• September 24, 2022

The Remarkable Janet Yellen

The economics profession continues to struggle with gender inequality, with data showing “the gender gap in economics is the largest of any academic discipline.” So what can we learn from a …

This Is How Technology Can Be Used For Good

In which way will technology be used for good? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. …

How To Buy Corporate Bonds At 5% Discounts And 10%+ Yields

Today we’re in a situation that looks a lot like 2016. And back then, some savvy contrarians tapped it to grab quick 62%+ returns. The same setup is back again—and so …

Shares in Luster LightTech, a supplier of screening equipment and optical cable, rose by 55.4% on their debut at the Shanghai Stock Exchange on Tuesday, minting China’s newest billionaire.

Chairman Yao Yi holds a more than 55% stake in the company worth $1 billion at yesterday’s closing price of 34.08 yuan a share. Beijing-headquartered Luster employs more than 1,600 people.

Yao holds a Ph.D. in telecommunications from Beijing Jiaotong University, according to his LinkedIn page.

China is home to the world’s second largest number of billionaires after the United States.

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