In the face of a government shutdown that has continued in recent months, Trump issued a late-night message urging Senate Republicans to repeal the legislative filibuster rule. The move has been dubbed the "nuclear option", but top Republicans have previously clearly opposed this aggressive strategy. Click to view...
Ben Bernanke, the former Federal Reserve chairperson, has called for the central bank to provide the public with a fuller explanation of its interest rate decisions, as well as deeper analysis of potential forecast scenarios. "The release of specific alternative scenarios and their potential implications can drive a subtle but important shift in the Fed's communications strategy," Mr. Bernanke said in a note prepared for Friday's meeting at Fed headquarters in Washington.
The Hang Seng Technology Index rose more than 2% in the afternoon, BYD Electronics (00285.HK) rose 17% to lead the component stocks, and the Hang Seng Index is now up more than 1%.
A number of popular Chinese stocks rose premarket, with Kingsoft Cloud (KC. O) up more than 8 percent, XPeng Motors (XPEV. N) up nearly 7 percent, and Bilibili (BILI. O) and Li Auto (LI. O) up more than 5 percent.
An Italian lawmaker is urging Italy's banking foundations to invest in bitcoin, arguing that such investments could accelerate the country's support for leading cryptocurrencies. However, while the US is pushing for a strategic bitcoin reserve at the national and state level, he does not expect Italy to build a similar reserve anytime soon. Italian lawmaker Marcello Coppo said in an interview last Friday that the banking foundation should put a small...
Markets have been in an absolute frenzy since Trump won the election, but investors question whether the blockbuster performance can continue beyond his inauguration day. "If we expect the deficit to widen...
On December 1, the spokesperson of the Foreign Ministry answered a reporter's question on the US approval of the sale of US $385 million weapons to Taiwan. Q: On November 30, the US Department of Defense announced that the US State Department had approved arms sales to Taiwan totaling US $385 million. What is China's comment on this? A: The US sale of arms to Taiwan seriously violates the one-China principle and the three Sino-US joint communiques, especially the "August 17" communique. It serio...
MARA, a bitcoin-listed miner, issued a statement on the X platform urging the US government to take decisive action to address the challenges posed by bitcoin and seize the opportunities. Its recommendations include: establishing a bitcoin strategic reserve to enhance economic sovereignty; expanding the scale of domestic bitcoin mining to control global computing power; developing mining technologies such as ASIC chips to achieve self-sufficiency; supporting renewable energy mining through tax i...
The document shows that Indian steelmakers have urged the government to immediately impose a temporary tax to discourage imports.