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06:37
Solana Foundation President Lily Liu says Solana is the last contender for peer-to-peer electronic cash
Solana Foundation President Lily Liu stated that if Solana does not achieve peer-to-peer electronic cash, no one else can, and said that Solana is the last serious contender.
06:35
The Reserve Bank of Australia’s hawkish shift consolidates its high-yield status, boosting the appeal of the Australian dollar
Institutional reports indicate that Australia's key role in commodity supply and its robust fiscal position are expected to bring a premium to AUD assets, and may accelerate local investors' carry trade and hedging activities.
06:34
UOB Singapore analysts Kay Hian and Suryaputra Wijaksana believe that Indonesia's short-term economic outlook may weaken as Moody's has downgraded the country's credit rating outlook from "stable" to "negative".
Analysts pointed out that the Indonesian rupiah is the most affected and may weaken. Increased volatility in the rupiah will dampen foreign investment, impacting both long-term foreign direct investment and short-term portfolio inflows, especially in the bond market. The downgrade in rating outlook will also lead to a repricing of risk premiums in the bond market. Analysts stated: "Investors will demand higher yields to compensate for the expected increase in credit risk."
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