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US President Trump praised the US economy.

2026-07-07

US President Trump praised the US economy.

Other News
2026-07-07

Samsung Electronics released its second-quarter earnings forecast, with total revenue of 171 trillion won, exceeding market expectations of 173.9 trillion won, compared to 133.9 trillion won in the first quarter and 74.6 trillion won in the same peri

Samsung Electronics released its second-quarter earnings forecast, with total revenue of 171 trillion won, exceeding market expectations of 173.9 trillion won, compared to 133.9 trillion won in the first quarter and 74.6 trillion won in the same period last year. Operating profit for the second quarter is expected to be 89.4 trillion won, exceeding market expectations of 87.3 trillion won, compared to 57.2 trillion won in the first quarter and 4.7 trillion won in the same period last year.
2026-07-07

Hong Kong Exchanges and Clearing Ltd (HKEX) signed a memorandum of understanding with Cross‑Border Interbank Payment Clearing Co., operator of the Cross‑Border Interbank Payment System (CIPS), to deepen cross‑border RMB cooperation and support Hong K

Hong Kong Exchanges and Clearing Ltd (HKEX) signed a memorandum of understanding with Cross‑Border Interbank Payment Clearing Co., operator of the Cross‑Border Interbank Payment System (CIPS), to deepen cross‑border RMB cooperation and support Hong Kong’s fixed‑income and FX ecosystem. Under the MoU, HKEX affiliate Hong Kong OTC Clearing Co. intends to apply to become a CIPS direct participant by end‑2026; CIPS will provide required guidance and training. As a direct participant, the OTC clearing entity would be able to settle RMB funds directly via CIPS, enabling more efficient cross‑border RMB clearing and settlement for its participants. The firms will also cooperate on product and business development, market expertise sharing and expansion of cross‑border RMB services.
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