On November 29, the foreign exchange market experienced a dramatic shift when the USD/JPY exchange rate plunged by more than 85 points in just a few minutes, hitting its lowest level in months. This s...
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Fed Rate Cut Triggers Market Volatility
On December 19, 2024, the Federal Reserve made a significant policy shift, lowering the federal funds rate by 25 basis points to a range of 4.25%–4.5%. This was the third rate cut of the year, alignin...
US Stocks Plunge as Dollar Surges
In a significant move that has captivated financial markets and economic observers alike, the Federal Reserve announced its decision to lower the federal funds rate by 25 basis points, settling at a r...
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US Stocks Tumble Across the Board
In less than four months, the United States has undergone its third interest rate cut, a move that initially seemed poised to invigorate the financial markets. However, contrary to expectations, the d...
Auto Market Competition: Strategies for Success
The automotive market is experiencing an exhilarating surge as we approach the end of the year. The dynamic between traditional car manufacturers and emerging electric vehicle startups is intensifying...
US Rate Cuts Fuel Global Asset Sell-Off
The recent decision by the Federal Reserve to lower interest rates once again has drawn significant attention, marking the third such adjustment this year. The Fed has reduced the federal funds rate b...
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Germany Offloads 50,179 Bitcoins
The recent sale of 50,179 Bitcoins by a German entity, exchanging them for a staggering $3.3 billion, has once again spotlighted the volatile nature of cryptocurrency and the rare but crucial moment w...
Haier: A Benchmark for Resilient Growth
On December 26, Haier celebrated its 40th anniversary with a commemorative event centered around the theme "Evolution Has Origins; The Ecology Knows No Boundaries." This gathering took place in Qingda...
HK Dividend ETFs Plunge, Hit Limit Down
In a remarkable turn of events in the financial markets, several High Dividend Exchange Traded Funds (ETFs) linked to the Hong Kong stock market experienced a significant price correction, commonly re...
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Mortgage Relief Applications See-Saw
The year 2024 has become a significant turning point for China's real estate market, particularly in the realm of home mortgages. After years of escalating prices and rising interest rates, the winds ...
OpenAI to Reorganize as Delaware Public Benefit Corp.
On December 27, OpenAI's board of directors announced it is assessing the company's structure to better fulfill its mission of ensuring that artificial general intelligence (AGI) benefits humanity. Th...
Chip Battle Heats Up in Automotive AI
In a recent technological communication meeting, Fu Hongwei, the CEO of Smart Software Technology Co., expressed the constraints that come with the increasing complexity and demands of automotive tech...
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