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Home > Latest

Lates News

date
30/05/2025
Insiders say that Musk's dismissal as a special government employee was "decided at the senior official level".
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China Shipbuilding: Chairman of the Supervisory Board Shen Liang resigns
1 m ago
Hong Kong Stock Exchange: BlackRock's stake in China Petroleum shares decreased from 7.04% to 6.70% on May 27th.
1 m ago
Hong Kong Stock Exchange: BlackRock's stake in China Petroleum shares decreased from 7.04% to 6.70% on May 27th.
2 m ago
HKEX: Morgan Stanley reduced its long position in Bilibili from 5.97% to 4.97% on May 26th.
2 m ago
Convera strategist George Vessey stated in a report that the pound is facing some temporary selling pressure as investors adjust their portfolios at the end of the month. He said the pound's strong performance so far this month makes it vulnerable to these end-of-month capital flows. However, he said the pound could quickly recover its earlier gains and rise to $1.40 by the end of the year. He stated that this premise is supported by the ongoing "sell the U.S." trade due to weakened confidence in U.S. decision-making and deteriorating U.S. economic prospects. This appreciation also requires the UK economy to remain resilient and the Bank of England to exercise caution in interest rate cuts. According to FactSet data, the pound fell 0.1% to $1.3479, after touching a three-year high of $1.3594 on Monday.
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