- Apr 25, 2024
China Buys Gold, Ditches US Debt: $100B FX Reserve Swing
In the first quarter of 2022, our country's foreign exchange reserves decreased by $62.2 billion, and in the second quarter, they decreased significantly again by $116.8 billion.The third quarter cont...
Read More- Apr 12, 2024
US Holds Rates, Yuan Advances, 44 States Seek Currency Autonomy, Musk Warns
With the steady growth of China's economy and the continuous expansion of its opening up to the outside world, the status of the Renminbi (RMB) in global trade finance has significantly improved.In 20...
Read More- Apr 10, 2024
Nippon Steel to Acquire US Firm; Biden May Block Deal
U.S. President Joe Biden is planning to block the acquisition of a U.S. steel company by Japan's Nippon Steel Corporation, with the decision potentially being announced later this week.The U.S. govern...
Read More- Apr 08, 2024
European Auto Stocks Hit Bottom, Yet Investors Shun
European automotive stocks are currently very unpopular, to the extent that investors are continuously reducing their holdings.The issues plaguing the European automotive industry have led to valuatio...
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