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China's economy is so uncertain that the wealthy are turning to an underground network to secretly move cash out of the country

Mon, 10/09/2023 - 14:17

Tech Insider

hong kong china skyline — Wealthy Chinese often send money to Hong Kong, where capital flows are less tightly controlled.
Sean Pavone/Shutterstock

Markets, mi-exclusive, Markets, China, china-economy, chinese-markets, money

How Chinese demand for fish maw (swim bladder) fuels a $52 million industry in Uganda

Thu, 10/05/2023 - 09:21

Tech Insider

Fish maw — the swim bladder of a fish — is one of the most expensive dried-seafood products in the world. A Chinese delicacy, it can fetch $450 to $1,000 per kilogram.

Retail, Video, fish-maw, so-expensive, uganda, China, hong-kong

FTX spent $1 million removing one doorway and adding another after a dispute over feng shui, biography says

Mon, 10/02/2023 - 07:13

Tech Insider : Crypto

FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16 — Sam Bankman-Fried.
AP Photo/Seth Wenig

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Sam Bankman-Fried met with the prime minister of the Bahamas to discuss paying off the country's entire roughly $10 billion national debt, biography says

Mon, 10/02/2023 - 06:02

Tech Insider : Crypto

Sam Bankman-Fried leaves court wearing a suit and no tie, and Philip Davis at Afreximbank wears a yellow tie and Bahamas flag pin. — Sam Bankman-Fried and Philip Davis, prime minister of the Bahamas.
Michael M. Santiago/Getty Images; Ernest Ankomah/Getty Images

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A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people

Mon, 09/18/2023 - 10:33

Tech Insider : Crypto

Causeway Bay Hong Kong — Hongkongers walking in Causeway Bay.
Marc Fernandes/NurPhoto via Getty Images

Markets, mi-exclusive, Markets, cryptocurrency, crypto, Fraud, Police

Meet the typical Hong Kong millennial: They're supporting their parents, can't afford to buy homes, and have zero interest in moving to mainland China

Sun, 09/17/2023 - 22:25

Tech Insider : Economy

economy, hong-kong, Millennials, millennial-world, Asia, insider-life, singapore-freelancer

US stocks trade mixed as the Dow caps off its worst week since March

Fri, 08/18/2023 - 16:07

Tech Insider

traders nyse uk brazil flags — Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 6, 2020.
Lucas Jackson/Reuters

Markets, mi-exclusive, Markets, hang-seng, stock-market-news-today, hong-kong, china-economy

Hong Kong's benchmark stock index just closed in a bear market as China's economy wavers

Fri, 08/18/2023 - 13:37

Tech Insider

Chinese stocks China crackdown markets — Chinese stocks have fallen sharply since February.
Jie Zhao/Getty Images

Markets, mi-exclusive, Markets, China, china-economy, chinese-markets, money

Retail, Video, fish-maw, so-expensive, uganda, China, hong-kong

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Markets, mi-exclusive, Markets, cryptocurrency, crypto, Fraud, Police

economy, hong-kong, Millennials, millennial-world, Asia, insider-life, singapore-freelancer

Markets, mi-exclusive, Markets, hang-seng, stock-market-news-today, hong-kong, china-economy

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