The Japanese government has approved a $250 billion economic package, featuring subsidies to address rising energy costs and direct cash aid to low-income families, as inflation driven by a weakening yen continues to pressure consumer spending. In this new initiative, Prime Minister Shigeru Ishiba's administration committed to increasing disposable incomes...

Carbon Streaming Corporation has announced that Marin Katusa will take on the role of Chief Executive Officer, effective November 25, 2024. The appointment follows an extensive search that evaluated both internal and external candidates. Katusa will replace Christian Milau, who has been serving as Interim CEO as part of a...

Jyske Realkredit revealed a major shift in its executive team on Friday, announcing that CEO Carsten Tirsbæk Madsen will retire in the second quarter of 2025. Madsen’s departure will conclude a notable 34-year career at the company, which began with BRFkredit in 1990. Over the years, Madsen has been a...

Decentralized gamer network KGeN (Kratos Gamer Network) has successfully raised $10 million in a recent funding round, aiming to empower players with greater control over their digital identities. The new investment will support KGeN’s efforts to expand and develop a gaming economy that places data control in the hands of...

On Thursday, Chinese Vice Premier He Lifeng held discussions with Citigroup CEO Jane Fraser in Beijing. As a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, He emphasized China's dedication to advancing financial reforms and expanding high-level, two-way openness in its financial sector. He...

The GBP/USD pair extended its losses for a third consecutive session on Friday, trading around 1.2580 during Asian market hours. The decline was driven by a stronger US Dollar as market participants continued to assess the Federal Reserve's monetary policy stance following an unexpected drop in US Initial Jobless Claims....

Francois Pinault, the 88-year-old founder of Kering, has fallen out of the top 100 richest individuals globally as his son faces challenges revitalizing Gucci, the luxury conglomerate's largest brand. For the first time in over a decade, Pinault is now ranked 105th among the world’s wealthiest—a significant drop from his...

Bitcoin, the pioneering digital currency, recently surpassed the $98,000 mark, elevating its enigmatic creator, Satoshi Nakamoto, to 18th on the global list of the richest individuals. Previously, Satoshi had occupied the 19th spot. Thursday saw Bitcoin hitting an unprecedented $98,370, extending its winning streak to four consecutive days. This upward...

As part of her promotional tour for the upcoming Netflix holiday film Our Little Secret, Lindsay Lohan appeared on Bravo's Watch What Happens Live. During the interview, she garnered significant applause by sharing a playful anecdote involving former Disney CEO Michael Eisner at the world premiere of The Parent Trap...