Search results for "BANK"
07:40

Institution: As bond yields soar, the Reserve Bank of India may intervene.

According to Jin10 data on September 1, analysts say that the Reserve Bank of India may purchase bonds in the Secondary Market or refuse bids at auctions to curb the largest bond dumping in over three years. Economists at ICICI Securities Primary Dealership, led by A. Prasanna, wrote in a report that the Central Bank "should be somewhat concerned about the speed of the rise in yields." He stated that the Central Bank "should release a moderate signal through statements or small-scale purchases in the market to ensure the smooth operation of the bond market."
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04:27

Nobel laureate warns: Insufficient regulation of stablecoins may force government bailouts.

Nobel laureate in Economics Jean Tirole warned that inadequate regulation of stablecoins could lead to future financial crises and government bailouts. He is concerned about the safety of these digital tokens, believing that stablecoins could trigger bank runs, and pointed out that using low-yield U.S. Treasury bonds as supporting assets might force issuers to seek riskier investments.
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23:38

Media: Bank of China Hong Kong plans to apply for stablecoin issuance license

PANews reported on September 1 that, according to Zhitong Finance, the Hong Kong branch of Bank of China plans to apply for a stablecoin issuer license and aims to be among the first batch of approved issuers. The deadline for the first batch of applications is the end of September. Both the Bank of China Hong Kong and the Monetary Authority declined to comment.
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08:16

UN Secretary-General's spokesperson: The Israeli military's escalation of attacks on Gaza City will exacerbate the disaster.

Jin10 data reported on August 30th, UN Secretary-General spokesperson Dujarric warned that if Israel's military actions in Gaza City escalate further, it will deepen the humanitarian disaster across the Gaza Strip and further threaten the safety of civilian lives and the implementation of humanitarian aid operations. Dujarric also stated that in the West Bank, the violence of Israeli settlers has become one of the main factors for the displacement of Palestinians.
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13:36

U.S. Senator questions Norway's fund divestment, Norwegian Prime Minister sends a text message to explain.

Jin10 data reported on August 29 that U.S. Republican Senator Graham was furious over the Norwegian sovereign wealth fund's withdrawal of investment from Caterpillar Inc. This incident prompted a response from the Norwegian Prime Minister, who explained that the Norwegian government did not intervene in the fund's investment decisions. Prime Minister Støre sent a text message to Graham, who confirmed receipt. A spokesperson for the Prime Minister's office stated that Støre outlined the fund's authorized scope and supervisory framework in the message. The Norwegian sovereign wealth fund announced this week that it has sold its shares in Caterpillar, citing Israel's use of the company's bulldozers to demolish Palestinian properties in Gaza and the West Bank. The American senator's reaction comes at a sensitive time for Norway, which will hold parliamentary elections on September 8.
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10:18

Central Bank: In July, the average daily trading volume of the Shanghai Stock Exchange was 6785.5 billion yuan, an increase of 32.9% compared to the previous month.

Jin10 data reported on August 29, the Central Bank released the financial market operation situation for July 2025. The data shows that at the end of July, the Shanghai Composite Index closed at 3573.2 points, rising 128.8 points month-on-month, with an increase of 3.7%; the Shenzhen Component Index closed at 11009.8 points, rising 544.7 points month-on-month, with an increase of 5.2%. In July, the average daily trading volume of the Shanghai market was 6785.5 billion yuan, an increase of 32.9% month-on-month; the average daily trading volume of the Shenzhen market was 9316.3 billion yuan, an increase of 16.9% month-on-month.
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07:52

Analyst: Switzerland is expected to maintain zero Interest Rate before the end of the year, and the threshold for restarting negative interest rates is relatively high.

Jin10 data, August 29 - Institutional analyst Robert Howard stated that as long as the EUR/CHF remains above 0.92, the Swiss Central Bank seems likely to maintain its policy interest rate at zero in September and December. Swiss Central Bank Vice President Martin indicated this week that the threshold for the Central Bank to push rates back into negative territory will be higher compared to previously lowering rates from positive values. Martin also pointed out that the recent weakening of the dollar against the Swiss franc is unlikely to have a significant impact on Swiss inflation (the USD/CHF fell to a 10-year low in early July). Swiss inflation data for August will be released next Thursday (September 4), three weeks before the Swiss Central Bank's next interest rate decision. The Swiss CPI rose slightly year-on-year to 0.2% in July, up from 0.1% in June and -0.1% in May. The EUR/CHF has not touched the 0.92 level downwards since January 2015, with the last time it approached this key support level being in April.
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02:12

Economic data is sluggish, and the yields on ultra-long-term Japanese government bonds are declining.

Jin10 Data on August 29: The yield on Japan's ultra-long-term government bonds has declined, due to the backdrop of tariff concerns, as weak retail and industrial output data have increased uncertainty regarding the long-term economic outlook. Data released by the Japanese government on Friday showed that Japan's industrial output in July fell more than expected on a month-on-month basis, reflecting the impact of the increase in tariffs by the United States. Retail sales in July rose by 0.3% year-on-year. Meanwhile, as inflation remains high, market expectations for further interest rate hikes by the Central Bank of Japan continue.
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06:19

Bank of America Securities lowered the target price for Sinotrans to HKD 71.8, expecting only a slight improvement in gross margin in the second half of the year.

The Bank of America Securities report pointed out that Shenzhou International's gross profit margin performed poorly in the first half of the year, lowering the earnings per share forecast and target price for the next two years. However, customer sales have risen significantly, maintaining a buy rating. It is expected that Nike's recovery will have a significant impact on the stock price, with only a slight improvement in the gross profit margin in the second half of the year.
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04:44

The demand for Japan's two-year government bond auction has hit a new low since 2009.

Jin10 data, August 28 - The demand for Japan's 2-year government bond auction hit the lowest level since 2009, as investors expect the Central Bank of Japan to raise interest rates soon, leading to less aggressive buying. The bid-to-cover ratio was 2.84, the lowest level since September 2009, compared to 4.47 in the July auction. The difference between the average price of this auction and the minimum accepted price was 0.022 (yen), while the previous auction was 0.005 (yen).
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02:30

BANK (Lorenzo Protocol) rose 8.77% in the last 24 hours.

Gate News Bot news, on August 28, according to CoinMarketCap data, as of the time of writing, BANK (Lorenzo Protocol) is currently priced at 0.07 USD, with a rise of 8.77% in the last 24 hours, peaking at 0.08 USD and dipping to a low of 0.05 USD. The current market capitalization is approximately 121,000 USD, an increase of nearly 977,500 USD compared to yesterday. Important news about BANK recently: 1️⃣ **Federal Reserve shuts down cryptocurrency bank oversight program** The U.S. Federal Reserve recently decided to terminate its cryptocurrency bank regulatory program, signaling a more lenient attitude from regulators towards the cryptocurrency industry. This move could create a more favorable regulatory environment for cryptocurrency projects like BANK, promoting their development and application. 2️⃣ **U.S. banking industry actively布局
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BANK-23.83%
01:00

The Central Bank of Korea proposed to provide Central Bank support for stablecoins.

According to Jinse Finance, at a joint event that brought together the industry and academia, focusing on the topic of stablecoins, the head of the South Korean Central Bank Digital Currency Research Laboratory expressed his views on stablecoins, stating that stablecoins need to obtain support and protection from the central bank. South Korean central bank official Yun Sung-guan stated: "Stablecoins are not a new type of currency, but a product of tokenization of existing currencies on a Distributed Ledger." He further added: "To achieve stable operation, support and protection from the central bank is still required in the end."
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09:29

International Netherlands: The Bank of England's interest rate expectations are favorable for the recent rise of the pound.

Jin10 data reported on August 27th that Francesco Pesole, an analyst from ING Group, stated in a report that due to market expectations that the Central Bank of England will adopt a cautious rate-cutting strategy, the recent outlook for the British pound remains optimistic. The recent continued cooling of the market's expectations for a rate cut by the Central Bank of England continues to provide strong support for the "short-term momentum of the British pound." He noted that the euro against the pound EUR/GBP could fall below 0.8600. "In terms of (the British pound against the US dollar), we still believe that a structural breakthrough of 1.35 is only a matter of time, not whether it will break through."
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05:23

Swiss Central Bank Vice President: Switzerland may avoid deflation

Jin10 data reported on August 27, the Vice President of the Swiss Central Bank, Martin, stated that despite the uncertainty of tariffs facing the Swiss economy, the country may avoid deflation. He also mentioned that due to the side effects of negative interest rates, policymakers will continue to impose a higher threshold for further cuts in borrowing costs. "At this stage, we do not see any risk of deflation developing, and our estimates show that inflation will surge in the coming quarters. The inflation dynamics in Switzerland are unlikely to be severely affected by the recent movements of the dollar."
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15:38

The Governor of the Central Bank of Portugal, Centeno, will attend the European Central Bank's September Interest Rate meeting.

Jin10 reported on August 26 that the Central Bank of Portugal confirmed in a statement on Tuesday that the outgoing President of the Central Bank of Portugal, and member of the European Central Bank Governing Council, Centeno, will participate in the European Central Bank's interest rate decision meeting on September 10-11. After completing a single term, Centeno will be succeeded by Alvaro Santos Pereira, the Chief Economist of the OECD. The appointment of the new President of the Central Bank of Portugal will take effect after the parliamentary hearing on September 17. Currently, the European Central Bank is facing its largest personnel adjustment since 2019, including the transitions of new central bank presidents in the Netherlands, Austria, and Portugal. As inflation has fallen from historic highs and trade tensions have weighed on the economy, the bank has lowered borrowing costs eight times in the past year.
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08:06

Swedish Central Bank meeting minutes: There is still a possibility of interest rate cuts this year.

Jin10 data reported on August 26, the latest monetary policy meeting minutes released by the Central Bank of Sweden on Tuesday showed that if the factors causing inflation to exceed the target dissipate as expected, there is still a possibility of interest rate cuts this year. The Central Bank of Sweden maintained the key interest rate at 2.00% during the meeting, and the next policy decision will be made on September 22. Governor Tegn pointed out, "Although some situations indicate that economic activity will rise soon, there is still considerable uncertainty. However, given that the inflation outlook remains favorable, there is reason to keep the door open for further interest rate cuts."
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06:28

CBK (Cobak Token) has risen 21.39% in the last 24 hours.

Gate News Bot news, August 26, according to CoinMarketCap data, as of the time of writing, CBK (Cobak Token) is currently priced at 0.69 USD, having risen 21.39% in the last 24 hours, reaching a high of 0.70 USD and a low of 0.55 USD. The current market capitalization is approximately 66.7 million USD, an increase of about 1.18 million USD compared to yesterday. Currently, CBK ranks 477th in the market capitalization of crypto assets. Important news about CBK recently: 1️⃣ **The Central Bank of Kenya is ready to issue licenses to fintech companies** The Central Bank of Kenya is taking proactive measures to prepare to issue licenses to fintech companies. This initiative will create a more favorable regulatory environment for the development of Crypto Assets in the region, which may indirectly boost investor confidence in Crypto Assets like CBK. 2️⃣ **Kenni
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CBK-1.87%
TOKEN-3.05%
02:03

Economists: Trump's dismissal of Cook may disrupt the U.S. government budget

According to Jin10 data on August 26, Chief Economist Stephen Halmalik of Economics Unchained stated that the independence of the Central Bank has been one of the cornerstones of the global financial system since the early 1990s, so attempts to undermine the Fed's independence are concerning. If Fed Governor Cook is dismissed, the appointment of a new governor will be directly influenced by the president's instructions, which will not be welcomed by the financial markets and may lead to a rise in bond yields, which are crucial for managing the U.S. government's debt.
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TRUMP-2.36%
12:35

Hungary's Central Bank Governor: The global economic rise engine has shifted east.

Jin10 data reported on August 25, local time on the 25th, Hungarian Central Bank Governor Mihály Varga stated at the opening ceremony of the 2025 Asian Financial Cooperation Association (AFCA) Financial Summit Forum held in Budapest that at the turn of the century, Asia accounted for 26% of the world's GDP, and this proportion is expected to rise to 46% by 2024, while during the same period, Europe's share fell from 30% to 21%. Asia currently accounts for half of global exports and investments, and the future growth engine has shifted eastward. Hungary hopes to become an important promoter of economic and financial cooperation between the East and West, serving as the economic gateway from Europe to Asia.
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01:03

Ueda Kazuo: The tight labor market is expected to continue to exert upward pressure on wages.

The Governor of the Bank of Japan, Kazuo Ueda, stated at the Jackson Hole Central Bank annual meeting that the tight labor market will continue to drive wages upward, indicating that stable inflation is about to be established. Wage rise has expanded to small and medium-sized enterprises, and it is expected to not weaken due to negative demand shocks, which may trigger market speculation about another rate hike.
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12:20

The European Central Bank responds to the operation of the digital euro on public chains like Ethereum: No final decision has been made yet.

Odaily News In response to previous reports that European officials are now considering running the digital euro on public blockchains such as Ethereum or Solana, rather than the private blockchain that was previously expected due to privacy concerns, the European Central Bank stated that since the passage of the stablecoin bill in the United States, EU officials have been rethinking the digital euro plan, considering different technologies when developing the digital euro—including centralized and decentralized options, as well as Distributed Ledger technology. No final decision has been made on this matter. (Cailian Press)
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ETH-1.96%
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00:33

In August, the MLF net injection was 300 billion yuan, and the Central Bank's policy may focus more on "implementation and detail."

The Central Bank will carry out a medium-term lending facility (MLF) operation of 600 billion yuan, with a net injection of 300 billion yuan in August, indicating a continued easing of monetary policy. Although the space for reserve requirement ratio cuts is limited, the focus of policy may shift to flexible implementation and precise transmission to protect credit and market expectations.
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14:26

Powell: The previous framework placed too much emphasis on specific economic conditions. The new framework aims to adapt to various economic conditions.

Golden Finance reports that Fed Chairman Powell stated at the Jackson Hole Global Central Bank Annual Meeting that the previous framework overly emphasized specific economic conditions, which may have led to some confusion; the new framework aims to adapt to various economic conditions. When there are conflicts between the Fed's goals, the new framework requires a balanced response.
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13:02

TD Securities: The combination of trade uncertainty and rate cut expectations will continue to put pressure on the Canadian dollar in the short term.

Against the backdrop of uncertain trade prospects between the US and Canada and market expectations of a rate cut by the Central Bank of Canada, the Canadian dollar has fallen to a three-month low against the US dollar. The Canadian dollar is expected to remain under pressure in the short term due to ongoing risks related to the trade protocol. The latest inflation data came in below expectations, increasing the likelihood of a rate cut.
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TRUMP-2.36%
04:48

Survey: The New Zealand Reserve Bank may cut interest rates twice more this year to 2.50%.

Jin10 data reported on August 22, Reuters' survey shows that most economists believe the Reserve Bank of New Zealand may cut interest rates twice more this year to 2.50%. The Reserve Bank of New Zealand's rate cut this Wednesday aligns with economists' and financial markets' expectations, but the unexpected downward revision of the path for the Official Cash Rate (OCR) and two votes in favor of a more significant cut of 50 basis points prompted economists to revise their outlook for the future. Over 75% of the surveyed economists (13 out of 17 economists) predict a cut of 50 basis points this year, while a survey conducted before the meeting showed that economists held two views: one being no further rate cuts and the other only a further cut of 25 basis points. Four economists believe there will be a slight adjustment down to 2.75%. Nearly 90% of economists (15 out of 17 economists) expect the next meeting on October 8 to result in a cut of 25 basis points. Two expect no changes.
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00:50

Gate Daily (August 22): Kanye officially launched the meme coin YZY; Trump is expected to restore 18th-century laws; State Street Bank joins JPMorgan's tokenization platform.

Bitcoin (BTC) has once again fallen into a correction, temporarily reported at around $112,790 on August 22. Six months from now, Kanye West will officially launch the meme coin YZY on Solana. The U.S. has proposed to restore an 18th-century law so that President Trump can authorize private citizens to combat cryptocurrency fraudsters. State Street Bank joins JPMorgan's tokenization debt platform.
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YZY-4.72%
TRUMP-2.36%
02:20

CMB International raises the target price of Pop Mart to 394 yuan and reiterates a "Buy" rating.

On August 21, Jin10 reported that CMB International released a research report indicating that Pop Mart (09992.HK) had a strong performance in the first half of the year. The bank raised its profit forecast for 2025-27 by 39-49% and increased the target price to HKD 394. The company remains the bank's top pick in the consumer sector, and the bank continues to be optimistic about the company's IP operation capabilities and global expansion progress, reaffirming its 'Buy' rating. The report stated that the company's performance in the first half of 2025 saw explosive growth, with revenue reaching 13.88 billion yuan (the same below), a year-on-year rise of 204.4%. The adjusted net profit attributable to shareholders reached 4.71 billion yuan, a significant year-on-year rise of 362.8%. The gross profit margin and adjusted net profit margin increased by 6.3 and 11.6 percentage points year-on-year to 70.3% and 33.9%.
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IP-3.77%
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14:50

The Central Bank of Israel has kept the interest rate unchanged for the 13th consecutive time.

On August 20, Jin10 reported that the Central Bank of Israel has maintained interest rates for the 13th consecutive time, cautiously weighing the economic slowdown against the ongoing uncertainty brought about by the Gaza conflict. On Wednesday, the bank kept the benchmark interest rate at 4.5%, in line with market expectations. The day before this decision, Prime Minister Netanyahu's cabinet approved a budget increase equivalent to about 1.5% of GDP to cover war expenses. This year's revised budget added 30 billion shekels (about 8.8 billion USD) in defense spending, raising the estimated fiscal deficit from 4.9% to 5.2%. Israel plans to take control of Gaza City in the coming weeks, a move that will require the mobilization of tens of thousands of reserve soldiers and may further exacerbate supply chain tensions. A new ceasefire proposal put forward by Egypt and Qatar, which has been accepted by Hamas, could delay or even cancel the aforementioned plans. However, Israel has not yet clarified whether it is willing to cease fire immediately.
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14:11

Opinion: If Hasset is elected as the Fed chair, the independence of the Fed is concerning.

Odaily News Although acknowledging that Hasset is qualified for the position, Alan Sinha of Decision Economics expressed concerns about the independence of the Fed under his appointment. Sinha pointed out: "If a low interest rate policy is pursued for political purposes — which is a strong advocacy and direction of the Trump administration — it will be seen by the market as executive interference in the Central Bank, thereby constituting macro risk."
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TRUMP-2.36%
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