International Business News – Recently, there is news that, in addition to the RMB settlement business with India, Russian officials, when reporting to the Russian president not long ago, said that they would use RMB to […]
International Business News – In early trading on the 5th, offshore RMB rose strongly above the 7.00 mark against the dollar for the first time in September, rising 450 points during the day to a high […]
The U.S. Federal Reserve announced on June 15, local time, that it would raise the benchmark interest rate by 75 basis points to an annual level of 1.5-1.75%. This is the largest rate hike by […]
It has plummeted by about 50% and rebounded by nearly 200%. Since the beginning of this year, the exchange rate of the Russian ruble against the US dollar has been on a “V”-shaped roller coaster. […]
Deutsche Bank warned that the Bank of Japan’s bond-buying policy to achieve its yield curve control (YCC) target could cause financial markets “dramatic , unpredictable nonlinear” fluctuations, and the yen completely lost its fundamental valuation […]
U.S. stocks edged higher late Tuesday, with the Dow up 100 points. The market appeared to shake off Target’s earnings warning. U.S. Treasury Secretary Yellen said the U.S. is facing an “unacceptable level of inflation” […]
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