Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments. Source：https://www.cnbc.com/2024/05/17/china-pledges-billions-in-measures-to-support-struggling-property-sector.html

Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside. Source：https://www.cnbc.com/2024/05/17/xpeng-aims-for-flying-car-pre-orders-this-year-with-delivery-in-2026.html

India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say. Source：https://www.cnbc.com/2024/05/17/modi-strongman-rule-raises-questions-on-indias-democratic-decline.html

Steve Jobs' former intern is now a tech CEO who sold his company to Google. He attributes much of his...

European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid continued inflation risks, according to a Nikkei...

One area that has caught regulators' attention is the rapidly growing derivatives market, particularly futures and options trading. Source：https://www.cnbc.com/2024/05/17/cnbcs-inside-india-newsletter-whats-next-for-indias-regulators.html

China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Source：https://www.cnbc.com/2024/05/17/china-economy-april-retail-sales-industrial-production-investment-data.html

Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Source：https://cointelegraph.com/news/bitwise-cio-says-btc-etfs-are-huge-success-and-13f-filings-make-him-incredibly-bullish

The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.” Source：https://cointelegraph.com/news/france-securities-regulator-bybit-warning

BlackRock's COO discussed the firm's GenAI and ChatGPT learnings in a recent interview. Read More Source：https://fortune.com/2024/05/16/blackrock-coo-robert-goldstein-interview-ai-chatgpt/