Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.

State Farm Returns $5 Billion to Auto Policyholders Insured in 2025

State Farm will pay roughly $5 billion in cash-back dividends to auto policyholders insured in 2025. Here's who qualifies and how to check eligibility.

Treasury’s Doubled Bond Buybacks Push Bitcoin Toward $80,000 as ETF Flows Reverse

Bitcoin surged toward $80,000 after the U.S. Treasury said it would double bond buybacks, reversing ETF outflows and weakening the dollar.

Tesla Recalls 3 Million Vehicles in China Over Door Handles

Tesla will voluntarily recall about 3 million vehicles in China over door handle safety and driver monitoring flaws, the country's largest auto recall.

Bessent’s Treasury Bond Buying Drives Inflation Bets to Two-Month High

Scott Bessent's Treasury intervention in bond markets is stirring inflation worries, with breakeven rates hitting two-month highs and testing Fed credibili

Shein Delays Hong Kong IPO to September After Four-Year Listing Struggle

Shein has pushed its Hong Kong stock market debut to no later than September 1, extending a four-year effort to go public across three cities.

30-Year Treasury Yield Tops 5.3%, Highest Since 2007

The 30-year U.S. Treasury yield climbed above 5.3% the week of August 21 as national debt nears $40 trillion, reviving fiscal warnings and 1987 comparisons

Griffin Says Citadel Shed Over $4 Billion of Situational Awareness Bets

Ken Griffin told clients on August 21 that Citadel unwound more than 80% of the risk from its Situational Awareness acquisition, selling over $4 billion in

Ray Dalio Warns Bessent’s Bond Buyback Points to Nearing Debt Crisis

Ray Dalio says the Treasury's latest bond buyback points to a nearing U.S. debt crisis and recommends gold and bitcoin as hedges.

Broadcom Seeks Up to $80 Billion in Debt for AI Chip Financing Deal

Broadcom is in talks to raise as much as $80 billion in debt to finance a custom chip deal tied to the AI infrastructure boom, reports said Friday.

Treasury Buyback Plan Fails to Calm Markets as Bond Yields Rebound

U.S. bond yields rebounded within days of a Treasury buyback expansion, as JPMorgan warned the intervention only delays deeper problems.

UK Watchdog Investigates Trainline, Virgin Atlantic Over Hidden Fees

Britain's CMA has opened investigations into Trainline, Virgin Atlantic and Red Driving School over hidden ticket fees, sending Trainline shares down 15%.

Samsung Unveils Up to $80 Billion Shareholder Return Plan After Chip Rebound

Samsung Electronics will discuss a shareholder return plan worth up to 110 trillion won (about $80 billion) at a Friday board meeting after an AI-driven ch

Ross Stores Jumps Premarket on Upbeat Forecast as Crypto Stocks Rally

Ross Stores rose premarket on Friday after an upbeat forecast, while Coinbase and other crypto-linked stocks rallied alongside Broadcom and BJ's Wholesale.

Cantor Fitzgerald Opens Prediction Market Trading to Institutional Clients on Kalshi

Cantor Fitzgerald will offer institutional clients trading on prediction market platform Kalshi, bringing hedge funds into event contracts for the first ti

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