In golf, a hole-in-one is a remarkable feat. The odds? Roughly one in 850,000 from a distance of 150 yards – practically a statistical anomaly. Yet, the 2023 LPGA tour recorded 20 such occurrences. How can this be? Simple: a low probability doesn’t necessarily translate to low frequency. Hold on to that thought for a...
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Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
NHK said the founding family will raise over 8 trillion yen from “three Japanese megabanks and major American financial institutions.”
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China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
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Japan exports rise more than expected in October, rebounding from 43-month low
Japan’s trade deficit expanded to 461.2 billion yen ($2.98 billion), compared to September’s revised figure of 294.1 billion yen.
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Stellantis delays Ram electric pickup truck until 2025
Stellantis is delaying the launch of its Ram electric pickup truck from this year until the first half of 2025.
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You could ‘escape from reality’ and cruise around the world until 2028—if you have at least $40,000/year to spend
Villa Vie Residences announced the launch of its Tour La Vie program, starting at $40,000 a year.
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Russia-U.S. tensions briefly hit global markets as Putin lowers the threshold for a nuclear strike
Stocks briefly fell and investors fled to safe haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers.
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Russia says Ukraine attacked it using U.S. long-range missiles, signals it’s ready for nuclear response
Russia has signaled to the West it’s ready for a nuclear confrontation.
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European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.
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Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand’s same-sex marriage law could add 4 million tourists and $2 billion in tourism revenue per year, according to a report commissioned by Agoda.