PBOC official: Will increase credit issuance to service consumption sector

PBOC official: Will increase credit issuance to service consumption sector. Ministry of Commerce official: Supporting service consumption will help expand domestic demand, employment.

OPEN surges 18.5% on influencer buy & first profit since 2022, but investor criticism of CEO persists. Traders eye valuation.

Ark Invest CEO Cathie Wood said Ethereum is solidifying its role as the go-to blockchain for institutional use

Japan's yen has weakened, USD/JPY is back above 148.00 - mkt appears to running with the lower PPI

Asia stocks hit new highs on Fed rate cut odds & mild inflation. Ether moons to 4-yr peak. Traders eye 95% Fed cut chance.

US deficit hits $291B in July, up 20% YoY, despite tariff revenue surge. Traders eye fiscal risks.

July inflation at 2.7% eased expectations, but tariffs still boosted prices. Powell's job easier, traders eye impact.