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20/08/2025
Reserve Bank of New Zealand: If inflation pressures ease, there is further room for interest rates to be lowered.
Latest
1 m ago
Turkish Airlines will invest 300 million euros to acquire a minority stake in Eurowings.
2 m ago
The latest research report from Bank of America deeply analyzes the potential transformative power of stablecoins in the financial system, pointing out that this digital asset, while facing regulatory controversies, has already shown unique advantages in cross-border transactions, retail settlements, and other areas. The report explicitly states that peer-to-peer (P2P) payments across borders are the most disruptive application scenario for stablecoins - compared to traditional banking systems, their settlement efficiency and cost advantages are significant, potentially becoming an important channel for capital flows in emerging markets. It is worth noting that the move by Shopify to allow merchants to accept USDC stablecoins has been seen as a landmark event in retail adoption, while the recent repurchase transactions of UST tokenized bonds on-chain further highlights institutional investors' recognition of the settlement function of stablecoins. In terms of market demand, Bank of America estimates that the potential demand for US Treasury bonds in the next 12 months could reach between $25 billion and $75 billion, but it is not enough in the short term to reverse the supply-demand situation in the bond market.
2 m ago
Bank of America: Stablecoin's disruptive application in cross-border P2P payments may generate demand for up to $75 billion in US bonds annually.
6 m ago
Hong Kong Exchange (00388.HK) announces its interim financial results with a net profit attributable to shareholders of HK$8.519 billion, a year-on-year increase of 39%. Both revenue and profit for the first half of the year reached record highs.
6 m ago
This year, Beijing has received 60% more precipitation than usual for this time of year.
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