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A service for banking industry professionals · Friday, March 24, 2023 · 624,212,753 Articles · 3+ Million Readers
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Chinese Renminbi (CNY) News Monitoring

  • Published on Mar 23, 2023

    Xi’s Visit to Putin Reinforces Ties, Opposes U.S., Sidelines Ukraine

    On Wednesday, Xi Jinping concluded a three-day visit to Moscow, where he reaffirmed his friendship with Vladimir Putin and their respective counties’ “no limits” partnership, both of which have weathered Russia’s war against Ukraine. While Xi’s visit was …

    Source: China Digital Times (CDT) - Neutral
  • Published on Mar 23, 2023

    Investors cut bearish bets on most Asian FX as policy rate bets shift: Reuters poll

    Investors turned less bearish on the Chinese yuan and the Singaporean dollar as they cut short bets across most Asian currencies, a Reuters poll found, as fears of a banking crisis likely prompted a shift towards a pause in policy tightening by major …

    Source: Channel News Asia - Public Broadcaster
  • Published on Mar 23, 2023

    “Expert predicts dollar collapse amid banking sector unrest”

    Economist Alexander Nazarov analyzed the current situation in the global economy, especially in light of the crisis affecting US and European banks, which coincides with efforts to curb inflation. Expert Nazarov spoke in a post on his channel in the …

    Source: Asume Tech - Uncategorized
  • Published on Mar 23, 2023

    European stocks fall before BOE; U.S. futures bounce

    European stocks fell, led by banks, as investors assessed key rates decisions in the region. US equity futures climbed, signaling a recovery following a tumultuous day of losses on Wall Street Wednesday. The Stoxx Europe 600 Index slid 0.6 per cent before …

    Source: BNN Bloomberg - Neutral
  • Published on Mar 23, 2023

    Market Hears Dovish Fed Hike and Sells Dollars

    The dollar remains under pressure following the Federal Reserve's rate hike. The market thinks it heard that the Fed was done hiking, even though Fed Chair Powell held out the possibility that "some additional firming may be necessary." The …

    Source: Investing - Neutral
  • Published on Mar 23, 2023

    Hong Kong displays unique advantages in financial oversight amid global turbulence

    Hong Kong File Photo: VCG From the collapse of Silicon Valley Bank to the crisis at Credit Suisse, the international financial market is experiencing a wave of shocks. Facing the current turbulent external market environment, Hong Kong's financial …

    Source: Global Times - Gov't Propaganda
  • Published on Mar 23, 2023

    Russian rouble gains vs dollar after Fed shifts outlook

    Article content MOSCOW — The rouble strengthened against the globally weaker dollar on Thursday after the U.S. Federal Reserve sounded close to calling time on interest rate rises, while weaker oil prices held the Russian currency back from gaining against …

    Source: Financial Post - Center-right
  • Published on Mar 23, 2023

    US Fed rate hike LIVE: Powell's move was expected but not Janet Yellen’s comment

    Fed rate Hike News Live: US Federal Reserve in the latest policy on Wednesday decided to take a much smaller hike in key interest rates by a quarter of a percentage point. The federal funds rate is now between 4.75% to 5%. However, the Fed also signalled …

    Source: Mint - Neutral
  • Published on Mar 22, 2023

    Explainer: What Did The Xi-Putin Meeting In Moscow Achieve?

    Chinese President Xi Jinping has left Moscow after a three-day visit with Russian counterpart Vladimir Putin that was ripe with symbolism as they set their sights on shaping a new world order. But what results actually came from the meeting? On the evening …

    Source: Radio Free Europe - Radio Liberty - Neutral
  • Published on Mar 23, 2023

    Stock Market LIVE Updates: Sensex erases all losses, rises 50 points; Nifty near 17,200; financials, FMCG stocks lead ...

    Stock Market LIVE Updates: Indian shares traded lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes and as the US treasury secretary ruled out …

    Source: The Economic Times - Center-right
  • Published on Mar 22, 2023

    Finding for the right words: Xi backs Putin in Ukraine, plays wait and see on energy

    Chinese President Xi Jinping and Russian President Vladimir Putin have agreed in Moscow to cooperate on a range of economic and business areas, both countries said Wednesday. Xi kicked off his historic, unprecedented etc 3rd term as president by making his …

    Source: Stockhead - Neutral
  • Published on Mar 22, 2023

    XRP Lawyer Warns Of More Anti-Bitcoin Talk Amid Xi Putin Meet

    Amid Chinese President Xi Jinping’s visit to Russia, speculation is rife about the international payments system. As the banking crisis led to huge FUD in the markets, talk is on about risk to the US Dollar’s status as the world’s reserve currency. …

    Source: Coingape - Neutral
  • Published on Mar 22, 2023

    US Senator Ted Cruz Proposes CBDC Ban Amid Growing Republican Pushback

    Republican Senator Ted Cruz proposed legislation late Tuesday to block a central bank digital currency (CBDC) from being issued in the United States, joining a growing chorus of prominent GOP politicians pushing back against the idea. In a statement …

    Source: Yahoo News AFP - Label Pending
  • Published on Mar 22, 2023

    In Moscow, Xi and Putin bury Pax Americana

    What has just taken place in Moscow is nothing less than a new Yalta, which, incidentally, is in Crimea. But unlike the momentous meeting of US President Franklin Roosevelt, Soviet Leader Joseph Stalin, and British Prime Minister Winston Churchill in USSR- …

    Source: The Cradle - Left-wing
  • Published on Mar 22, 2023

    7 Large-Cap AI Stocks to Avoid Like the Plague

    Many institutional and retail investors and traders often embrace fads for relatively short amounts of time. In other words, many entities will buy stocks within a “hot” category for six months to a year. Then they will rapidly sell the same equities as …

    Source: InvestorPlace - Neutral
  • Published on Mar 22, 2023

    CBR increases reserve gold volumes 1 mln ounces in one year

    22 Mar 2023 17:55 MOSCOW. March 22 (Interfax) - The Bank of Russia has resumed disclosing the volume of monetary gold as part of Russia's international reserves. According to the Central Bank, at the beginning of March they amounted to 74.9 million …

    Source: Interfax-Russia - Pro-Government
  • Published on Mar 22, 2023

    Rouble weakens on limited dollar supply; investor eyes on Fed policy

    Breadcrumb Trail Links PMN Business Author of the article: Published Mar 22, 2023  •  1 minute read Article content MOSCOW — The rouble weakened amid limited supply from exporters of dollars and euros on Wednesday, failing to piggy back on rising oil …

    Source: Financial Post - Center-right
  • Published on Mar 22, 2023

    Cryptocurrency trends you should be aware of

    From reaching an all-time high of $3 trillion market value to a complete ban on its functioning, the crypto industry has witnessed a lot in recent years. The crypto and blockchain industry has undergone several changes when it comes to growth and its …

    Source: TDPel Media - Uncategorized
  • Published on Mar 22, 2023

    Why India Needs To Restrict CBDCs To Fewer Applications

    When India already has a popular mobile payments solution that is cost-effective and scalable, what purpose does the CBDC-R solve, ask experts CBDC could be an effective instrument for government transactions and cross-border payments solution Launching …

    Source: Inc42 - Neutral

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