After suffering under sanctions imposed by its Arab neighbors, Qatar’s economy and country-specific exchange traded fund have rebounded and are growing at one of the fastest clips in the region. The iShares MSCI Qatar Capped ETF (QAT), the lone Qatar equity-related ETF, rose 1.2% Friday and increased 21.5% since its late November lows. Nevertheless, [...] Read more on ETFtrends.com >
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With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of