According to CNN, the US Department of Defense has suspended the implementation of a large-scale layoff plan.
In order to implement the relevant agreements approved by the State Council, the State Administration of Financial Supervision recently issued the "Notice on Matters Related to the Opening of Bank Card Business by Mainland Branches of Hong Kong and Macao Banks" (hereinafter referred to as the "Notice"), which will come into effect on March 1, 2025. The "Notice" clarifies the relevant matters involved in the opening of bank card business by mainland branches of Hong Kong and Macao Banks. First, i...
According to CryptoSlate, annualized inflation in Solana has risen by 30.5% since the implementation of the new priority fee allocation mechanism on February 12. The amount of SOL burned per day has decreased from nearly 18,000 SOL to 1,000 SOL. Blockworks researcher Carlos Gonzalez Campo said that Solana Improvement Proposal 96 (SIMD96), which allocates the entire priority fee of the network to validators and is no longer used for token destruction, has caused the annualized inflation rate to r...
On February 19, the General Office of the State Council issued a notice on forwarding the "2025 Action Plan for Stabilizing Foreign Investment" of the Ministry of Commerce and the National Development and Reform Commission. The "Plan" proposes to implement the requirements for the complete cancellation of foreign investment access restrictions in the manufacturing sector. For areas outside the negative list of foreign investment access, foreign investment access will be managed in strict accorda...
On February 18, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend the seminar on emerging market economies jointly hosted by the international monetary fund and Saudi Arabia, and delivered a keynote speech. Pan Gongsheng pointed out that in 2024, China's economy continued to recover and achieve the annual economic growth target of 5%. Especially since late September last year, the Chinese government has launched a package of incremental policies, which effectively boos...
President Trump: There is big news today about reciprocal tariffs.
South Korea's Financial Services Supervisory Authority (FSS) plans to implement new measures aimed at preventing wild price swings of cryptocurrencies after they are listed on exchanges. The decision was made after observing significant price swings for the Movement (MOVE) token, which went live in December. South Korea's Financial Services Supervisory Authority (FSS), in collaboration with crypto exchanges, the Digital Asset Exchange Alliance (DAXA), and outside experts, has set up a special pr...
The Ministry of Commerce and the General Administration of Customs implement export controls on items related to tungsten, tellurium, bismuth, molybdenum, and indium.
On February 4th, Q: On February 4th, the Ministry of Commerce and the General Administration of Customs jointly issued an announcement on export control of tungsten and other items. What are the considerations for China's introduction of export control policies this time? A: On February 4th, the Ministry of Commerce of China, together with the General Administration of Customs, issued an announcement on the implementation of export control on tungsten and other related items, and imposed export ...
On February 2, Mexican President Shinbaum said that he has instructed his economy minister to implement a retaliatory tariff plan against the United States.
On January 31st, the spokesperson of the Ministry of Commerce: At present, the relevant measures of the Japanese side are soliciting opinions from the public. We hope that the Japanese side will listen to the rational voice of the industry, proceed from safeguarding international economic and trade rules and the overall situation of China-Japan economic and trade cooperation, correct relevant practices in a timely manner, avoid relevant measures hindering the healthy development of China-Japan e...
Since the Avalanche network implemented the Avalanche 9000 upgrade on December 16, transaction fees have dropped by an average of 75% and transaction volume has increased by more than 35%. Flipside and Bitquery data show that the current Avalanche daily transaction volume has increased to about 354,000. The upgrade includes seven improvement proposals, among which ACP-125 reduces the C-Chain smart contract base fee from 25 nAVAX to 1 nAVAX, and adjusts the validator fee from 2,000 AVAX to a mont...
On January 26th, it was learned from the industry that recently, the Shanghai Stock Exchange informed the industry about Guotai Junan's share swap absorption and merger of Haitong Securities involving margin financing and short selling business. The Shanghai Stock Exchange stated that for the securities in transit generated during the share swap period that have not yet arrived in the account, when calculating the proportion of customers maintaining guarantees, the brokerage shall calculate its ...
On January 25th, the latest data released by the State Administration of Taxation showed that since December 1, 2024, the country began to implement new tax reduction and exemption policies such as real estate transaction deed tax incentives. In the first month of the implementation of the policy, the tax reduction dividend continued to be released, promoting the stable and healthy development of the real estate market. Data show that in the first month of the implementation of the new real esta...
The Kremlin responded to US President Donald Trump's threats to impose sanctions and tariffs on Russia: We don't see any particularly new factors.