Sunday, July 14, 2024

Asia Trade

IMF: Global Economy is Ready for Soft Landing

International Monetary Fund (IMF) President Kristalina Georgieva said she was very confident of a soft landing in the global economy and predicted that the rate cut would begin around the middle of this year. According to Reuters, Georgieva said at...

S&P 500 Surpasses 5,000 Mark

The S&P 500 index, one of the leading stock indexes in the New York stock market, surpassed the 5,000-point mark for the first time in history. On the New York Stock Exchange (NYSE) on the 9th (local time), the S&P...

Will Evergrande’s Liquidation Affects Others?

China Evergrande's interim liquidator appointed by a Hong Kong court said, "The liquidation order will not directly affect other affiliates under the group, targeting only the parent company." According to Taiwan's Central News Agency on the 30th, Tiffany Wong, executive...

Dangers of Demo Account in Trading

Every beginner trader will certainly know what demo account is, but do you know the dangers of these accounts? According to Investor Guide, a demo forex account is a sort of a virtual training program where you get to operate...

China to Ban Limied Stock Lending on 1/29

The Chinese securities authorities announced on the 28th that they will completely ban the lending of limited stock for a certain period of time from the 29th. According to Reuters, the China Securities Supervisory Commission (CSRC) said on its WeChat...

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