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Trump vows to defend US dollar hegemony, but is it under threat?
US President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency. The system has evolved since that time and several countries have stopped indexing their currencies to the dollar, but without challenging its status as the global reserve currency.
Vietnam court upholds death sentence for property tycoon
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multi-billion dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled. The court said Tuesday that if she returns three quarters of the stolen assets, her sentence could be reduced to life imprisonment.
Dollar sells cheaper in black market as CBN begins new FX trading system
The Nigerian currency, the naira, rose in value against the US dollar in the parallel market on Monday, December 2, 2024, as the banks began trading on a new system.
Who is the highest-paid f1 driver currently? What do F1 drivers earn?
Who is the highest-paid F1 driver? The drivers sign contracts with high salaries, making them some of the top earners in sports. Discover who earns the highest.
Trump says will 'block' Nippon Steel from taking over US Steel
US President-elect Donald Trump on Monday said he would "block" a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts. Days after the US election last month, Nippon Steel said it expected to close its takeover of the company before the end of the year, while US President Joe Biden was still in office.
Asian markets mixed after US-China chip move, euro hit by France woes
Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.
Nepal PM kicks off China visit eyeing investment deals
Nepal's prime minister was in Beijing on Tuesday to meet Chinese leaders, seeking to expand infrastructure cooperation after breaking with the longstanding tradition of new leaders making their first official visit to neighbouring India. The leader of the Himalayan republic is scheduled to meet with Chinese President Xi Jinping and Premier Li Qiang during his visit, which will last until Thursday.
Chinese plus-size influencer spreads body positivity through fashion
Surrounded by racks of colourful dresses and blazers in China's manufacturing hub of Guangzhou, plus-size clothing brand owner and influencer Amanda Yao is on a mission to promote body positivity.
Musk $55.8 bn Tesla pay deal again rejected by US judge
A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote.
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