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.

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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