News list for " finance and economics"

Analysis: Safe-haven demand drives gold prices higher, but the risk of a stronger dollar remains

Gold futures prices rose on the back of safe-haven demand. Nikos Zabouras, a veteran financial commentator at Tradu, believes that gold has solidified its position as the leading safe-haven asset and become an attractive hedge against inflation. Gold prices have risen nearly 10% this year, helped by President Trump's disruptive operating methods, aggressive rhetoric and potential tariffs that could hit global trade and supply chains. In the uncertain "special...

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2025-02-18 17:10:51
Hong Kong will continue to promote the regulatory system for fiat currency stablecoin issuers and relax the asset appraisal requirements for inbound investors

On February 17, according to the "Hong Kong Information" report, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, China, pointed out in his speech at the annual conference of the Asian Securities Industry and financial marekt Association that the government has gazetted a stablecoin bill last year to introduce a regulatory system for fiat currency stablecoin issuers in Hong Kong. Hong Kong will continue to be an ideal gateway to connect mainland capital markets with th...

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2025-02-17 21:28:50
Hong Kong Securities Supervision Commission Ye Zhiheng: New license for virtual asset trading platform will be approved in the near future

On January 22, according to a report by Zhitong Financial Network, Ye Zhiheng, executive director of the intermediary department of the Hong Kong Securities Supervision Commission, revealed that the new license of the virtual asset trading platform will be approved in the near future, and it is expected that there will be good news in Quarter 1 in 2025. It is reported that the regulator has completed on-site inspections of all applicants, and there are currently 11 platforms in the application l...

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2025-01-22 14:45:20