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LATEST

Airline banned from selling tickets in country, all flights could be canceled●Gen Z is taking job interviews on their phones — hiring managers call it 'incredibly disrespectful.' What to do instead●Shell to sell BG Cyprus and Aphrodite gas stake to MOL Group●Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump calls off Iran attack, oil and bond yields ease●Analysis-How a US-Japan pact to hit yen speculators came together●India proposes extending tax breaks for contract manufacturing in a boost for Apple●Some Investors Are Panicking About Memory Stocks. Micron Shareholders Should Keep a Cool Head.●UK chip startup OLIX lands $312m to scale frontier inference●Airline banned from selling tickets in country, all flights could be canceled●Gen Z is taking job interviews on their phones — hiring managers call it 'incredibly disrespectful.' What to do instead●Shell to sell BG Cyprus and Aphrodite gas stake to MOL Group●Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump calls off Iran attack, oil and bond yields ease●Analysis-How a US-Japan pact to hit yen speculators came together●India proposes extending tax breaks for contract manufacturing in a boost for Apple●Some Investors Are Panicking About Memory Stocks. Micron Shareholders Should Keep a Cool Head.●UK chip startup OLIX lands $312m to scale frontier inference●

Asia

Hong Kong’s Chinese bond futures are a major step for the global yuan

Business - South China Morning Post · 1h ago · 🇨🇳 China

Hong Kong’s Chinese bond futures are a major step for the global yuan

On August 3, five-year Chinese treasury bond futures began trading on the Hong Kong stock exchange. Market attention has focused on the new product, but its real significance emerges when set against the deep shifts under way in the international monetary system. History offers a clear lesson: no currency has graduated from a trade settlement currency to a genuine investment and reserve currency on the strength of trade flows alone. Behind every reserve currency stands a government bond market...

Read the full story at Business - South China Morning Post →

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