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08:34
Onshore RMB closed at 6.8855 against the US dollar
The onshore RMB closed at 6.8855 against the US dollar at 16:30 (UTC+8) on March 2, down 296 points from the previous trading day.
08:26
Druckenmiller shifts investment focus from AI to hard assets, with attention on gold and copper
⑴ Billionaire investor and founder of Duquesne Family Office, Stanley Druckenmiller, stated while outlining his latest investment strategy that artificial intelligence (AI) is no longer playing the leading role. He is now more focused on hard assets such as gold and copper, as well as a more diversified stock portfolio. ⑵ He further explained that over the past three years, "our portfolio has been largely driven by artificial intelligence. We still hold some AI applications now, but to some extent, it is no longer the driving force."
08:13
Atsushi Mitsumura: The surge in stablecoins may reinforce the US dollar’s status as a key currency
ChainCatcher News, according to Golden Ten Data, Japan's top foreign exchange official, Atsushi Mimura, stated that the surge in US dollar-denominated stablecoins is highly likely to further consolidate the US dollar's status as a key currency.
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