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LATEST

Vanguard drops chilling scam warning for every investor●The stock-market rally now hinges more on AI than oil●Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic●EU waters down 21st Russia sanctions as member states push back on oil cap●Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds●Pakistan crypto chief seeks dialogue after scholar rules against crypto payments●Bank of America says this 107-year dividend giant is on sale●Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says●Vanguard drops chilling scam warning for every investor●The stock-market rally now hinges more on AI than oil●Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic●EU waters down 21st Russia sanctions as member states push back on oil cap●Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds●Pakistan crypto chief seeks dialogue after scholar rules against crypto payments●Bank of America says this 107-year dividend giant is on sale●Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says●

Asia

China extends gold-buying binge to 20th month amid Beijing’s de-dollarisation push

Business - South China Morning Post · 5d ago · 🇨🇳 China

China extends gold-buying binge to 20th month amid Beijing’s de-dollarisation push

China’s central bank extended its gold-buying streak to a 20th straight month in June, adding 480,000 troy ounces (14.93 tonnes) to its reserves as policymakers continued to accumulate bullion amid de-dollarisation discussions. The People’s Bank of China said gold holdings rose to 75.44 million troy ounces (2,346 tonnes) at the end of June. The latest addition extended the longest buying streak since 2015. The steady accumulation underscores Beijing’s drive to diversify its foreign-exchange...

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