Foreign Reserves Surge by $500B, Gold Buying Frenzy

An unexpected event has occurred that greatly surprised the United States. It turns out that the U.S. has been busy for three months in vain, as China effortlessly erased the efforts of the U.S. in ju...

ECB's Villeroy: "Very Likely" to Cut Rates in This Month's Meeting

European Central Bank (ECB) Governing Council member François Villeroy de Galhau stated on Monday that it is "highly likely" the ECB will cut interest rates at its next meeting later this month.The h...

Russia Calls for BRICS to Consider IMF Alternatives

"Russia calls on BRICS countries to devise an alternative to the International Monetary Fund (IMF)." This was stated by Russian Finance Minister Anton Siluanov at a seminar on improving the internatio...

Effective Paths for Finance to Empower New Quality Productivity Development

Financial institutions, including the banking, insurance, and securities industries, must leverage innovative thinking and optimized management models to more intelligently, greenly, and digitally pro...

US Stocks Edge Up; S&P, Nasdaq Near Highs; Nvidia Down 2%; Oil at 9-Week High

After the U.S. stock market closed on Thursday, Biden and Trump will hold their first presidential debate, with the economy being an important topic. Prior to this, the latest released data directly p...

Tesla Short Sellers Suffer as Stock Jumps 17% in Two Days, Losing $3.5B

Tesla's second-quarter vehicle delivery report released this week exceeded expectations, which is bad news for the company's short sellers.According to data from S3 Partners, the stock has risen about...

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