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21/08/2025
The US government announced that they have reached an agreement with Google to implement the "Gemini for Government" program.
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3 m ago
Dow Fu Bank became the first third-party custodian to launch services on JPMorgan's digital debt servicing platform, providing blockchain-based debt securities custody services to institutional clients.
3 m ago
DowFu Bank has become the first third-party custody institution to launch services on the JPMorgan digital debt service platform, providing institutional clients with blockchain-based debt securities custody services.
3 m ago
Stock market anomaly | Walmart (WMT.US) plunges more than 4% as Q2 earnings rare significantly below expectations
4 m ago
The U.S. Department of Justice will investigate Federal Reserve Governor Powell and urge him to resign.
4 m ago
Goldman Sachs estimates that Chinese households have excess savings of 55 trillion yuan. 22% of Chinese household financial assets are allocated to funds and stocks, which means that there may be more than 10 trillion yuan of potential funds flowing into the market. Although some views believe that these calculations are slightly extreme, the potential for incremental funds does exist. According to interviews conducted by journalists with personnel from several state-owned large banks, joint-stock banks, and city commercial banks' wealth management subsidiaries, the overall allocation of wealth management funds to the stock market is only between 2% to 5%, and at most will not exceed 10%. Gradual increase in allocation is a high probability event. (First Financial).
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