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Offshore Yuan Falls Below 7.3 as Yen Hits New Low

Offshore Yuan Falls Below 7.3 as Yen Hits New Low

On June 26, at approximately 18:15 Beijing time, the offshore RMB breached the 7.3 mark against the US dollar, marking a new low not seen since November last year. The weakening of the yuan has been a...
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Treasury Yield Dips Below 2.5% in Asset Drought

Treasury Yield Dips Below 2.5% in Asset Drought

In recent developments within the financial markets, the yield on 50-year government bonds has dipped below 2.5%, signaling a notable shift in the dynamics of the bond market. As market participants g...
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Vietnam's H1 Growth at 6.42%: Recovery in Sight?

Vietnam's H1 Growth at 6.42%: Recovery in Sight?

The recent data released by the General Statistics Office of Vietnam presents a positive picture of the country’s economic performance in the first half of 2024, with the Gross Domestic Product (GDP) ...
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U.S. Edge of Bankruptcy: $3T Debt Burden

U.S. Edge of Bankruptcy: $3T Debt Burden

As the fiscal year 2024 comes to a close, the financial landscape of the United States reveals alarming truths. The staggering federal budget deficit, which reached an eye-watering $1.83 trillion, has...
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Nvidia Drags US Bull Market to Brink

Nvidia Drags US Bull Market to Brink

As we navigate through the fluctuating landscape of the financial markets, particularly the U.S. stock market, concerns have emerged regarding its resilience. Since the beginning of the year, many ana...