,000 bitcoins (BTC), accounting for 2.66% of the total bitcoin supply.
On November 7th, after Musk-backed Trump won the US Presidential Election, Tesla (TSLA. O) closed up 14.75% in the United States on Wednesday. According to Forbes rich list data, Tesla's surge made the company's founder and CEO Musk's net worth increase by $20.90 billion a day, and the total assets reached $285.60 billion, far exceeding Jeff Bezos, who ranked second in the world's rich list.
U.S. Treasury Secretary Janet Yellen said the dollar is and will continue to be critical to the United States as the world's primary reserve currency, and the dollar's status is truly based on our strong macroeconomic performance, low inflation, robust institutions, strong capital markets, the rule of law, and very deep and liquid capital markets. There is really no other currency that can compare to the dollar. Confidence in the dollar's position will ensure that we continue to be on a sound fi...
Brazil's central bank governor said the world is preparing for a U.S. interest rate cut, and the extent of the cut will depend on the data.
Hundreds of lawyers from around the world have called on the US to stop using unilateral economic sanctions, saying such tools amount to collective punishment of civilians and are illegal under international law. In a letter to US President Joe Biden, lawyers, legal organisations and academics criticised the US for its increasing reliance on sanctions to punish and coerce its adversaries, saying such measures could lead to economic instability, starvation and dwindling supplies of medicines and ...