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Category: Economy - Page 2 - TOME
Wednesday, May 21, 2025
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Economy

US President Announces Inclusion of Major Cryptocurrencies in New Strategic Reserve

US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in 'Crypto Strategic Reserve'.

Jakarta Moves to Safeguard Minors from Harmful Influences

Jakarta says it is preparing legislation to protect minors from 'physical, mental, or moral perils'.

City-State Empowers Authorities to Freeze Bank Accounts for Scam Victim Protection

The city-state has granted authorities powers to freeze bank accounts to protect suspected scam victims from themselves.

Nvidia’s $600 Billion Loss: How a Chinese AI Model Challenges US Tech Dominance

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms.

Chinese Platforms Tackle Hate Speech Amid Ongoing Anti-Foreigner Sentiment

Chinese platforms have pledged to crack down on hate, but anti-foreigner sentiment still circulates widely online.

Musk’s Undisclosed Stake Led to $150 Million Underpayment, SEC Claims

US Securities and Exchange Commission says Musk's failure to disclose stake allowed him to underpay $150m for shares.

Exports Surge 10.7% in 2024, Surpassing Economic Predictions

Exports rose 10.7 percent in 2024, beating economists’ forecasts, customs data shows.

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