Forex

US and Japan Coordinate on Yen Support as Currency Weakness Raises Global Concerns

The US and Japan are moving toward rare coordinated action to prop up the weakening yen, with Washington leaning on the Federal Reserve to limit global spi

Circle Names BlackRock and Visa as Initial Arc Partners, Signaling Institutional Backing

Circle unveiled BlackRock, Visa and others as initial Arc blockchain partners as quarterly revenue rose and shares surged 6% on accelerating stablecoin cir

Amazon’s Zoox to Launch First Paid Robotaxi Service in Las Vegas on Aug. 10

Amazon-owned Zoox will begin charging for autonomous rides in Las Vegas on August 10, its first commercial market and a major step into the robotaxi race.

AMD Shares Slide After Earnings as Investors Demand a Bigger AI Payoff

AMD stock fell about 5% after its latest earnings as investors sought a bigger AI payoff, citing muted upside and margin concerns despite analyst optimism.

Eli Lilly Lifts Revenue Forecast as Obesity and Diabetes Drug Demand Surges

Eli Lilly lifted its full-year revenue forecast as surging Mounjaro and Zepbound sales widened its lead over Novo Nordisk in the weight-loss drug market.

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...

Chinese Yuan Weakens Against US Dollar, Prompting Speculation on Trade Tensions

The China Foreign Exchange Trade System announced that the central parity rate of the Chinese currency, the renminbi or yuan, weakened by 336 pips...

Beijing Stock Exchange launches margin trading and securities lending transactions

The Beijing Stock Exchange (BSE) has announced the official launch of margin trading and securities lending transactions, a move aimed at improving the trading...

HKEX signs cooperation memo with Saudi Arabia exchange

The Hong Kong Exchanges and Clearing Limited (HKEX) made a big move in the world of finance on Monday as they announced they have...

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