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India has the second highest rate of diabetes in the world, and with the monthly fee reduced to $14, why are GLP-1 weight loss drugs still not selling well?

India has the second highest rate of diabetes in the world, and with the monthly fee reduced to $14, why are GLP-1 weight loss drugs still not selling well?

The Indian weight-loss drug market is serving as a cautionary tale for the global pharmaceutical industry regarding market expectations. Despite the large-scale generic production of GLP-1 drugs in India and prices dropping to $14 per month, sales have fallen far short of expectations, revealing deeper cultural, social, and regulatory barriers

A U.S. appeals court ruled that sports prediction contracts are not swaps, dealing a major blow to prediction market firm Kalshi.

A U.S. appeals court ruled that sports prediction contracts are not swaps, dealing a major blow to prediction market firm Kalshi.

Prediction market firm Kalshi lost a key legal ruling, and its sports prediction products in Nevada face continued regulatory pressure. On August 28 local time, the U.S. Ninth Circuit Court of Appeals ruled that the Nevada Department of Gaming Regulation can continue to treat sports betting markets as unlicensed

CITIC Bank's 106 trillion yuan "settlement transformation" test

CITIC Bank's 106 trillion yuan "settlement transformation" test

CITIC Bank hopes to bring payment and settlement to the forefront of customer management. As early as 2024, in its "Five Leading" strategy, the bank proposed to build a "leading transaction settlement bank". After entering the new round of "Three-Three Strategy" in 2026, payment

The yen fell below the 160 mark, and Bessant defended last month's intervention: disorderly yen movements will push up US interest rates.

The yen fell below the 160 mark, and Bessant defended last month's intervention: disorderly yen movements will push up US interest rates.

The yen has fallen below the key psychological level of 160 against the dollar again, erasing more than half of the gains made by the previous joint intervention by the US and Japan, and market expectations for a new round of intervention are rising. Federal Reserve Chairman Warsh's

Moderna's melanoma vaccine data receives recognition; fifth institution upgrades its rating.

Moderna's melanoma vaccine data receives recognition; fifth institution upgrades its rating.

Moderna has received another rating upgrade. Boosted by the latest clinical data on its melanoma cancer vaccine, the company has seen a series of bullish ratings from multiple institutions in a short period, indicating a significant shift in market sentiment. This week, Argus Research upgraded Moderna's rating from

Chevron plans to expand its Venezuelan oil operations; the Trump administration is negotiating oil field leases for up to 100 years.

Chevron plans to expand its Venezuelan oil operations; the Trump administration is negotiating oil field leases for up to 100 years.

U.S. oil giant Chevron is in talks to expand its operations in Venezuela, reflecting the latest developments in the deep involvement of U.S. energy interests in this Latin American oil-producing country. According to Bloomberg, citing sources familiar with the matter, Chevron is in talks with Venezuela regarding operating

Walsh is stirring up the US Treasury market, whether he likes it or not.

Walsh is stirring up the US Treasury market, whether he likes it or not.

Federal Reserve Chairman Warsh had signaled his hope that bond investors would focus on changes in the fundamentals of the U.S. economy, rather than trading based on comments from Fed officials. However, so far, the market has reacted in the opposite way. Since taking office as chairman in May,