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The EU has expanded its sanctions framework against Iran to target actions deemed to threaten maritime freedom in the Middle East. New measures include travel bans, asset freezes, and prohibitions on EU funding, significantly escalating pressure on Tehran.
Read MoreChina's Ministry of Finance and the People's Bank of China held a key joint meeting, affirming policy coordination achievements and discussing financial market stability, offshore RMB bond development, and enhanced fiscal-monetary synergy. Both pledged to implement proactive fiscal and accommodative monetary policies to support economic stability.
Read MoreThe Hong Kong SFC has issued enhanced guidelines following a review of 12 brokers, uncovering serious flaws in client onboarding. New measures mandate internal checks for fraudulent documents and stricter controls for mainland investors to combat money laundering risks.
Read MoreSouth Korea's KCSC is investigating a prediction market platform for potential violations of anti-gambling laws. The platform argues its model is market-based prediction, not gambling. The probe coincides with upcoming local elections, raising legal and regulatory questions.
Read MoreIran's Revolutionary Guards reported that 35 commercial vessels safely transited the Strait of Hormuz in the past 24 hours under coordinated security protocols, ensuring the continued flow of traffic through this vital global shipping lane.
Read MoreONDO token price has made a notable breakthrough, surpassing the $0.43 level to trade around $0.4395. It has recorded a 24-hour gain of 7.32%, accompanied by increased market volatility. Traders are advised to monitor the trend closely and manage risks accordingly.
Read MoreShares of several major cross-border online brokerages plummeted over 40% in pre-market trading on May 22nd. This sharp decline follows regulatory authorities' announcement of severe penalties for illegal cross-border operations, including confiscation of all illegal gains, signaling a tightening oversight landscape.
Read MoreTiger Securities issued a formal statement acknowledging a regulatory investigation, pledging full cooperation while maintaining normal operations. The firm emphasized its commitment to compliance and ongoing dialogue with authorities.
Read MoreEight Chinese regulatory agencies have jointly launched a two-year campaign to comprehensively crack down on illegal cross-border securities, futures, and fund operations by overseas institutions within China. The plan outlines targets, bans on marketing and services, and a phased approach to wind down existing business.
Read MoreU.S. quantum computing stocks rose pre-market following a $2 billion federal grant announcement. D-Wave jumped nearly 9%, GlobalFoundries over 5%, and IBM gained 4% after securing the largest $1 billion share, highlighting accelerated government investment in this strategic technology frontier.
Read MoreChina's securities regulator announced severe penalties against Tiger Brokers, Futu Securities, and Longbridge Securities for illegal cross-border operations. The companies are accused of violating securities laws and disrupting market order. Authorities plan to confiscate all illegal gains and impose heavy fines.
Read MoreBinance has placed nine tokens, including ALCX and DODO, on its monitoring watchlist. This move enhances market transparency and alerts users to potential volatility, reflecting the exchange's commitment to robust risk management and compliance standards.
Read MoreKorea Post, managing over $100 billion, is shifting investments toward AI data centers and U.S./European real estate like logistics and multifamily housing to boost returns, partnering with global firms on a $230 million fund.
Read MoreSpaceX's IPO faces scrutiny over its AI division's massive costs, burning $7.7B last quarter and contributing to heavy losses. With core AI growth lagging and reliance on leasing spare capacity, analysts question the unit's viability and its drag on the $1.75 trillion valuation ambition.
Read MoreDeepSeek founder Liang Wenfeng prioritizes groundbreaking AGI research over short-term profits in a new $10B funding round, committing to open-source development and long-term technological boundaries.
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