Renowned Chinese director Zhang Jizhong's company has been ordered to pay a hefty sum of 5 million yuan (approximately 700,000 USD) after losing a lawsuit filed by his ex-wife. The court decision, which came as a result of a divorce settlement dispute, has attracted significant attention and has sparked discussions on social media platforms.
GREEN BAY, Wis. (AP) — After losing to San Francisco in the playoffs three of the last five seasons, the Green Bay Packers wouldn’t mind seeing the 49ers get left out of the postseason entirely. The Packers (7-3) could damage San Francisco’s playoff hopes Sunday by beating the 49ers at Lambeau Field. San Francisco (5-5) dropped to .500 after losing at home to the Seattle Seahawks, though the 49ers remain just a game behind the Arizona Cardinals in the NFC West. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekThe resolution has also reignited debates about the role of the judiciary and law enforcement in South Korea. Questions have been raised about the independence and impartiality of the country's legal institutions, as well as the extent to which political considerations influence the course of justice. In a democratic society, the separation of powers and the proper functioning of checks and balances are essential to preserving the rule of law and safeguarding the rights of all citizens.John was utterly perplexed. How could a washing machine turn into a teddy bear during shipping? He immediately contacted the customer service of the online store and explained the strange situation. After a long and confusing conversation, the customer service representative finally understood the mix-up.
Aston Villa return to winning ways by blowing away BrentfordAs the young woman receives much-needed medical care, investigators are intensifying their efforts to piece together the events leading up to her disappearance and subsequent discovery. The circumstances surrounding her vanishing and reappearance are shrouded in mystery, leaving authorities with more questions than answers.
As the sun sets on the once-dazzling career of Lin Jing'en, one can only hope that she finds the strength to overcome her struggles and rebuild her life. For now, she remains a tragic figure, a reminder of the harsh realities that lie beneath the glittering facade of fame.As the investigation intensifies, the authorities are committed to ensuring that justice is served and that the perpetrators are brought to justice. The public's interest in the case remains high as new developments continue to emerge, providing a gripping narrative of deceit, betrayal, and criminality that has captivated the nation.
Global trading powerhouse Jane Street ’s recently made Rs 4.3 crore job offer to an IIT Madras student, reflecting the immense profitability of high-frequency trading firms operating in global financial markets. Meanwhile, this lucrative world contrasts sharply with the reality faced by retail traders , who continue to suffer heavy losses in the cutthroat game of options trading . Often touted as a lucrative opportunity for quick gains, options trading operates as a zero-sum game—profits for some come directly at the expense of others. This dynamic often leaves small retail investors, who are drawn in by the high-risk, high-reward proposition, at a disadvantage. Recent data from the Securities and Exchange Board of India (Sebi) revealed the dire consequences for retail investors venturing into this arena. Sebi ’s study revealed that 93% of retail traders in options markets incurred losses between FY22 and FY24, amounting to a staggering Rs 1.81 lakh crore in total losses. Individual traders lost an average of Rs 2 lakh. Meanwhile, the dominance of global trading firms in the financial markets is built on their ability to deploy sophisticated algorithms that execute trades in fractions of a second, capturing incremental profits that add up to billions. While algorithmic traders at firms like Jane Street use sophisticated strategies to consistently win, the odds are heavily stacked against individual traders, especially those without access to such advanced tools. The disparity in outcomes is stark. Jane Street recently disclosed in a U.S. court that a proprietary options trading strategy employed in India was among its most profitable, earning over $1 billion last year. However, retail investors—who make up a significant portion of the market—face steep losses. According to the Sebi study, only 7% of individual traders managed to turn a profit over the last three years, highlighting the dominance of institutional players. 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Algorithmic firms like Jane Street dominate with high-speed strategies, capturing profits at the expense of smaller players. Also read | ICICI Securities picks 9 counters after DAC clears Rs 21,772-crore acquisition; BEL and HAL key beneficiaries While platforms now offer retail traders access to algorithms, their impact remains limited. The result is a market where institutional players thrive, while success remains elusive for most retail participants, highlighting the persistent inequities in the F&O segment. Sebi has introduced sweeping reforms to address this imbalance, including limiting weekly expiries to one index per exchange and increasing contract sizes for derivatives. These measures aim to curb speculation and volatility but may reduce access for smaller traders, raising the bar for market participation. These developments paint a vivid picture of the inequities within the options trading ecosystem. While institutional firms leverage technology and capital to dominate, retail traders face mounting losses despite regulatory safeguards. SEBI’s interventions may signal a shift toward leveling the playing field, but they also reveal how far the system still has to go to create balance opportunity and risk in the financial markets. Also read | Indraprastha Gas to consider bonus share issuance in December board meeting ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )