South Korea is making some big moves to boost its economy. The finance ministry is planning to create a sovereign wealth fund, similar to those in Singapore and Australia, by the first half of next year. This fund will help manage state-owned properties worth a whopping 1, 300 trillion won. The goal
A big change is coming to college sports, and the University of Utah is at the center of it. The school is teaming up with Otro Capital, a private equity firm from New York. This deal could bring in up to $500 million, which is a lot of money for any sports program. The firm will own a small part of
China has taken another step to tighten its grip on digital currencies. This time, the focus is on tokenizing real-world assets. This move comes after years of strict rules on cryptocurrencies. In 2017, China banned initial coin offerings and domestic exchanges. By 2021, the country had completely o
Mauritius, a stunning island in the Indian Ocean, is a dream destination for adventurous travelers. Its white-sand beaches, coral reefs, and waterfalls attract visitors from around the globe. In 2024, the island saw a record number of tourists, with 1. 5 million people exploring its beauty. However,
Nextdoor's stock price shot up by nearly half its value recently. This big jump happened because a well-known hedge fund manager, Eric Jackson, shared his positive views on the company. Jackson, who runs EMJ Capital, thinks Nextdoor is often misunderstood. He argues that Wall Street is undervaluing
Surf, a platform using AI to analyze digital assets, just got a big financial boost. They raised $15 million, with Pantera Capital leading the charge. Coinbase Ventures and DCG also pitched in. This cash is for Surf 2. 0, which will bring fancier models and more data. Surf's tools help exchanges an
In 2025, state policies are playing a bigger role in shaping business performance than the economy itself. New laws are changing how companies handle labor, the environment, privacy, energy, and even how they report their impact. A recent study found that nearly one-third of businesses have faced lo
Florida has been making headlines lately for its high number of executions. In a recent case, a 58-year-old man named Mark Geralds was put to death for a crime he committed over three decades ago. This was the 18th execution in Florida this year alone, setting a new record for the state. Geralds wa
Wrexham, a historic soccer club from Wales, is making waves. The team, owned by famous actors Ryan Reynolds and Rob Mac, has just brought in a new partner: Apollo Sports Capital. This U. S. company is investing in Wrexham's future, including upgrades to their stadium and the local area. This isn't
Prologue Entertainment, a new production company, has teamed up with The Atlantic to turn its news stories into TV shows and movies. This deal means that The Atlantic's journalism could soon be the basis for both scripted and unscripted projects. Prologue, which is supported by RedBird Capital, will
