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04/07/2025
Beseth: Stablecoins could potentially create a demand for 2 trillion US dollars in US Treasury bonds.
Latest
2 m ago
Market Analysis: The US-Vietnam trade agreement is reassuring, but the details are scarce.
2 m ago
The trade agreement between the United States and Vietnam seems to be a positive development for this Southeast Asian country and the broader region. However, analysts suggest that it is not yet time to relax, as the details of the agreement are few and there is significant uncertainty. President Trump has claimed that American goods will enter Vietnam duty-free, while Vietnamese exports to the US will face a 20% tariff, lower than the previously announced 46% in April, but still a significant number. Katrina Ell, Head of Asia-Pacific Economics at Moody's, stated that the agreement will harm Vietnam as the country becomes increasingly reliant on the American consumer market. Chua Han Teng, economist at DBS Group, reported that nearly 30% of Vietnam's exports are to the US, so even with lowered tariffs, it may not be enough to prevent an economic slowdown. The key may lie in the details of the final agreement, which are expected to be finalized in the coming weeks.
2 m ago
Luoxin Pharmaceutical will sell 93.83 million shares at a price of HK$5.02 per share, a discount of 10.99% compared to the previous closing price of HK$5.64 per share. The net proceeds from the sale will be used for business expansion and research and development.
4 m ago
Tianhong Culture (08500.HK): Li Zhiying resigns as executive director.
4 m ago
Taikang Group: The controlling shareholder plans to reduce their holding of the company's shares by no more than 3%.
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