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Financial Market

China’s Stimulus Sparks Financial Chaos as Short-Term Rates Skyrocket

China's recent attempt to boost economic growth through a stimulus package has inadvertently triggered widespread financial turmoil, with short-term interest rates soaring to 50%,...
Financial Market

PBOC Reduces Liquidity, Suggesting Short-Term Rate Surge as Transitory

In a move signaling its perception of the recent abrupt spike in short-term borrowing costs as a transitory disruption, the People's Bank of China...
Blog

Billionaire Hedge Fund Manager Bill Ackman Shifts Stance Amid Economic Concerns

Renowned billionaire hedge fund manager Bill Ackman has made a notable change in his investment strategy, shifting his focus from concerns about inflation to...
Investing Guide

‘Big Short’ Investor Steve Eisman Advises Focusing on Stocks Benefiting from U.S. Government Spending

Steve Eisman, famous for his role in 'The Big Short' and his early predictions about the 2007-2008 U.S. housing crisis, has shifted his investment...
Financial Market

S&P Downgrades Egypt’s Credit Rating as Hard Currency Shortage Persists

Egypt faces its second credit rating downgrade this month due to a severe shortage of foreign currency. S&P Global Ratings has lowered the country's...
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