Bond ETFs Fundraising Tops ¥100B
The financial landscape in China has been undergoing a remarkable transformation, particularly in the bond exchange-traded fund (ETF) market. As 2024 unfolds, the continued rise of a "bull market" in ...
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...
Lithium Prices Near $90K; Stocks Dip After Brief Rally
The lithium mining industry, once experiencing a brief period of exuberance akin to a fleeting tourist visit, has plunged into a wave of setbacks and readjustments. As of June 27, 2023, the market has...
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...
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) ...
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...