Forex

China Bolsters Digital Yuan Reach: 12 New Banks Join E-CNY Network

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

South Korea Secures Oil Lifeline from Kazakhstan Amidst Middle East Tensions

South Korea is close to securing a vital oil supply deal with Kazakhstan, aiming to reduce dependence on the Middle East amid rising geopolitical risks and shipping disruptions.

UK Pauses Chagos Islands Deal Amidst US Opposition and Trump’s Criticism

The UK has paused its plan to transfer the Chagos Islands to Mauritius due to U.S. opposition, particularly from former President Donald Trump, impacting the future of the Diego Garcia military base.

Russia’s Lunar Ambitions Delayed: Mission Pushed to 2028 Amidst Program Setbacks

Russia's space program faces significant delays, pushing its next lunar mission to 2028 amidst budget issues, technical failures, and falling behind global competitors like the US and China.

London Police Arrest Hundreds at Protest Against Palestine Action Ban

Hundreds arrested in London during a protest against the ban on Palestine Action, amid ongoing legal challenges and police policy shifts.

China Bolsters Digital Yuan Reach: 12 New Banks Join E-CNY Network

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

Japan Weighs Bold Oil Market Move to Rescue the Yen

Japan is considering a novel move to support its weakening yen: intervening in crude oil futures markets. Experts have raised questions about the feasibility, risks, and potential efficacy of this bold economic strategy.

SNB Holds Rates Steady, Signals Increased FX Intervention Amid Geopolitical Tensions

The Swiss National Bank will maintain zero interest rates through 2026, increasing its readiness for foreign exchange interventions to manage the strengthening Swiss franc amid geopolitical tensions.

Yen Slides to Two-Week Low as Dovish BOJ Nominations Deepen Policy Uncertainty

The Japanese yen weakened to a two-week low amid uncertainty over the Bank of Japan's policy direction following dovish board nominations and ongoing global trade tensions.

Yen Volatility Returns as Leaders Walk Back Comments on Currency Benefits

Japan’s leadership moved to limit market fallout after comments praising a weaker yen triggered a selloff and sent the dollar back above 155. Officials emphasized the remarks were general and not a directional signal.

Bitcoin Slides Below $80,000 As Thin Liquidity And Fed-Policy Jitters Deepen The Crypto Selloff

Bitcoin fell below $80,000 as thin weekend liquidity and renewed concerns about Fed tightening and balance-sheet reduction triggered a broader crypto selloff that also pushed Ether sharply lower.

JP Morgan CEO Jamie Dimon Slams Trump’s Credit Card Cap as ‘Economic Disaster’

JPMorgan Chase CEO Jamie Dimon has issued a stark warning against former President Donald Trump's proposal to cap credit card interest rates at 10%....

Gold Prices Soar Past $4,800 Amidst Geopolitical Storms and Safe-Haven Rush

Gold prices surge above $4,800 per ounce driven by geopolitical tensions, safe-haven demand, and a weaker US dollar. Explore the factors influencing this record-breaking rally and what it means for investors.

Navigating Forex Volatility: US-China Trade Tensions and Fed Policy Shape Currency Markets

Global forex markets are experiencing significant fluctuations, driven by the ongoing US-China trade negotiations and the US Federal Reserve's monetary policy stance. Investors are...

China’s Central Bank Bolsters Yuan Stability and Eases Forex Transactions

China's central bank and foreign exchange regulator are implementing a series of measures aimed at stabilizing the yuan and streamlining foreign exchange transactions. These...

All You Need to Know About Cryptocurrency Debit Card

The widespread adoption of digital assets has paved the way for financial solutions that connect cryptocurrencies with traditional payment systems. One of the most...

China’s Fiscal Revenue Expected to Improve as Economy Rebounds, Says Finance Minister

China's Finance Minister Liu Kun has highlighted the country's fiscal revenue growth prospects for the year ahead, pointing to an expected improvement in the...

Chinese Central Bank Senior Official Shares Plan to Increase Renminbi’s Global Profile

China is determined to expand the international reach of its currency, the renminbi, in the coming year. A senior official of China's central bank,...

Foreign investment in China surges to $19.02 billion in January

The Chinese economy continues to attract significant amounts of foreign capital, with the actual use of foreign capital on the Chinese mainland hitting 127.69...

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