Month : June 2025

Featured News

BlackRock bets on Ethereum with $48.4 million acquisition

omandailynews.com
BlackRock has made a substantial investment in Ethereum, purchasing 19,070.96 ETH valued at approximately $48.4 million. This move underscores the growing interest of institutional investors in diversifying their portfolios with digital assets beyond Bitcoin. As one of the largest asset management firms globally, BlackRock’s latest acquisition marks a significant step in the......
PR Newswire

UGREEN Brand Anniversary 2025: Powering Every Percent of Your Journey

omandailynews.com
RIYADH, Saudi Arabia, June 9, 2025 /PRNewswire/ — Since 2012, UGREEN has focused on creating innovative electronics and accessories that enhance and enrich daily life and work. In celebration of its Brand Anniversary 2025, UGREEN is showcasing the UGREEN Uno Series and the all-new UGREEN ClipBuds Magic True Wireless Earbuds. These innovative......
News

Scientists rule out planet x in 75 percent of suspected sky regions

omandailynews.com
American planetary scientists have significantly reduced the probability of the existence of the hypothetical ninth planet, commonly referred to as “Planet X,” following an extensive survey of the outer solar system. Utilizing the PAN-STARRS1 telescope in Hawaii, the research team has effectively ruled out Planet X’s presence in approximately 75 percent......
Business

Deflation deepens in China with factory-gate prices plunging in May

omandailynews.com
China’s consumer prices declined for a fourth consecutive month in May, heightening concerns over persistent deflation and sluggish domestic demand despite ongoing government stimulus efforts. Data released by the National Bureau of Statistics on Monday indicated that the consumer price index (CPI) dropped 0.1% year-on-year, slightly better than the 0.2% decline......
Business

China exports to US plunge 34.5 percent in sharp May collapse

omandailynews.com
China’s exports to the United States collapsed in May, plunging 34.5% year-on-year in the sharpest drop since the pandemic-era crash of early 2020. The dramatic fall underscores escalating trade tensions and the deepening economic fallout from tit-for-tat tariffs between Washington and Beijing, even as both sides attempt to stabilize relations. Overall, China’s exports were 4.8% up in......
Business

Rents decline across most US metros in May

omandailynews.com
Rents declined across most major U.S. metro areas in May, marking the largest year-over-year drop in two years as rising supply outpaced demand, according to new data from Redfin. Out of 44 major core-based statistical areas analyzed, 28 recorded annual rent decreases, the highest count since September 2023. The national median asking......
Business

Japan allocates $139 billion to upgrade aging infrastructure

omandailynews.com
Japan’s Cabinet has approved a comprehensive five-year plan to enhance the country’s disaster resilience, committing more than 20 trillion yen ($139 billion) toward bolstering critical infrastructure through 2030. The sweeping initiative responds to the growing vulnerabilities of Japan’s aging infrastructure and intensifying natural disasters. The plan, outlined in detail on Friday,......