January 5th news, on January 4th, the Shenzhen Stock Exchange held a symposium of foreign institutions to listen to opinions and suggestions on the recent situation of the class A share market. The relevant person in charge of the Shenzhen Stock Exchange said that China's economic foundation is stable, has many advantages, strong resilience and great potential, and the long-term positive supporting conditions and basic trends have not changed. At present, the Shenzhen Stock Exchange is earnestly...
South Korea's financial authorities said on Friday that they will ease foreign exchange controls to improve liquidity conditions in the foreign exchange market as the won fell to its lowest level in 15 years. "Stringent supervision has limited the efficiency of foreign exchange management, and it is necessary to take into account the deterioration of foreign exchange liquidity conditions after recent events," the finance ministry said in a joint statement with the central bank and regulators. Ac...
On December 12th, according to CCTV news broadcast, from December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting said in the deployment of next year's fiscal policy, to implement a more active fiscal policy, increase the fiscal deficit rate, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special project bonds, optimize the structure of fiscal expenditure, and firmly grasp the bottom line of...
Fidelity raised the valuation of X Holdings stock by 32.37% in October, the company's largest monthly adjustment since backing the Elon Musk acquisition in 2022. However, the valuation is still down nearly 72% from Musk's original purchase price of $44 billion. xAI also has ties to X Holdings through equity. Fidelity participated in xAI's $6 billion Series B funding round. It increased the value of those shares by about 70% in October, likely affecting its approach to valuing X Holdings.
Gold Ten Futures, November 5th, this week, under the influence of imported soybeans unloading, customs clearance and other events, the crushing of oil plants was delayed, traders raised prices, the basis was stronger, the downstream purchase and sales sentiment improved, and the number of days for stocking generally increased by 2-3 days. Oil plants' soybean meal went to storage. However, there is still no improvement in the market. First, the supply pressure still needs to be digested. The gap ...
On October 12, Minister of Finance Lan Foan said at a press conference of the State Council Information Office on October 12 that the counter-cyclical adjustment is not limited to four points, and other policy tools are being studied, and there is still a large room for the central government to increase the deficit.
Developers claim that the new Ethereum Improvement Proposal (EIP) will reduce Ethereum's block time by 33% and increase data capacity - thereby increasing overall throughput by 50%. EIP-7781 was launched on October 5 by Ben Adams, co-founder of Illyriad Games, with the aim of reducing block times on the Ethereum network from the current 12 seconds to 8 seconds, increasing aggregate-based latency, and increasing blob capacity.
Iran is ready to improve relations with the world. Sanctions are "inhumane" and hurt ordinary Iranians.
In order to further optimize the business environment and enhance the convenience of cross-border tax payment, since February 2024, the Shanghai Headquarters of the People's Bank of China has cooperated with the State Administration of Taxation and the Shanghai Municipal Taxation Bureau to actively explore a new model of cross-border remittance tax payment business, using blockchain technology implementation of overseas remittance, tax payment, warehousing and other cross-border electronic tax p...
The TON Community has released the TON Validator Information Table, which aims to improve the performance and stability of the TON network, especially in the event of increased expected load. It is reported that this table will collect important data about validator settings.
The Ethereum EVM Object Format (EOF) improvement proposal has been included in the Pectra hard fork and is expected to be executed later this year or early next year. The EOF proposal is a series of smaller changes designed to make a major overhaul of the Ethereum Virtual Machine (EVM), the Ethereum core programming environment. EOF will make smart contracts more developer-friendly, especially for those building decentralized applications using the Solidity or Vyper programming languages. This s...
Market sentiment has improved, with crude oil gaining bottom support; the decline in inventory data will continue to... > >
The asset sell-off that swept the world finally eased, with improved US data and statements from Federal Reserve officials calming markets. The prospect of the Bank of Japan normalizing policy has not been affected, but if a similar situation repeats, it may... > >
Federal Reserve Goolsby: We have seen the improvement in inflation that we expected.
Contextual AI, a startup that sells tools for improving the performance of artificial intelligence models, told Reuters it raised $80 million in a Series A round. The Mountain View, California-based company declined to disclose its post-investment valuation, but data provider PitchBook estimated the figure at around $609 million. The company was led by venture capital firm Greycroft, along with other investors including Bain Capital Ventures and Lightspeed, which had previously invested $20 mill...