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Personal Finance

South Koreans are the world's biggest spenders on luxury goods

Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in Seoul, South Korea, on Tuesday, Dec. 14, 2021.SeongJoon Cho | Bloomberg | Getty ImagesWhether it's calf-leather Italian Prada bags or...

Bitcoin

JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.” Dimon says people have lost billions of dollars...

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