{
CHN

Country

}
Treasury sanctions individuals and entity for North Korean crypto laundering activities
The U.S. Treasury has sanctioned two individuals and a UAE-based company for laundering millions in illicit funds for North Korea, which continues to exploit digital assets to support its WMD and missile programs. Key figure Sim Hyon Sop, linked to North Korean financial institutions, orchestrated these schemes, while recent cybercrimes by North Korean hackers have further destabilized the crypto industry.
CryptoPotato
United States Dollar CHN RUS Zhang Jian
Regulatory & Legal, Press Release
18:10 22.12.2024
nestlé and the evolving landscape of the global cookie and cracker market
Nestlé S.A. is evaluated among the top cookies and crackers stocks as the global market, valued at $100.2 billion in 2023, is projected to grow to $122.45 billion by 2030, driven by North America and rapid expansion in Asia Pacific. Despite economic pressures, snacking remains a resilient category, with consumers maintaining spending habits. Meanwhile, Mondelēz International's potential acquisition of Hershey could reshape the confectionery landscape, competing with Mars' upcoming merger with Kellanova.
Yahoo Finance
United States Dollar Nestlé S.A. Starbucks Corp The Hershey Co McDonald's Corporation CHN FRA GBR IND USA DEU CAN CHE Show more
Finance & Economy, Market Report
10:50 22.12.2024
Chinese auto dealer invests 256 million dollars in Bitcoin mining expansion
Cango Inc., a Shanghai-based car dealership, has invested $256 million in Bitcoin mining, acquiring 32 EH/s from Bitmain Technologies. The company extracted 363 BTC in November, positioning itself as the fifth-largest public Bitcoin miner globally, with plans to expand its hashrate to 50 EH/s by 2025. Despite China's mining ban, Cango's venture is thriving, significantly boosting its revenue and market cap.
CryptoPotato
United States Dollar Cango Inc. Marathon Digital Holdings Inc CHN USA Max Huang
Finance & Economy, Market Report
20:36 21.12.2024
Nigeria arrests 792 in major crackdown on crypto romance scam network
Nigeria's Economic and Financial Crimes Commission arrested 792 individuals, including 148 Chinese and 40 Filipinos, in a major crypto-romance scam raid in Lagos. The operation, based in a seven-story building, involved a sophisticated network where local recruits, trained to impersonate foreign women, lured victims into fraudulent investment schemes. Authorities discovered over 500 SIM cards and high-end computers, indicating a well-organized effort targeting individuals primarily in North America and Europe.
CryptoPotato
United States Dollar CHN AUS KOR NGA HKG PHL Show more
Regulatory & Legal, News Article
18:06 21.12.2024
impact of trump's tariffs on the european economy and global trade relations
Donald Trump has threatened to impose tariffs on Europe unless it increases purchases of U.S. gas and oil, with potential duties estimated at 10%. UBS predicts a GDP impact on the EU between 0.28% and 0.48%, while the London School of Economics suggests a more modest reduction of 0.11%. The trade tensions could also negatively affect the U.S. economy, highlighting the interconnected nature of global markets.
24+
Euro United States Dollar USA CHN Donald Trump
Finance & Economy, Market Report
09:22 21.12.2024
Aptos CEO Mo Shaikh resigns as Avery Ching steps in as successor
Aptos CEO Mo Shaikh has resigned, effective December 19, to pursue new opportunities while remaining a strategic adviser. Avery Ching, co-founder and former CTO, has taken over as CEO, focusing on expanding the ecosystem and driving technical advancements, particularly in Asia. Under Shaikh's leadership, Aptos launched its layer-1 blockchain mainnet and secured over $400 million in funding.
Coinchapter
United States Dollar Microsoft Corporation Franklin Templeton - Franklin M Google Inc. BlackRock, Inc. Mastercard Inc CHN VNM KOR IND ARM JPN Mo Shaikh Avery Ching Show more
Technology & Innovation, Press Release
22:59 20.12.2024
Nike faces significant risks in upcoming quarters according to UBS analysis
Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, clothing, and equipment, with footwear accounting for 68.6% of net sales. The company operates 1,045 stores globally and generates significant revenue from North America (41.6%) and Europe/Middle East/Africa (26.5%). Despite its strong market presence, UBS warns of potential downside risks in the coming quarters.
MarketScreener
United States Dollar NIKE, Inc. USA CHN
Finance & Economy, Market Report
21:19 20.12.2024
Nike faces significant risks in upcoming quarters according to UBS analysis
Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, clothing, and equipment, with footwear accounting for 68.6% of net sales. The company operates 1,045 stores globally and generates significant revenue from North America (41.6%) and Europe/Middle East/Africa (26.5%). Despite its strong market presence, UBS warns of potential downside risks in the coming quarters.
MarketScreener
United States Dollar NIKE, Inc. USA CHN
Finance & Economy, Market Report
21:19 20.12.2024
swiss economy faces challenges amid real estate turmoil and corporate struggles
Switzerland faces challenges as families receive eviction notices amid rising real estate speculation, raising concerns about social stability. While the economy shows some resilience compared to the EU, major Swiss companies like Roche and Nestlé struggle with poor management decisions, impacting investor confidence. The promise of a prosperous decade seems overshadowed by the realities faced by many employees and smaller investors.
insideparadeplatz.ch
Swiss Franc Hapag-Lloyd AG Nestlé S.A. Hoffmann-La Roche AG Novartis AG UBS Group AG Kühne + Nagel International AG Deutsche Lufthansa AG ISR CHE DNK RUS USA DEU CHN POL Klaus-Michael Kühne Peter Brabeck-Letmathe Mark Haefele Sergio Ermotti Elon Musk Paul Bulcke Show more
Finance & Economy, Market Report
19:56 20.12.2024
ubs advises caution on stocks with high china exposure due to growth concerns
UBS advises investors to underweight stocks with significant exposure to China, citing concerns over weaker growth projections of 3.7% in 2025 and 2.7% in 2026. Chief global equity strategist Andrew Garthwaite highlights three main threats to these equities in his Outlook 2025 report.
Seeking Alpha
CHN Andrew Garthwaite
Finance & Economy, Market Report
19:08 20.12.2024
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MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

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