Current Financial News

China tests ATMs converting digital yuan to cash

    China tests ATMs converting digital yuan to cash

A new test of the digital yuan that China ran recently included ATMs capable of converting digital yuan to cash and vice versa. According to The Block, the test took

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JD.com Is the First to Accept Digital Yuan

    JD.com Is the First to Accept Digital Yuan

JD.com, an e-commerce platform in China, has become the first to accept payments in digital yuan, Reuters reports. A branch of JD.com called JD Digits will allow digital yuan as

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ITC calculated world economic losses due to Covid-19 pandemic

    ITC calculated world economic losses due to Covid-19 pandemic

International Trade Center (ITC) calculated economic losses around the world resulting from the Covid-19 pandemic, which were estimated to be at least $126 billion. This was indicated in the organization’s

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Serious drawdown of oil quotes

    Serious drawdown of oil quotes

Today, oil is actively declining. A very significant increase in the reserves of “black gold” in the United States caused this drop. Moreover, the fears that Russia will not reduce

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Swiss watch makers are in crisis

  Swiss watch makers are in crisis

Swiss watch exports in April crashed at a record pace the drop has totaled 81% compared with the same period

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Monday starts with the growth of oil prices

  Monday starts with the growth of oil prices

The energy market started today’s trading session with the steady growth. Quotes are increasing on the signals about the recovery

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Oil grows due to the balance expectations

  Oil grows due to the balance expectations

The energy market ended the week in a “green zone”. The American WTI crude oil showed two-month highs on Friday.

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Positive news of the US stock market

  Positive news of the US stock market

Yesterday’s trading session was extremely successful for the US stock market. The Nasdaq Composite index ranks first. It managed to

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While oil production reduces around the world, Brazil increases export

  While oil production reduces around the world, Brazil increases export

Petrobras, a Brazilian state-owned oil and gas corporation, has  released April reports. It became known that in a month the

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Oil news: Brent is depreciating

  Oil news: Brent is depreciating

Oil has begun the week with the fall in quotations. Analysts believe that the deterioration of relations between the US

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