After Blockbuster IPO, China's Memory Giant CXMT Plans Second Chip Plant In Beijing

Doug Casey On The End Of Honest Markets Via InternationalMan.com, International Man: Markets are supposed to reflect economic reality. But when central banks suppress interest rates, governments debase currencies, and major powers manipulate oil prices for political purposes, can any market still be considered honest? Doug Casey: Almost all markets are distorted in some way by government intervention. Interest rates are the price of money itself. They’re the blood of an economy; when they’re manipulated, it amounts to blood poisoning. Currencies have become nothing more than floating abstractions. They move up and down by government fiat. The...

Endgame Finally? Iran Peace Deal Signing Expected Within 24-Hours, Technical Talks To Follow, Pakistan's Sharif Says After Friday witnessed a rare moment of agreement between Tehran and Washington saying that indeed a peace deal Memorandum of Understanding (MoU) is indeed 'very close' - there's been more color issued by Pakistan. The country's Prime Minister Shehbaz ​Sharif said that the United States and ​Iran have ​agreed to the final text of the agreement, but that curiously Pakistan is now preparing for an electronic ​signing ​expected ⁠within the next 24 ​hours. Is this going to be...

OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company. Australian billionaire James Packer, best known as the former head of the Packer family's media and casino empire, is expected to be among a group of investors lined up to support...