Asian Shares Fall Amid Economic Concerns, Down 0.7%Stocks

Asian Shares Fall Amid Economic Concerns, Down 0.7%

Quick Look: Asian shares fell on Monday despite China’s central bank cutting short-term rates by ten basis points. China’s rate…

Russia’s Economy Struggles as Yuan Transactions Face FreezesForex

Russia’s Economy Struggles as Yuan Transactions Face Freezes

Quick Look: Western sanctions isolate Russia from global finance, and yuan transactions are increasingly frozen. US sanctions in June worsen…

India Criticizes China’s De-dollarization at SCO 2024Forex

India Criticizes China’s De-dollarization at SCO 2024

Quick Look: Prime Minister Modi skipped the 2024 SCO summit, sending Foreign Minister Jaishankar instead. India’s decision reflects strategic discontent…

Forex Trading: The Largest Financial MarketplaceEducation

Forex Trading: The Largest Financial Marketplace

Foreign exchange, or forex, represents the world’s largest financial marketplace. It is a global hub where buyers and sellers engage…

China’s Big Fund Invests 344B Yuan in ChipsTechnology

China’s Big Fund Invests 344B Yuan in Chips

Key Points: Big Fund launched in 2014 with 138.7B yuan, 2019’s phase had 204B yuan, and 2024’s phase infused 344B…

Apple Slashes iPhone Price by 20% for 618 FestivalTechnology

Apple Slashes iPhone Price by 20% for 618 Festival

Key Points: Apple introduced a 20% discount on the iPhone 15 Pro Max 256GB for the 618 shopping festival to…

Nio Launches L60 SUV at ¥219,900 Amid EV TurmoilTechnology

Nio Launches L60 SUV at ¥219,900 Amid EV Turmoil

Key Points: Nio launched the Onvo brand: Introduced the L60 SUV, targeting the family car segment with smart Electric Vehicle…

US Oil Inventories Plunges by 3.1M Barrels in MayCommodities

US Oil Inventories Plunges by 3.1M Barrels in May

Key Points: US Oil inventory fell by 3.1 million barrels, signalling tighter supply and potentially higher prices. China plans a…

Gold Prices Climb to $2343.60 Amid Market WatchCommodities

Gold Prices Climb to $2343.60 Amid Market Watch

Key Points: Gold prices rose by 0.3% to $2343.60 per ounce, reflecting a recovery ahead of key US inflation data.…

Oil Prices Drop: Brent at $88.55, WTI at $83.01Commodities

Oil Prices Drop: Brent at $88.55, WTI at $83.01

Key Points Oil prices declined as Brent crude and WTI futures fell, erasing gains from the previous Friday. Israel-Hamas talks…