While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled down on the potential of the metaverse as a new economic gro...
Tag: Domestic
Domestic Transparency Can Slow Resurgent Trade Protectionism
[The following article is a synopsis of a Hinrich Foundation Report published today, March 7, 2023.] For six decades following World War II, governments reduced tariffs progressively and agreed to rul...
UAE set to issue CBDC for cross-border payments and domestic usage
The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the Un...
President Xi Addresses Domestic Consumption In Speech
China Last Night KraneShares Key News Asian equities had a strong day following US stocks’ positive move yesterday, with the Philippines having a very strong day in advance of today’s Fed +25 bps rate...
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases – Fintech Bitcoin News
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the cent...
New U.S. Battery Entrant Targets Fully Domestic Supply Chains
BOMBAY BEACH, CALIFORNIA – FEBRUARY 26, 2019: A woman walks along the shore of the Salton Sea in … [+] Southern California. The shallow saline lake was formed accidentally in 1905 followin...
All Domestic Flight Departures Paused Amid FAA System Outage—Here’s What We Know
Topline Flights across the United States have been massively disrupted Wednesday morning following a Federal Aviation Administration system outage, with airlines ordered to pause domestic departures a...
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence – Bitcoin News
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strength...
Russian Wildberries Shows Tech Companies Increasingly Domestic, Less Foreign
Russia’s woman-founded and woman-owned e-commerce company, Wildberries, is seeing the benefit of … [+] foreign firms leaving the market because of sanctions. (Photo Illustration by Rafael ...
Marshall Islands legally recognizes DAOs as domestic limited liability companies
The Republic of the Marshall Islands, an independent island state located in the Pacific Ocean near the Equator, has announced that the Decentralized Autonomous Organizations Act of 2022 has officiall...
First-Ever Department Stores At Sydney Airport Open The Door To Domestic Retail Market
An artist’s impression of Heinemann’s fashion area in Sydney Airport’s terminal three. Sydney Airport/Heinemann Sydney Airport plans to open Australia’s first department-store style retail outle...
Pfizer’s Paxlovid Approved In China, State Council Emphasizes Domestic Consumption
China Last Night KraneShares Key News Asian equities were higher following yesterday’s lighter-than-anticipated US CPI print (sarcastically, only 7.1%!) though volumes were light in advance of today’s...
Politburo Emphasizes Domestic Consumption As China Trade Data Gives Global Economy Thumbs Down
China Last Night KraneShares Key News While not a day that will live in infamy, Asian equities had a rough outing following the Nasdaq’s -2% drop yesterday, with the Goldman Sachs CEO’s pessimis...
Nikkei 225 price forecast for 2023 amid the reopening of the domestic economy
The Nikkei 225 index tracks 225 blue-chip companies traded on the Tokyo Stock Exchange. It went nowhere in 2022, hovering between 26,000 and 28,000 points, unable to hold below or above. The price act...
Domestic and international tourist crowds traveling in Japan
I thought I managed to beat the tourist crowds on my recent trip to Japan. On my first night in Osaka, I managed to get a picture with the famed Glico sign without anyone else in the background. Zoom ...
Tencent international gaming revenue increases while domestic earnings fall
Tencent, the world’s largest gaming company, saw a 3% increase in its international gaming revenue to $1.65 billion in the third quarter as domestic Chinese revenue dropped 7% following two year...
Sanctions on Russia Opened Domestic Markets for Foreign Crypto Issuers: Report
Cryptocurrencies remained among the burning topics during the Russia–Ukraine war. It had played a role from both the sides where war affected Ukraine received funds and aid from all over the world in ...
‘Black Adam’ tallies $67 million in domestic debut
Dwayne Johnson is Black Adam in Warner Bros.’ newest DC film “Black Adam.” Warner Bros. “Black Adam” stormed into theaters this weekend, snaring $67 million domestically....
A Guide To The Abortion And Domestic Violence Allegations That Have Roiled The Campaign
Topline Georgia Republican Senate candidate Herschel Walker remains close in the polls with Sen. Raphael Warnock (D) despite regular eruptions of negative stories about Walker’s past that began almost...
Walmart Will Sell Domestic Made Apparel By Classic Fashion
TORONTO, CANADA -. (Photo by Roberto Machado Noa/LightRocket via Getty Images) LightRocket via Getty Images A new factory in Santa Ana, California will cut and sew apparel exclusively for WalmartWMT f...
Norway’s Finance Minister Domestic Bitcoin Miners shouldn’t pay less for energy
The Finance Minister of Norway, Trygve Slagsvold Vedum, has requested the government to abolish its crypto program. The crypto program permits domestic bitcoin miners to give a lowered rate on electri...
Boosting Domestic Production Of 5G Technology Is Important To Ensure Long Run U.S. Economic Primacy
Russia’s invasion of Ukraine and China’s increasingly bellicose rhetoric across the Asian Hemisphere have caused policymakers to realize that we cannot depend on these countries for materials critical...
Chinese smartphone boom ends as domestic shipments in China drop over 30% YoY
It seems that the Chinese smartphone boom has ended as domestic smartphone shipments register a sharp decline. Covid lockdowns have wreaked havoc on the Chinese economy, with smartphone sales falling ...
South Korean Regulator Flags 16 Overseas Crypto Exchanges for Lack of Domestic Licenses (Report)
South Korea’s financial sector regulator Financial Services Commission (FSC), is planning to stop domestic access to foreign crypto exchanges that are not registered in the country. These trading plat...
China’s Domestic Tourism Shrinks Amid Covid Lockdowns
The Great Wall of China has long been a popular tourist attraction in the country. (AP Photo/Ng Han … [+] Guan) Copyright 2020 The Associated Press. All rights reserved. A global focus of China’...
Terra (LUNA) Saga Is Not Over Yet, Korean Prosecutors Discovers Another Domestic Subsidiary Of Terra “Flexi”
According to Korean local news site KBS news, the ongoing investigation for Terra’s crash has taken another turn as investigators have now linked a new crypto entity “Flexi” to Terra and Do Kwon. Deta...
Love and Thunder’ has $143 million domestic opening
Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domest...
Large Retailers Are Getting Hit Hardest by Overstocking
Big retailers are struggling to cope with large stockpiles of furniture, apparel and workout equipment, yet broad measures show inventories at American companies remain exceedingly lean by historical ...
Costco sees 20% bump in sales for June
Costco Wholesale Corp. saw a 20.4% bump in its June sales, the retailer reported Thursday. The company announced that it had $22.78 billion in net sales for the retail month of June, which spanned the...