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The rapidly evolving landscape of digital finance has prompted major central banks, including the Bank of England (BoE), to reconsider their roles in managing currency and banking services. Governor Andrew Bailey has voiced his concerns about the implications of newer technologies and cryptocurrencies infiltrating the daily financial transactions traditionally dominated by commercial banks. His statement
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The complex relationship between the United States and Taiwan is entrenched in historical and political nuances that date back decades. Despite the absence of formal diplomatic relations due to the One-China policy, the U.S. is legally obligated to assist Taiwan in its self-defense capabilities. This obligation often creates friction with China, which sees Taiwan as
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The investment landscape is undergoing a transformative shift, particularly with the increasing prevalence of Exchange-Traded Funds (ETFs). KKM Financial’s recent conversion of its Essential 40 mutual fund into an ETF highlights this trend, reflecting a growing consensus among asset managers regarding the benefits that ETFs offer over traditional mutual funds. As investors and financial advisors
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In a week punctuated by fluctuations in investor sentiment, the Nasdaq Composite managed to achieve a modest increase, bolstered primarily by the performance of megacap technology stocks. On Friday, this index rose by 103.12 points, or 0.56%, closing at 18,518.61. This surge reflects a broader trend where investors seem to be cautiously optimistic as they
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