Hu Shi, linked to the Prince Group's large-scale 'pig butchering' scam operations in Cambodia, was arrested in Japan on June 14 for falsifying public records. This arrest is part of a broader global effort to combat crypto-related fraud, following the U.S. Department of Justice's massive bitcoin forfeiture action against Prince Group in 2025. The crackdown continues as authorities target key figures in these criminal networks to prevent further financial crimes. FBI leadership has emphasized intensified efforts to bring such criminals to justice.
The global onion powder market, valued at approximately $1.34 billion in 2025, is projected to grow to $2.61 billion by 2035 at a 6.2% CAGR. Growth is fueled by rising demand for convenient, shelf-stable natural flavor additives in food processing, s...
The Canadian Salsa Festivals Project (CSFP) announced its largest series of events for 2026, running from June to September. A highlight is the inaugural Salsa at Niagara Falls festival, expanding the celebration to this iconic Canadian destination. ...
Sagimet Biosciences announced its management will participate in the Leerink Partners Therapeutics Forum on July 15, 2026, to engage with investors. The company also granted 34,300 stock options to two newly hired employees as an inducement under Nas...
In 2025, AI-related companies raised at least $200 billion in debt to finance data center buildouts, marking one of the largest tech sector financing efforts ever. Financial expert Jim Rickards highlights that much of this debt is held through comple...
China's consumer spending growth weakened significantly during the 618 online shopping festival, rising only 4% compared to 15.2% last year, indicating persistent weakness in household demand. Retail sales also fell 0.6% in May, the first decline sin...
