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Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
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Interest Rate Surge Reflects Fed Policy That ‘Overstayed Its Welcome’ч
Tuesday's sell-off is "all about interest rates," according to David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management. The increase in the 10-year yield "has significant consequences for the market's internals."
Banks and Finance
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Us-China Tech War: Chinese Semiconductor Output Surged 33 Percent Last Year, Double The Growth Rate In 2020
Beijing's attempts to expand its microchip business via state support, procurement favors, and other positive initiatives have resulted in a surge in invested capital in this field.
Banks and Finance
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China’s Economic Numbers Once Again Have the Skeptics Suspicious
China closed last year with robust exports and factory output, with value-added industrial output up 4.3 percent year on year in December, but with lackluster consumption, with retail sales increasing only 1.7 percent.
Banks and Finance
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Microsoft to Acquire Activision Blizzard for Nearly $70 Billion
"Gaming is the most dynamic and engaging category of entertainment today across all platforms and will be essential to the development of metaverse platforms," Microsoft Chairman and CEO Satya Nadella said in a news statement Tuesday
Companies Discover
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China’s Digital Yuan Wallet Now Has 260 Million Individual Users
The digital yuan innovation underwent tests and validation for two years before entering the mainstream market. The PBOC has since declared its experiment an official success, introducing its digital wallet earlier this year in Chinese versions of iOS and Android.
Forex