US Rich Hide Cash Abroad

Reading Time : 2 minutesWealthy Americans are moving large sums abroad due to political and economic fears, favoring Switzerland and other offshore destinations.
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Reading Time : 2 minutesWealthy Americans are moving large sums abroad due to political and economic fears, favoring Switzerland and other offshore destinations.
Reading Time : 2 minutesThailand’s $28 billion mega canal project remains an ambitious but uncertain vision. Originally planned to bypass the Strait of Malacca, the idea has given way to a landbridge project, offering a more practical solution for trade. While the canal concept isn’t entirely abandoned, Thailand’s current focus is on developing an efficient overland transport corridor.
Reading Time : 3 minutesTrump recently threatened a 200% tariff on John Deere products over plans to shift production to Mexico. Farmers showed support, but critics like Mark Cuban called it harmful. Experts warned of trade deal violations. As of now, Deere hasn’t changed course, and the tariffs remain unimplemented.
Reading Time : 2 minutesTSMC has proposed a joint venture with Nvidia, AMD, and Broadcom to manage Intel’s foundry division, aiming to revitalize U.S. semiconductor manufacturing. The deal could reshape Intel’s future but faces challenges in integration and regulatory approval. If successful, it may strengthen domestic chip production while redefining industry dynamics among major global players.
Reading Time : 2 minutesPokémon GO’s future under Scopely sparks player concerns about monetization despite continuity in its development team and existing partnerships.
Reading Time : 3 minutesMixue Ice Cream and Tea, with 45,000 stores, tops McDonald’s and Starbucks. Founded in China, it raised $444 million in a 2025 IPO, with shares up 40%. Its mascot, Snow King, and 83-cent treats drive its appeal amid economic woes, doubling locations in two years.
Reading Time : 2 minutesChristie’s AI art auction saw mixed results amid controversy over copyright concerns. Despite this, Refik Anadol’s work excelled, highlighting growing interest in AI-generated art. The auction raised complex questions about the future of AI art.
Reading Time : 3 minutesTrump’s $5M “gold card” offers U.S. residency to rich foreigners, skipping EB-5’s job rules. Set for March 2025, it aims to cut the deficit, but will millionaires bite when Italy’s deal is $260k? With 277,000 global tycoons eligible, it’s a bold bid for cash and talent.
Reading Time : 2 minutesMicrosoft introduces Dragon Copilot, an AI assistant streamlining healthcare workflows by automating tasks and improving patient care.
Reading Time : 2 minutesDeepSeek claims a theoretical 545% profit margin, sparking debate on AI profitability and efficiency.
Reading Time : 2 minutesMicrosoft introduces Majorana 1, a quantum chip using a new state of matter, topological superconductors. With the potential to support 1 million qubits, this innovation could reshape quantum computing. Scientists remain cautious, awaiting independent verification of this bold leap.
Reading Time : 2 minutesBYD’s bold move to offer its “God’s Eye” smart driving system for free shakes up the EV market, challenging Tesla’s $8,800 tech. As competition intensifies, the future of affordable autonomous driving looks more dynamic than ever.
Reading Time : 2 minutesGoogle’s AI co-scientist, part of the Gemini 2.0 platform, promises to transform scientific research by generating hypotheses and expediting discoveries. Early results show significant potential, but ethical concerns and limitations must be addressed through a Trusted Tester Program aimed at responsible exploration.
Reading Time : 2 minutesK-pop stocks are soaring in February, with Hybe leading gains due to BTS’s military discharge. The industry’s global appeal and live events revenue post-COVID are key drivers.
Reading Time : 2 minutesTech mogul Elon Musk, leading a consortium, has made a stunning $97.4 billion bid to seize control of OpenAI, the AI powerhouse behind ChatGPT. This move follows escalating legal battles and accusations that OpenAI has strayed from its original mission.