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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 impr...

Oct 12, 2024

Effective Paths for Finance to Empower New Quality Productivity Development

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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, greenl...

Oct 12, 2024

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

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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 rele...

Sep 30, 2024

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

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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 s...

Sep 28, 2024

Unexpected Inflation: Will the Fed Still Cut Rates?

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Unexpected Inflation: Will the Fed Still Cut Rates?

On the evening of October 10th, the United States released its September CPI data, with a CPI increase of 0.2% month-on-month, exceeding expectations of 0.1%, and matching the prev...

Sep 12, 2024

US Sep CPI Rises Slightly More Than Expected: Impact on Fed Rate Cuts?

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US Sep CPI Rises Slightly More Than Expected: Impact on Fed Rate Cuts?

The U.S. Department of Labor has released the latest inflation data for the United States. The data shows that the U.S. CPI (Consumer Price Index) rose by 2.4% year-on-year in Sept...

Sep 09, 2024