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Home > Latest

Lates News

date
11/05/2025
Intercontinental Exchange (ICE): As of the week ending on May 6, Brent crude oil speculators cut their net long positions by 12,383 contracts to 97,558 contracts.
Latest
21 m ago
Banks strictly prohibit cashing out credit cards for "gold speculation".
21 m ago
Recently, the price of gold has been fluctuating at a high level and has reached new highs multiple times. Some investors are tempted by the high returns and are trying to profit from gold trading by using credit cards to cash out or misappropriating consumer loan funds. Many related strategies have also appeared on social media platforms. According to reporters, this arbitrage method usually involves first using a credit card to purchase gold at physical gold stores or online platforms during the interest-free period, waiting for the gold price to rise, and then selling the gold to make a profit by paying off the bill and profiting from the price difference. Sometimes, the cost of purchasing gold can be further reduced through credit card discount activities. In response to this improper investment behavior, many banks, such as Industrial Bank, Bank of Communications, Jiangsu Bank, and Guangfa Bank, have recently issued announcements explicitly prohibiting the flow of credit card funds into the gold and stock investment fields, and violators will face control measures. (Economic Daily)
41 m ago
European Central Bank hawks warn: Trade war may drive up inflation and limit further interest rate cuts.
1 h ago
The British aerospace industry is close to reaching a zero tariff agreement with Trump.
1 h ago
Management reshuffle at China Jinmao Group
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