Yearly Archives: 2023

Digital RMB cross-border retail payment cooperation enters the second phase of testing

On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the...

Wall Street analysts and average investors are slightly bearish on gold, survey shows

On June 25, a survey by the precious metals website Kitco showed that both Wall Street analysts and ordinary retail investors were slightly bearish...

Russia remains the only country in Europe to see food prices drop in May

Russia remained the only country in Europe to see a drop in food prices in May, with a record 1.12% fall in annualized terms,...

Japan plans to issue a new version of banknotes in July next year

On June 25, it was reported that the front of the new 10,000-yen banknote was printed with a portrait of industrialist Eiichi Shibusawa, known...

Moody’s revises baseline assumptions for Fed’s monetary policy

On June 25, Moody's believed that compared with the last time, the rating agency's baseline assumptions for the Federal Reserve's monetary policy have changed...

ECB Vice President Guindos: ECB enters final phase of rate hike

On June 25, Guindos, the vice president of the European Central Bank, said in an interview with the Spanish Abezai newspaper that the European...

SWIFT: Renminbi remains the world’s fifth most active currency in May

According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency...

Unraveling the Effects: What Happens When Bond Yields Rise

Bond yields play a significant role in the global financial markets, influencing borrowing costs, investment decisions, and economic conditions. When bond yields rise, it...

Web 3.0: A Comprehensive Guide to Accessing the Next Internet Era

The evolution of the internet has led us to the dawn of Web 3.0, a new era characterized by decentralization, blockchain technology, and enhanced...

The Returns in Mutual Funds: What You Need to Know

Mutual funds have emerged as popular investment vehicles, offering individuals the opportunity to participate in diversified portfolios managed by professionals. When considering investing in...

The Price of 1 Gram of 18K Gold: What You Need to Know

Gold, with its timeless allure and enduring value, has captivated humanity for centuries. As a sought-after precious metal, gold's price fluctuates in response to...

Exploring the World’s Most Resilient Currencies: An Overview

In the vast global landscape of currencies, some stand out for their exceptional resilience and stability. These currencies serve as pillars of strength in...

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With each newly-published article, we explore more of what this planet has to offer us, and what we can offer it.