Finance - News for amigos, by amigos

Asset Digitalization: Transforming Finance and Facing New Challenges 🚀

My News2025-02-2202 mins

Asset digitalization is revolutionizing finance, but virtual assets present new challenges. Explore insights from global experts at the 2025 World Economic Forum.

RBA Cuts Cash Rate to 4.1% in First Move Since 2020

My News2025-02-1801 mins

The Reserve Bank of Australia has cut the cash rate by 0.25% to 4.1%, marking its first rate cut since 2020. The central bank remains cautious on future policy moves.

China’s Yuan Loans Surge by $706 Billion in January 🚀

My News2025-02-1401 mins

China’s yuan-denominated loans surged by $706 billion in January, with the money supply and social financing also on the rise. Foreign exchange reserves remained steady at $3.2 trillion.

Senate Hearings Address CFPB Closure and Impact on Financial Oversight

My News2025-02-1102 mins

Senate hearings highlight the closure of the CFPB and its impact on financial oversight, with Senator Elizabeth Warren warning of weakened consumer protection.

China Empowers SMEs with New Global Expansion Measures

My News2025-02-1101 mins

China’s MIIT unveils new measures to help small and medium-sized enterprises expand globally, focusing on policy support and financial backing.

India’s RBI Slashes Interest Rates for First Time Since 2020 📉💸

My News2025-02-0702 mins

India’s RBI cuts interest rates for the first time since 2020 to boost economic growth amid slowing GDP figures and global uncertainties.

HKEX Chairman Carlson Tong Predicts Bright Future for Hong Kong’s Stock Market

My News2025-01-2303 mins

At the 2025 World Economic Forum, HKEX Chairman Carlson Tong shared his optimistic vision for Hong Kong’s stock market, highlighting 2024’s successes and unveiling strategic plans for 2025.