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Home > Latest

Lates News

date
21/08/2025
Baidu CEO: The company is developing the next generation ERNIE 5 model, which will be released as soon as it is ready.
Latest
2 m ago
The Energy Information Administration (EIA) report states that last week, U.S. crude oil inventories fell more than expected by 6 million barrels due to decreased imports, increased exports, and refineries maintaining high production capacity utilization rates, causing crude oil futures prices to rise. Scott Shelton of TP-ICAP stated in a report that although U.S. crude oil inventory data "may reflect a surge in exports in the coming weeks, I do not think this export speed will continue because the demand for North Sea crude oil seems questionable, and strong freight rates and dwindling inventories of Asian light crude oil make WTI crude oil prices look slightly higher than before. I believe this rebound is a minor rebound in a downtrend." WTI crude oil prices rose 1.6% to $63.35 per barrel for the September contract set to expire today. Brent crude oil prices rose 1.7% to $66.88 per barrel.
2 m ago
After a significant decrease in US crude oil inventories, the Dow Jones crude oil continued to rise.
3 m ago
The risk exposure of American banks to municipal bonds has been reduced to the lowest level since the financial crisis.
3 m ago
Although municipal bond valuations are attractive and new bond issuances are huge, the share of state and local government bonds held by US banks is still at its lowest level since the financial crisis. According to the analysis of Federal Deposit Insurance Corporation (FDIC) data for the second quarter by Municipal Market Analytics, banks collectively hold nearly $295 billion in securities and approximately $190 billion in direct loans to municipalities. This means that municipal securities account for about 1.18% of banks' total assets, the lowest level since the financial crisis.
5 m ago
Argentina is experiencing a liquidity crunch, with President Milei clashing with top banks.
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