Recent shifts in the financial landscape have led to a notable decrease in mortgage rates, following the Trump administration’s controversial tariff announcement. The average 30-year fixed mortgage rate dropped 12 basis points to settle at 6.63%, marking the lowest levels witnessed since October. This drop, while seemingly favorable, is only part of a much deeper
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In an electrifying turnaround reminiscent of a phoenix rising from its own ashes, Hong Kong’s initial public offering (IPO) landscape is experiencing a remarkable revival. Following the groundbreaking claims from DeepSeek, a small yet ambitious AI startup that asserts it can compete with tech giants like OpenAI’s ChatGPT, a wave of optimism has washed over
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