Regencell Bioscience Holdings Limited, a herbal medicine biotech firm, has experienced an astonishing 46,000% surge in its stock value in 2025, despite generating no revenue since its inception. This Hong Kong-based company, specializing in traditional Chinese medicine for neurological conditions, saw its market capitalization soar to $30 billion.
Related news
Elon Musk reached out to Donald Trump, expressing regret for his critical social media posts after a phone call between the two. This reconciliation attempt follows a public feud sparked by policy disagreements and personal attacks, with Trump previously dismissing any reconciliation.
Following a tragic incident where passengers fell from an overcrowded local train, Indian Railways has mandated automatic door-closing mechanisms for all new rakes manufactured for Mumbai's suburban network. Existing rakes will also be redesigned to include this safety feature. This decision aims to prevent accidents caused by open doors and improve passenger safety on Mumbai's busy local trains.
President Trump vowed to replicate aggressive immigration enforcement nationwide, sparking protests and legal challenges, particularly in Los Angeles. He criticized California's leadership, promising to 'liberate' LA, while tensions escalated following ICE raids and troop deployments. Security tightened at schools, and reactions in Congress were divided, with Trump signaling a firm stance against unrest.
Goa's Health Minister, Vishwajit Rane, addressed criticism after publicly reprimanding a Goa Medical College chief medical officer. While admitting his tone was excessive and promising to avoid similar approaches, Rane defended his intervention, citing a patient denied care.
Captain Sumeet Sabharwal's remains, a pilot in the Air India crash, arrived in Powai, Mumbai, amidst grieving family and friends. The June 12th crash near Ahmedabad claimed 241 lives, including crew and passengers, with DNA identification efforts underway. A London memorial service honored the victims, attended by dignitaries and diaspora members, while one survivor receives medical care.
Amidst nationwide protests against a military parade coinciding with Trump's birthday, two Democratic lawmakers in Minnesota were shot, one fatally, by an assailant posing as a cop. Governor Walz called it a politically-motivated assassination. Earlier, Senator Padilla was detained while questioning Homeland Security. Despite easing deportations, tensions remain high, with critics denouncing the parade as a self-aggrandizing display.
PM Modi has directed the road transport ministry to establish clear standards for highway subcontractors and revise the selection criteria for supervision engineers due to concerns over poor quality work and damaged highways. NHAI has taken action against underperforming construction companies and consultancy firms, including penalties and debarment from bidding.
Elon Musk's net worth increased by $191 million after he expressed regret for his harsh comments about Donald Trump. Musk apologized on X, admitting his posts "went too far." Trump acknowledged Musk's message and expressed his appreciation, according to White House Press Secretary Karoline Leavitt.
Bill Gates, the Microsoft co-founder, reportedly spent over $38 million to create an equestrian haven for his daughter Jennifer in Wellington, Florida. Starting with a rental in 2011, Gates strategically acquired properties, transforming a residential street into a private horse-centric area with barns and mansions. Despite the lavish spending, Melinda Gates emphasized a middle-class upbringing for their children.
In Lucknow's Chinhat area, a 16-year-old girl suffered severe spinal injuries after allegedly being thrown off a roof by a policeman, Mukesh Yadav, who has been arrested. The girl's mother alleges Yadav harassed her daughter and assaulted the family along with his wife and brother-in-law, leading to the incident.