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Japan's three major banks plan to jointly issue a stablecoin, initially pegged to the yen, with a possible U.S. dollar version in the future.

Japan's three major banks plan to jointly issue a stablecoin, initially pegged to the yen, with a possible U.S. dollar version in the future.

``` Japan’s three major banks will jointly issue stablecoins, marking the country’s shift from regulatory leadership to actual participation in the digital currency market. According to a report by Nikkei on Friday, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will jointly launch a digital

Zijin Mining's Q3 net profit attributable to shareholders was 14.57 billion yuan, up 57.14% year-on-year.

Zijin Mining's Q3 net profit attributable to shareholders was 14.57 billion yuan, up 57.14% year-on-year.

``` On October 17, Zijin Mining released its third-quarter results. The net profit attributable to shareholders in the third quarter was 14.57 billion yuan, a year-on-year increase of 57.14%; third-quarter revenue was 86.489 billion yuan, a year-on-year increase of 8.14%. Continuously updating Risk Warning and DisclaimerThe market

U.S. regional banks are in crisis again, Goldman Sachs calls it "crazy," and these are the three questions clients care about most!

U.S. regional banks are in crisis again, Goldman Sachs calls it "crazy," and these are the three questions clients care about most!

``` U.S. regional bank stocks suffered a steep plunge on Thursday, marking their second worst trading day since the collapse of Silicon Valley Bank in March 2023. This was followed by a surge in client inquiries to Goldman Sachs traders, with investors most concerned about three core issues. The crisis

"Sale" to Wuhan state capital terminated; Bestore's "one share, two sales" predicament remains unresolved

"Sale" to Wuhan state capital terminated; Bestore's "one share, two sales" predicament remains unresolved

``` Regarded by outsiders as the "white knight" of Bestore, Wuhan Guozhi ultimately failed to successfully take control of the troubled snack giant. On the evening of October 16, Bestore announced that, as not all the effectiveness conditions stipulated in the agreement had been met, the transfer of control

Milei’s “Great Defeat”: Forcibly Propping Up a Currency That Should Have Devalued

Milei’s “Great Defeat”: Forcibly Propping Up a Currency That Should Have Devalued

``` According to media reports on Friday, Argentine President Milei's free market reforms have encountered major contradictions regarding the peso exchange rate issue. This radical leader, who once compared his country’s currency to "excrement" and promised to abolish the peso, is now using scarce dollar reserves

Key Verification of the Big Logic Behind the US Dollar: The Next Major US Stock Market Crash

Key Verification of the Big Logic Behind the US Dollar: The Next Major US Stock Market Crash

``` Citibank believes that the next time the S&P 500 Index sells off by more than 5% will be a litmus test for whether the US dollar still possesses safe-haven attributes, and this will determine the medium-term direction of the dollar. According to Chasing the Wind Trading Desk, Citi’

Danger Signals for AI: Growth of Paid ChatGPT Users in Europe May Have Stalled!

Danger Signals for AI: Growth of Paid ChatGPT Users in Europe May Have Stalled!

``` Author: Dong Jing Source: Hard AI ChatGPT, the flagship product of the AI industry, is facing a critical challenge: the growth of paid users in Europe may have stopped, revealing a major signal: the monetization capabilities of AI are being tested. On October 17, according to Hard AI, Deutsche Bank