Here’s what investors should know about trading hours on Thursday. Is the Stock Market Open or Closed on Juneteenth? The New York Stock Exchange and the Nasdaq Stock Market will ... ( read original story ...)
China pushes for a multipolar currency order as dollar dominance shows cracks in a fragmented world economy
An important point to be noted here is that China’s currency, the renminbi, remains tightly pegged to the dollar, causing it to fall in tandem and making Chinese exports more competitive, particularly ... ( read original story ...)
China stocks up slightly as financial forum offers few surprises; HK shares down
SHANGHAI, - China stocks ended slightly higher on Wednesday as top financial regulators at the annual Lujiazui Forum delivered few fresh policy signals. Hong Kong shares fell as geopolitical tensions ... ( read original story ...)
China’s $3B AI Tiger MiniMax Eyes IPO–Could This Be the Next OpenAI?
Backed by Alibaba and Tencent, MiniMax may go public soon--offering investors rare access to China's AI uprising. ( read original story ...)
China’s central bank promotes blockchain and stablecoins as solution to payments
People’s Bank of China (PBoC) governor emphasized blockchain’s role and distributed ledgers for global payments at the Lujiazui Forum event. ( read original story ...)
China’s central bank throws weight behind new, emerging global currency system
China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ... ( read original story ...)
China issues guidelines for Shanghai international financial centre
China issued guidelines for the development of the Shanghai international financial centre on Wednesday, the official Xinhua news agency reported. The country will facilitate cross-border trade and ... ( read original story ...)