China’s main bank said it will keep its money policy relaxed to help the economy, even though outside forces are tightening. The decision was made during a meeting that looked at how China’s growth is doing in the first part of the year. The economy seems steady overall, but it still struggles with
Banks need three things from a blockchain that most public chains miss: the ability to keep parts of a transaction hidden, a reliable order of operations that can’t be hijacked by bots, and tools that let them prove compliance without broadcasting secrets. Public ledgers expose every move to anyo
Bank of America’s analyst Ming‑Hsun Lee has refreshed his view on the Chinese tech firm Pony AI Inc. , keeping a Buy rating and suggesting a target price of HK$148. 00 for the stock. Lee’s focus is on consumer‑cyclical companies, and he has a solid track record: an average return of 16. 5 % and a su
China has asked all parties involved in the current fighting between Iran and other forces to open the door for honest and meaningful talks that could bring peace. The statement came from a spokesperson for the Chinese foreign ministry, who said it is urgent to push for dialogue and use any chanc
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
China's foreign minister, Wang Yi, had a chat with his Afghan counterpart, Amir Khan Muttaqi, over the phone. He suggested that Afghanistan and Pakistan should sort out their issues by talking, not fighting. Wang advised both sides to stay calm and meet face-to-face soon to stop the fighting and tal
China hit a 5 % growth target in 2025, but the headline numbers hide deeper worries. A housing slump and trade friction with the United States add to a problem that may be harder to solve: young people’s faith in their future. Many millennials and Gen Zers are trading down on everything—from fash
Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
China is turning its focus toward cutting‑edge science to stay ahead of the United States. The country’s leader has set a five‑year plan that pushes investment into fields such as artificial intelligence, quantum chips, new energy sources and next‑generation communications. These areas are see
