October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend
The Citadel's football team pulled off an impressive comeback against VMI, scoring 28 points in the final quarter to win 35-24. It was a game that seemed out of reach, with VMI leading 24-7 early in the fourth quarter. But Quentin Hayes, The Citadel's standout player, changed the game with three tou
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose
BitMart, a major player in the cryptocurrency world, just got a big boost. Their CEO, Nathan Chow, has been invited to join the Forbes Business Council. This isn't just any club; it's a group of top business leaders who share ideas and set trends. Chow's invitation shows how far BitMart has come and
China is working on a new way to handle rare earth exports. This could make things faster, but it won't undo all the restrictions that have been causing trouble. Industry insiders say that while there might be some easing, it's not the big change that the U. S. was hoping for. The Ministry of Comme
In a bold move, Taiwan's vice president, Bi-Khim Hsiao, recently spoke to a group of international lawmakers in Brussels. She made a strong case for the European Union to strengthen its bonds with Taiwan, especially in trade and security. Her speech came at a time when China is increasing its pressu
Elon Musk has big ideas for Tesla's future, and he's not shy about sharing them. After shareholders approved a massive $1 trillion pay deal, Musk outlined some ambitious goals for the company. He's talking about increasing production by 50% by the end of 2026. That's a lot of cars! But Musk isn't st
The market took a tumble this week, but some investors see this as a chance to grab tech stocks at a discount. Concerns about a potential economic slowdown and high stock prices sent ripples through the market, pulling down major tech players and dragging the Nasdaq Composite to its worst week since
A businessman from Cambodia is facing serious trouble. His fancy lifestyle is now under investigation. Authorities in Taiwan, Hong Kong, and Singapore have taken away his luxury items. These include yachts, expensive cars, and large amounts of cash. All this because he is accused of running a massiv
FPT, a big tech company, is teaming up with two major banks in Taiwan to bring their services into the digital age. This isn't just about making things look pretty; it's about making banking safer, smoother, and more efficient for everyone involved. First up, FPT is working with OBank to revamp the
