Sean 'Diddy' Combs Aims to Create New Black Wall Street via Online Marketplace Globally Empower

Sean "Diddy" Combs would like to enhance the Black dollar: The music entrepreneur is spearheading the creation of a new online marketplace called Empower Global that will exclusively feature Black-owned businesses.

"I want to create our own Black Wall Street," Combs ...

The words from the central bank are the focus as European markets end on a slightly higher note; fintech Wise is up 16%.

Tuesday was mostly a bad day for European markets, but they ended on a cautiously optimistic note as investors listened to what central bankers said at the ECB Forum in Sintra.

After six straight down days, the pan-European Stoxx 600 finished with a tentative gain of 0.09%.

Th...

The Korean government wants to make the telecoms market there more competitive.

The three telecom companies in Korea, SK telecom, KT, and LG Uplus, have all been monopolies for more than 20 years. To change this system, the Korean government will lower the fee for giving a new operator a frequency allocation and give the new operator help, such as loans of up to 400 billion ...

European equities end higher on the U.S. debt ceiling agreement; Swedish real estate giant SBB gains 30%.

After U.S. lawmakers enacted a bill to extend the debt ceiling and cap government spending for two years just days before the deadline to avoid default, European financial markets ended the day higher on Friday.

The Stoxx 600 index finished with a gain of 1.5% after Wednesday's two-...

China maintains its low credit rates, boosting most Asian markets, while Tokyo's stock surge continues.

Monday saw gains across Asia as the rebound in Tokyo equities continued and talks to raise the U.S. debt ceiling resumed. The Hang Seng index in Hong Kong gained 1.23 percent, making it the region's best performer, and the Hang Seng Technology index gained 2.17 percent. The People's Bank ...

A psychologist discusses how to respond to six phrases that 'highly narcissistic' people frequently use.

The world is populated with difficult characters, but the narcissist is the only one who cannot be avoided. Typically, they are the most insecure individuals in the room, but they have mastered the art of appearing extremely confident.

As a psychologist who studies narcissism, I've ...

With goals for growth and sustainability in mind, Uniqlo rethinks its retail areas.

Fashion is an important part of life for a lot of people. It also changes all the time and can be very different based on where you live, your age, your interests, and many other things.

If you like Japan and you like fashion, you may already know that Japan has a lot of different fashi...

The stock of First Republic Bank falls roughly 60% in a week.

Concerns about the bank's financial health in the aftermath of two other bank failures led to a continuing decline in First Republic Bank's stock price on Wednesday, which has lost 60% of its value just this week.

After the bank disclosed that depositors withdrew more than $100 ...

The IKEA Story in Japan: A Look Back with Heart

Since opening its first shop in Japan in 2006, IKEA has become a household name there, with numerous locations and a steady stream of loyal consumers. The Japanese market was IKEA's second target after the country itself. The company first sold its wares in Japan in 1974, but by 1986, it had ...

France imposes a charge on Amazon due to disputes over vendor agreements.

According to the statement released by the competition, consumer, and anti-fraud agency (DGCCRF), the corporation will be required to address "a significant imbalance in contractual conditions to Amazon's benefit" by the end of the year 2021. The company missed the March 22 deadline...

A psychologist discusses six phrases that 'highly narcissistic' individuals frequently use and how to respond to them.

The world is filled of difficult personalities, but the narcissist is the one that cannot be avoided. They are typically the most insecure individuals in the room, but they have mastered the art of appearing extremely assured.

As a psychologist who studies narcissism, I've observed ...

Shein, a merchant on the internet, launches a charm offensive in response to criticism

In its ten years in business, Shein has expanded rapidly thanks to its unbeatable prices and constantly rotating selection of new products. The online shop has garnered both supporters and detractors along the road. Its detractors have raised concerns about the company's ties to China, claime...

The conference failed to calm South Korea's semiconductor and auto industries.

Presidents Yoon Suk Yeol and Joe Biden met, but little concrete came out of it to soothe South Korean chip producers' and automakers' concerns about Washington's increasingly protectionist policies, leaving them disappointed. After their meeting on Wednesday, the two presidents held a...

In spite of ongoing concerns about a global economic slowdown, the initial public offering (IPO) market is showing signs of life

Especially in Asia, the global IPO market is exhibiting signs of life as the stock market recovery has empowered corporations to gauge investor interest in fresh listings. The likelihood of a full recovery, however, remains low. Data collated by Bloomberg shows that the first two months of the ye...

Financial, automotive, and battery material gains push Seoul stocks higher at the close.

Automakers, battery materials businesses, and financial institutions were the day's top gainers on the South Korean stock market. The domestic currency depreciated versus the dollar.

After gaining 3.99 points, or 0.16 percent, the Korea Composite Stock Price Index ended the day at 2...

Like a ticking doomsday bomb? One 'Big Short' investor predicts a global financial crisis due to the property market.

Investors in the "Big Short" believe another financial catastrophe is brewing in the real estate market, more than a decade after the U.S. mortgage meltdown nearly destroyed the global financial system. CEO of DeltaTerra Capital, an investment research company that seeks to help clients...

After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.

Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.

After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.

Brent crude fut...

These trends that will have an impact on small businesses in 2023 should be watched closely.

The market is always shifting, so it's important for small businesses to be flexible. No time is better than the beginning of a new year to take stock of how your company can better serve its customers and stay ahead of the competition in the coming year. To assist you in this endeavor, we co...

After a day of ups and downs on Wall Street, the US stock market ends the day with a gain, and the S&P 500 ends its loss streak.

On a volatile day on Wall Street, the S&P 500 managed to finish the day in the black, ending a four-day losing streak as investors tried to make sense of how interest rate policy might affect the U.S. economy. As investors attempted to predict what the U.S. Federal Reserve would do with inter...

As rate increases approach, stocks find it difficult to advance.

Despite the dollar reaching multi-week highs, Asian stock markets were pinned near seven-week lows on Thursday due to investors' concerns that interest rates would need to keep increasing and remaining high to stop inflation in the wake of a slew of positive economic data. The broadest MSCI m...