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General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
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Door Handles Of Tesla's Model 3 Face Renewed Scrutiny By US
Tesla Inc's door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles.
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Sei Partners Xiaomi to Pre-Install DeFi Wallet on Phones, SEI Token Sees Rapid Price Moves
Sei Network’s wallet will now come pre-installed on new Xiaomi smartphones in global markets outside China and the US, giving millions of users immediate access to on-chain tools. The announcement triggered volatility in the SEI token, which saw sharp intraday swings as traders assessed the impact. User reactions on X highlighted both optimism ar...
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Polymarket Banned By Romanian Regulator for Illegal Crypto Betting Following $600 Million Election Wagers
Romania’s gambling regulator has blacklisted Polymarket after nearly $600 million (roughly ₹53,200 crore) in crypto wagers were placed during national elections. Officials said the platform operated as unlicensed gambling. The action mirrors global moves by the US, France, and others to curb crypto-based betting platforms.
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US President Donald Trump Pardons Binance Founder Changpeng Zhao, Lifts Restrictions
US President Donald Trump has pardoned Binance founder Changpeng Zhao, following his 2023 guilty plea over anti-money-laundering violations. The decision lifts restrictions that had prevented CZ from operating financial ventures, allowing him to re-engage with Binance and the wider crypto ecosystem. Zhao and Binance welcomed the move, framing it as...
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Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
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US Clarifies $100,000 H-1B Visa Fee Rules: Who Pays, Who's Exempt, And How To Make The Payment
For international professionals - especially recent graduates and early-career job seekers - the fee could make the H-1B route less accessible to get the opportunity to work in the U.S.
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Cough Syrup Linked To Child Deaths In India Not Shipped To US: Drug Regulator
The US Food and Drug Administration confirmed on Friday that toxic cough syrups linked to children's deaths in India had not been shipped to the United States.
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Adani Group Adds Rs 69,000 Crore In Market Cap After SEBI Order
Shares in Adani Group companies surged on Friday after markets regulator SEBI cleared the conglomerate of allegations made by US short-seller Hindenburg Research.
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SEBI Dismisses Hindenburg's Allegations Against Adani Group Companies
Markets regulator Securities Exchange Board of India (SEBI) has dismissed allegations of stock manipulation levelled by US Short Seller Hindenburg Research against Adani Group Chairman Gautam Adani and the group's companies.
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What Is IEEPA, The Emergency Law That Trump Used To Justify Tariffs
The International Emergency Economic Powers Act (IEEPA), enacted in 1977, gives the US President broad authority to regulate economic transactions once a national emergency is declared.
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Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
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What Is A Digital Services Tax That Can Increase Trump Tariffs
A Digital Services Tax (DST) is a levy on the revenue that large digital companies earn from users in a country, even if the company has no physical office there.
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"Show Respect Or Consider Consequences": Trump's Latest Tariff Threat
US President Donald Trump has threatened on Monday to impose "substantial" new tariffs to restrict American chip exports to all countries that impose digital services taxes and related regulations on US tech firms.
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
-
Door Handles Of Tesla's Model 3 Face Renewed Scrutiny By US
Tesla Inc's door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles.
-
Sei Partners Xiaomi to Pre-Install DeFi Wallet on Phones, SEI Token Sees Rapid Price Moves
Sei Network’s wallet will now come pre-installed on new Xiaomi smartphones in global markets outside China and the US, giving millions of users immediate access to on-chain tools. The announcement triggered volatility in the SEI token, which saw sharp intraday swings as traders assessed the impact. User reactions on X highlighted both optimism ar...
-
Polymarket Banned By Romanian Regulator for Illegal Crypto Betting Following $600 Million Election Wagers
Romania’s gambling regulator has blacklisted Polymarket after nearly $600 million (roughly ₹53,200 crore) in crypto wagers were placed during national elections. Officials said the platform operated as unlicensed gambling. The action mirrors global moves by the US, France, and others to curb crypto-based betting platforms.
-
US President Donald Trump Pardons Binance Founder Changpeng Zhao, Lifts Restrictions
US President Donald Trump has pardoned Binance founder Changpeng Zhao, following his 2023 guilty plea over anti-money-laundering violations. The decision lifts restrictions that had prevented CZ from operating financial ventures, allowing him to re-engage with Binance and the wider crypto ecosystem. Zhao and Binance welcomed the move, framing it as...
-
Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
-
US Clarifies $100,000 H-1B Visa Fee Rules: Who Pays, Who's Exempt, And How To Make The Payment
For international professionals - especially recent graduates and early-career job seekers - the fee could make the H-1B route less accessible to get the opportunity to work in the U.S.
-
Cough Syrup Linked To Child Deaths In India Not Shipped To US: Drug Regulator
The US Food and Drug Administration confirmed on Friday that toxic cough syrups linked to children's deaths in India had not been shipped to the United States.
-
Adani Group Adds Rs 69,000 Crore In Market Cap After SEBI Order
Shares in Adani Group companies surged on Friday after markets regulator SEBI cleared the conglomerate of allegations made by US short-seller Hindenburg Research.
-
SEBI Dismisses Hindenburg's Allegations Against Adani Group Companies
Markets regulator Securities Exchange Board of India (SEBI) has dismissed allegations of stock manipulation levelled by US Short Seller Hindenburg Research against Adani Group Chairman Gautam Adani and the group's companies.
-
What Is IEEPA, The Emergency Law That Trump Used To Justify Tariffs
The International Emergency Economic Powers Act (IEEPA), enacted in 1977, gives the US President broad authority to regulate economic transactions once a national emergency is declared.
-
Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
-
What Is A Digital Services Tax That Can Increase Trump Tariffs
A Digital Services Tax (DST) is a levy on the revenue that large digital companies earn from users in a country, even if the company has no physical office there.
-
"Show Respect Or Consider Consequences": Trump's Latest Tariff Threat
US President Donald Trump has threatened on Monday to impose "substantial" new tariffs to restrict American chip exports to all countries that impose digital services taxes and related regulations on US tech firms.
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
