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The number of personal bankruptcy petitions filed in June rose by nearly 10% YoY to 702, down 19.4% MoM (the prior figure of 871 hit an over-2-year high), according to the Official Receiver's Office (ORO) of Hong Kong. The number of receiving order or bankruptcy orders made by the court inclined by 22.4% YoY to 666, up 6.7% ...
TWD weakened, and USD/ TWD last slid 0.3% to 32.73, hitting an over-8-year low as a sell-off in chip stocks exacerbated capital outflows from Taiwan's stock market. TWD was the biggest loser among Asian currencies in July, falling about 1% and sagging over 6% YTD.Global funds sold a net US$1.79 billion of Taiwan equities yes...
US media sources report that Senator Jon Tester of Montana has become the second Democratic Senator to publicly call for President Joe Biden's withdrawal from the election, after 18 House Democrats asked Biden to give up his re-election bid.Former US President Barack Obama is rumoured to have privately expressed concern to D...
China reduced its holdings of US Treasury securities by US$2.4 billion to a total of US$768.3 billion in May 2024, maintaining its seat as the second-largest US creditor, according to the US Department of the Treasury. Meanwhile, Japan, the largest creditor, reduced its holdings of US Treasury securities by US$22 billion to a to...
Spot USD/CNY leaped 79 bps to close at 7.2572 today (18 July). As of 4:41pm, USD/CNY in the night session added 7 bps. Meanwhile, USD/CNH waned 19 bps to 7.2724, trading 152 bps lower than USD/CNY.~AAStocks Financial NewsWeb Site:
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