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Vishakha Singh

China's Central Bank Balances Yuan Gains to Avoid Market Disruptions

After spending much of the year defending the yuan from significant depreciation, China’s central bank is now focusing on preventing the currency from appreciating too quickly. The yuan has strengthened by 1.3% against the dollar in August, nearly recovering its losses from earlier in the year. As of

Harris’s Convention Speech Draws 29 Million Viewers, Edges Out Trump’s Numbers

Kamala Harris’s convention speech garnered significant attention, attracting 29 million TV viewers and narrowly surpassing former President Donald Trump’s viewership. Overall TV ratings for the Democratic National Convention in Chicago outpaced those of the Republican event last month by 14 percent. The surge in viewership for Harris’s

Alibaba Upgrades Hong Kong Listing to Primary Status Amid Economic Struggles and Tech Rivalry

Alibaba Group Holding Ltd. has secured shareholder approval to upgrade its Hong Kong listing to primary status, a strategic move anticipated to attract substantial investments from mainland China. The decision, formalized on August 28, aligns with Alibaba’s broader strategy to enhance its financial flexibility amid ongoing economic turbulence and

RFK Jr.'s Endorsement of Trump: A Political Gesture with Limited Impact on 2024 Presidential Race

In a dramatic turn of events, Robert F. Kennedy Jr. has withdrawn from the 2024 presidential race and endorsed former President Donald Trump. The announcement came on August 23, 2024, and was followed by Kennedy’s appearance alongside Trump at a rally in Arizona, where the crowd greeted the endorsement

"Foreign Shipping Giants Win Rs 3,000 Crore GST Exemption for FY18 as DGGI Rescinds Tax Demand"

In a major development for international shipping companies operating in India, the Directorate General of Goods and Services Tax Intelligence (DGGI) has granted a Rs 3,000 crore GST exemption for the financial year 2017-18. This significant relief affects 18 foreign shipping firms, including major players like Maersk, Orient Overseas

"Japan's Leadership Shake-Up: Will the Next Prime Minister Be a Trailblazing Woman?"

With Fumio Kishida set to end his term as Japan’s Prime Minister next month, the race for his successor has begun, sparking discussions about a potential historic shift in Japanese politics. Kishida’s abrupt announcement to step down amid a quiet Obon holiday season and ongoing megaquake warnings marks

WazirX to Reopen INR Withdrawals Starting August 26, Caps Limit at 66%

WazirX, a prominent cryptocurrency exchange, has announced that it will lift the complete suspension on INR balance withdrawals beginning August 26, 2024. However, withdrawals will initially be capped at 66% of users’ INR balances. This decision marks a significant move towards restoring normal operations following recent security breaches. The resumption