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Bank of Communications Shanghai Branch Successfully Completes the First Capital Project Digital RMB Currency Bridge Cross-border Settlement Transaction
Bank of Communications Shanghai Branch Successfully Completes the First Capital Project Digital RMB Currency Bridge Cross-border Settlement TransactionRecently, with the guidance and support of relevant departments and the Head Office, Bank of Communications Shanghai Branch successfully completed the first capital project digital RMB currency bridge cross-border settlement transaction, enabling a domestic subsidiary of a Hong Kong-listed company of a multinational group to receive RMB 136 million in capital instantly. The rapid arrival of the digital RMB currency bridge remittance has been praised by the client, not only reflecting the Bank's leading advantage in the field of digital RMB but also showcasing its innovative capabilities in cross-border digital finance...
Blockchain 2024-11-14 10:44:54 -
Rise of the High-End Smartphone Market: Average Selling Price Projected to Grow, Consumer Demand Drives Innovation
Rise of the High-End Smartphone Market: Average Selling Price Projected to Grow, Consumer Demand Drives InnovationAccording to a recent market forecast report by Counterpoint Research, the global average selling price (ASP) for smartphones is projected to increase by 3% year-over-year in 2024, reaching $365 (approximately 2641). This trend indicates that consumer demand for premium devices is on the rise, particularly among high-income earners in both developed and emerging markets...
Mobile Internet 2024-11-14 10:26:18 -
US Stocks Mixed, Dow Edges Up, Tech Mostly Gains with Rivian Surging 13%; Chinese Stocks Mostly Decline, New Oriental Down Over 4%; A-Shares Margin Trading Balance Hits Record High, Brokerages Optimistic About 2025 Market Outlook
US Stocks Mixed, Dow Edges Up, Tech Mostly Gains with Rivian Surging 13%; Chinese Stocks Mostly Decline, New Oriental Down Over 4%; A-Shares Margin Trading Balance Hits Record High, Brokerages Optimistic About 2025 Market OutlookUS stocks closed mixed on Wednesday, with the Dow Jones Industrial Average rising 0.11%, the S&P 500 gaining 0...
Blockchain 2024-11-14 08:46:22 -
Bitcoin Plunges After Hitting All-Time High Amid Rising Fed Rate Cut Expectations, Stocks Mixed
Bitcoin Plunges After Hitting All-Time High Amid Rising Fed Rate Cut Expectations, Stocks MixedU.S...
Blockchain 2024-11-14 08:44:42 -
Fed's "Dovish" Tone Boosts Rate Cut Expectations, Bitcoin Hits New High!
Fed's "Dovish" Tone Boosts Rate Cut Expectations, Bitcoin Hits New High!The US CPI data for October met expectations, rising 2.6% year-on-year and 0...
Blockchain 2024-11-14 08:22:55 -
Apple Launches "Featuring Nominations" Feature: Developers Can Proactively Recommend Apps for Greater Visibility
Apple Launches "Featuring Nominations" Feature: Developers Can Proactively Recommend Apps for Greater VisibilityApple recently announced the launch of the "Featuring Nominations" feature, now available in AppStoreConnect. This feature, first unveiled at the WWDC global developer conference in June, aims to provide app developers with a more convenient way to promote their apps, updates, and new features...
Mobile Internet 2024-11-14 06:57:31 -
Bitcoin Falls Below $88,000, Erasing Daily Gains
Bitcoin Falls Below $88,000, Erasing Daily GainsCailian Press, November 14 - Bitcoin has fallen below the $88,000 mark, retreating over $5,000 from its intraday high, essentially erasing all daily gains. ...
Blockchain 2024-11-14 05:34:55 -
Bank of Communications Qingdao Branch Facilitates the First Pilot Digital Yuan Settlement under the SCO Demonstration Zone's Multilateral Central Bank Digital Currency Bridge Pre-MVP Phase
Bank of Communications Qingdao Branch Facilitates the First Pilot Digital Yuan Settlement under the SCO Demonstration Zone's Multilateral Central Bank Digital Currency Bridge Pre-MVP PhaseRecently, Bank of Communications Qingdao Branch successfully handled the first pilot digital yuan settlement under the SCO Demonstration Zone's multilateral central bank digital currency bridge Pre-MVP phase for a certain international trade development company in the SCO Demonstration Zone, marking a new breakthrough for the bank in the field of cross-border RMB settlement.The international trade development company in the SCO Demonstration Zone regularly uses cross-border RMB for settlement...
Blockchain 2024-11-14 01:00:13 -
Expectations of Fed Rate Cut Intensify, But Global Assets Plummet After Inflation Data Release
Expectations of Fed Rate Cut Intensify, But Global Assets Plummet After Inflation Data ReleaseOn Wednesday, the US released its first inflation report since the elections. While the figures largely aligned with expectations, trader bets on a December Fed rate cut rapidly increased after the data release...
Blockchain 2024-11-14 00:29:15 -
Bitcoin Hits All-Time High Above \$91,000 as Fed Rate Cut Expectations Grow
Bitcoin Hits All-Time High Above \$91,000 as Fed Rate Cut Expectations GrowOn November 13th, US CPI rose 2.6% year-on-year in October, meeting expectations, and traders increased their bets on a Fed rate cut in December...
Blockchain 2024-11-13 23:59:37 -
Cryptocurrency Market Frenzy: Bitcoin Breaks $90,000, Liquidations Sweep the Market
Cryptocurrency Market Frenzy: Bitcoin Breaks $90,000, Liquidations Sweep the MarketOn November 13th, the cryptocurrency market experienced a frenzy as Bitcoin surged past the $90,000 mark for the first time, marking a 4% intraday gain and over 110% growth year-to-date. This surge also propelled US stock market cryptocurrency-related equities, with MicroStrategy rising over 4%, Coinbase gaining 3...
Blockchain 2024-11-13 23:47:24 -
Trump Appoints Musk to Head "Department of Government Efficiency," Dogecoin and Peanut the Squirrel Surge, Cryptomarket Rejoices
Trump Appoints Musk to Head "Department of Government Efficiency," Dogecoin and Peanut the Squirrel Surge, Cryptomarket RejoicesOn November 12, Trump announced that Elon Musk would lead the proposed "Department of Government Efficiency" (DOGE), directly using the term "DOGE" in his statement. This once again put Dogecoin in the spotlight...
Blockchain 2024-11-13 20:13:02