Asian stocks are showing country-specific action despite a less volatile S&P500. Chinese stocks are skyrocketing as the PBoC has promised a prudent monetary policy to trigger domestic demand. A ... ( read original story ...)
China central bank boosts liquidity support with roll over of medium-term loans
China's central bank bolstered liquidity support for the economy as it rolled over maturing medium-term policy loans with higher cash offerings for the fifth month on Monday, while keeping the ... ( read original story ...)
China central bank ramps up liquidity injection when rolling over medium-term policy loans
China's central bank ramped up liquidity injection when rolling over maturing medium-term policy loans for the fifth consecutive month on Monday, while keeping interest rate unchanged, matching market ... ( read original story ...)
Ethereum’s latest Shanghai update Reveals Ethereum’s Transaction Limitations
Ethereum's Shanghai Update has revealed its transaction limitation, causing concerns among those eager to withdraw their funds. ( read original story ...)
Elon Musk plans AI startup to rival OpenAI, Financial Times reports
Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. ( read original story ...)
China Stock Market May Reclaim Thursday’s Losses
The China stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slipped almost 15 ... ( read original story ...)
Could this Bank in China Bring an End to the U.S. Dollar’s World Dominance?
"21st century warfare involved economic weapons such as sanctions and that warrants 21st century solutions," expert Akhil Ramesh told Newsweek. ( read original story ...)