In an exciting development for the entertainment landscape, iQiyi, China’s leading video streaming platform, has announced its inaugural theme park, aptly named “iQiyi Land.” Slated for opening in Yangzhou, Jiangsu province, this ambitious project embodies the burgeoning notion of the experience economy. The park’s innovative offerings aim to blend cutting-edge technology with beloved characters and
Global Finance
In a resolute move aimed at bolstering consumer security, New York Attorney General Letitia James has introduced a landmark piece of legislation dubbed the Fostering Affordability and Integrity through Reasonable Business Act. This initiative comes at a vital juncture as consumers grapple with mounting challenges posed by deceptive lending practices, aggressive debt collection, and exploitative
China’s venture capital scene is witnessing a remarkable transformation, largely catalyzed by the breakthrough developments achieved by DeepSeek in artificial intelligence. After three years characterized by a stark decline, the investment landscape is rapidly shifting. DeepSeek, an emerging player on the global AI stage, unveiled its OpenAI competitor earlier this year, sparking renewed interest from
In recent weeks, the Hong Kong stock market has attracted unprecedented attention from mainland Chinese investors, who are enthusiastically repositioning themselves in the region. This marked influx has been noted with a striking record of net purchases hitting 29.62 billion Hong Kong dollars (approximately $3.81 billion) in a single day, the highest since the inception
In the ever-evolving landscape of American finance, the tug-of-war between banks and regulatory bodies has taken an unexpected turn. Traditionally viewed as adversaries, the Consumer Financial Protection Bureau (CFPB) and banks now find their interests converging in the face of potentially crippling administrative changes. Driven by the winds of political change and technological advancement, this
The recent wave of layoffs executed by the Trump administration is set to redefine the dimensions of unemployment assistance in the United States. With hundreds of thousands of federal workers facing job loss, the scale is staggering and represents an impending crisis for the nation’s unemployment benefits system. The focus of these cuts, led by