22:08 2025-06-12
Global family offices up the ante private equity and crypto assets, gradually moving away from stock market dependenceAccording to BNY Wealth's Single Family Office Investment Insights 2025 report, two-thirds of global family offices with assets under management of more than $1 billion plan to increase their allocation to private equity funds this year, an increase of nearly 70% from 2024. At the same time, the share of equities in the investable assets of these institutions fell to 19%, a decrease of 28% annually. The report also notes that family offices are also exploring allocations to crypto assets to dive...
22:08 2025-06-12
The probability that the Federal Reserve will keep interest rates unchanged in June is 97.9%.According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in June is 97.9%, and the probability of a 25 basis point cut is 2.1%. The probability that the Fed will keep interest rates unchanged in July is 75.6%, the probability of a cumulative 25 basis point cut is 23.9%, and the probability of a cumulative 50 basis point cut is 0.5%.
21:46 2025-06-12
US media: Israel could attack Iran as soon as Sunday, Netanyahu has informed Trump in advanceAccording to the Wall Street Journal, the Trump administration and Israeli officials say Israel is prepared to strike Iran in the coming days if it rejects U.S. proposals to impose strict limits on its nuclear program. A senior Israeli official said Israel could launch an attack as soon as Sunday. Israeli Prime Minister Benjamin Netanyahu was in a phone call with Trump on Monday, two U.S. officials said.
21:43 2025-06-12
FAA: Investigation into SpaceX's 8th Starship Flight Accident ClosedFederal Aviation Administration (FAA): The investigation into SpaceX's Starship Flight 8 accident has been concluded. There were no reports of public injuries or damage to public property. The investigation found that the root cause of the Starship craft crash was a hardware failure in one of the Raptor engines. It has been confirmed that SpaceX took corrective action prior to the Starship's 9th mission.
21:40 2025-06-12
Shopify partners with Coinbase and Stripe to promote USDC stablecoin paymentsAccording to two announcements made on Thursday, Shopify has teamed up with Coinbase and Stripe to make it easier for merchants to accept payments in Circle's USDC stablecoin.
"Shoppers will be able to pay with USDC on Base using their preferred crypto wallet," Stripe said in a press release. "By default, Stripe will allow merchants to receive stablecoin payments in their preferred local currency and deposit them into their bank account like any other payment they receive."
Stripe said that this...
21:40 2025-06-12
Trump: Powell is a'fool '200 basis point rate cuts could save $600 billion a yearMr. Trump said he was not planning to fire Federal Reserve chairperson Jerome Powell, but called him a "fool" for not cutting interest rates. Speaking at a White House event on Thursday, Mr. Trump said a 200 basis point rate cut would save the US $600 billion a year. "We're spending $600 billion a year because a'fool 'sits here and says'I don't see enough reason to cut rates now'," Mr. Trump said. Mr. Trump added that he agreed with the Fed raising rates if inflation rose, "but now...
21:37 2025-06-12
The United States announced the imposition of tariffs on steel home appliances on the 23rdThe US Department of Commerce has announced that it will impose tariffs on a wide range of steel household appliances, including "steel-derived products" such as dishwashers, washing machines and refrigerators, effective June 23. It is reported that a 50% tariff on most countries will affect the import of these steel products, which may lead to higher consumer prices. Industry stakeholders are closely monitoring the development. (CCTV)