Opinion: Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing

Since so many of these novel investments were pitched as countercyclical alternatives to conventional stocks and bonds — that they'd save investors from a bear market — it's proper to examine how they've failed to fulfil that promise.

Coinbase customers sue over stablecoin that was ‘anything but’

Coinbase Global Inc was sued over its role in the promotion and trading of a stablecoin cryptocurrency that allegedly turned out to be “anything but”.

Wealthy Americans buying second passports, citing pandemic, climate change, political turmoil: report

NEW YORK, May 12 (Xinhua) -- The number of wealthy Americans applying for citizenship or residency in foreign countries has skyrocketed over the past three years as U.S. billionaires, tech entrepreneurs and celebrities look to create a "plan B" for their families, reported major news portal Insider last week, based on interviews with multiple investment migration firms.

Crypto billionaires’ vast fortunes are destroyed in weeks

It’s been a long few weeks since the crypto crowd was partying in Miami.

Boxing great Pacquiao receives knockout blow

BOXING legend Manny Pac­quiao quit the sport that lifted him out of poverty to rumble for the Philippines presidency, but his tough talk on drugs and crime failed to hit the mark with voters.

Almost unbeatable in the ring, boxing great Pacquiao gets knock out blow in Philippine presidential polls

Boxing legend Manny Pacquiao quit the sport that lifted him out of poverty to rumble for the Philippines presidency, but his tough talk on drugs and crime failed to hit the mark with voters.

‘Economy bears have strong argument on slowdown’

Fiji court rules Russian yacht to stay in South Pacific nation for now

WELLINGTON (Reuters) - A Fiji court has ruled that the $300 million yacht allegedly owned by Russian oligarch Suleiman Kerimov and seized by the United States must remain in Fiji for now.

Italy impounds luxury yacht linked to Russian president

ROME (Reuters) -The Italian government ordered police on Friday to impound a luxury yacht worth some $700 million that has been linked in the media to Russian President Vladimir Putin.

Musk’s grand vision for Twitter faces reality check in Asia

The question to be answered over the coming years is how far Musk will stick with his promises of freeing up Twitter — not just in the US, but in the rest of the world.