Stables Labs said in a statement on the X platform that the market price of USDX has deviated from its reference value due to market liquidity conditions and liquidation dynamics. The team has initiated a recovery arrangement designed to provide affected holders with a $1 recovery path based on resource availability. The arrangement is voluntary and does not constitute a guarantee or redemption obligation. Affected holder balances will be identified by an on-chain snapshot and a claim registrati...
For Milan's personal arrangements, Bescent revealed a longer-term plan. With Trump's cronies in place, Powell may face a historic situation of "three votes against" this week! Click to view...
The independence of the Federal Reserve stems from a political arrangement, and public trust is the only thing that gives the Fed credibility.
The independence of the Federal Reserve stems from a political arrangement, and public trust is the only thing that gives the Fed credibility.
According to the Hong Kong Monetary Authority, the optimization of the offshore RMB bond repurchase business was officially launched today. The HKMA announced the optimization of the offshore RMB bond repurchase business in July 2025 to support the reuse of collateralized bonds and foreign currency settlement. The market responded positively to the optimization measures. The first trading day was orderly, with more than 60 transactions from at least 25 Financial Institution Groups involving more...
On July 8, HKMA today announced the optimization arrangements for the offshore RMB bond repurchase business to further facilitate the participation of "Bond Connect" investors in the offshore RMB bond repurchase business. At present, the offshore RMB repurchase business is limited to the settlement of RMB single currency. After this optimization, it can further support the settlement of foreign currencies in multiple currencies, including Hong Kong dollars, US dollars and euros, so as to facilit...
On February 17, a US judge arranged a rare court hearing on Monday's holiday. The case was brought by the attorneys general of Democratic states to protect major federal agencies from Musk's "Department of Government Effectiveness" (DOGE). The judge did not say why the hearing was held, but on Friday, she heard arguments from 13 Democratic state attorneys general for a temporary restraining order aimed at banning DOGE teams from accessing the information systems of several government entities, i...
According to the relevant provisions of the "Notice on Holiday and Market Closure Arrangements for Some Holidays in 2025" (Guangzhou Issue [2024] No. 370), the notice on the trading schedule during the Spring Festival in 2025 is as follows: The market will be closed from January 28th (Tuesday) to February 4th (Tuesday), and the market will be open as usual from February 5th (Wednesday). January 26th (Sunday) and February 8th (Saturday) will be closed for weekends. All member units are requested ...
On December 24th, the National Financial Work Conference was held in Beijing. The meeting pointed out that in 2025, we should implement a more active fiscal policy, continue to work hard and be more awesome, and play a good policy "combination fist". First, increase the fiscal deficit rate, increase the intensity of expenditure, and speed up the progress of expenditure. Second, arrange larger-scale government bonds to provide more support for stabilizing growth and adjusting the structure. Third...
On December 1, the Foreign Ministry Spokesperson answered a reporter's question on the "transit" of Lai Qingde, the leader of Taiwan, to the United States. China firmly opposes any form of official exchanges between the United States and Taiwan, firmly opposes the leader of the Taiwan authorities trying to reach the United States under any name and for any reason, and firmly opposes any form of connivance by the United States to support "Taiwan independence" separatists and their separatist acts...