Global central banks have good reason to continue buying gold, with about 80 tonnes reported to be stockpiled each month, but most purchases are kept under wraps. Click to view...
Donald Trump Jr., the eldest son of US President Donald Trump, revealed at the Bitcoin 2025 conference that he and his younger brother Eric pushed for a shift in his father's stance on cryptocurrencies after his family was blocked from banking services for political reasons. Mr. Trump Jr. said the family business's post-2016 experience of "total blackouts" - disruptions to banking, insurance and other services - made it aware of the fragility of the traditional financial system. Although Mr. Tru...
According to foreign media reports, Trump's threat to impose a 25% tariff on iPhone is directly related to CEO Cook's absence from the Middle East trip. View details...
On April 13, the spokesperson of the Ministry of Commerce answered a reporter's question on the US exemption of "reciprocal tariffs" on some products. The spokesperson of the Ministry of Commerce said that the so-called "reciprocal tariffs" issued by an executive order not only violate the basic economic laws and market laws, but also ignore the complementary cooperation and supply and demand relationship between countries. Since the "reciprocal tariffs" were introduced on April 2, not only have...
On March 16, the Central Office and the State Office issued the "Action Plan for special projects to boost consumption". The plan proposes to promote reasonable growth of wage income. Implement employment support plans for key areas, key industries, urban and rural grassroots and small and medium-sized micro enterprises. Continue to implement the unemployment insurance return policy. In light of changes in the situation, increase employment support and promote employment of key groups. Focus on ...
Waltz, National Security Adviser to the President of the United States: The Ukraine minerals deal is currently moving in a positive direction, and if negotiations reach an agreement, Trump will lift the suspension of aid to Ukraine.
1. DeepSeek will lower the cost again: NSA officially announced the release, accelerating reasoning to reduce costs without sacrificing performance. 2. XAI Grok 2 will be open-sourced after Grok 3 is officially available, and Grok 3 will also be open-sourced in the future. 3. Shenzhen responds to the induction of AI civil servants: it only assists government affairs, and cannot make decisions alone. 4. Step Star open-sourced the Step series multi-modal large model for the first time. 5. The Dark...
Analysts pointed out that there is no reason for OPEC to change its plan, and of course, the situation could change in two months. Click to view...
On January 27th, there was news today that the DeepSeek service status page shows that the DeepSeek webpage/API is not available, and the issue is currently being investigated. Yesterday (26th), DeepSeek experienced a short-term flash crash. For the reason why the DeepSeek webpage/API is not available, DeepSeek responded that it may be related to service maintenance, request restrictions and other factors.
Barclays is now predicting that the Fed's quantitative tightening will end in September rather than March, citing the absence of any mention of balance sheet reduction in meeting notes issued last month. The Fed's decision to halt balance sheet reduction is likely to depend more on the ratio of reserves to bank assets than on a specific date, Barclays strategist Joseph Abate wrote in a note. Barclays assumes the Fed wants to reduce reserves to about 12 per cent of assets, a threshold that could ...