• Yahoo Finance

    Trump Media stock tanks on move to issue millions of shares

    Trump Media stock slid as much as 16% on Monday after the parent company of Donald Trump's social media platform, Truth Social, filed to issue more than 21 million shares.

  • Reuters

    UPDATE 1-Russia may abolish export duty on gold - TASS reports

    Russia is considering abolishing export duties on gold, state news agency TASS reported Tuesday, citing the director of the finance ministry's tax policy department. Russia was in 2022 ranked as the world's second biggest gold miner, after China and before Australia, according to the World Gold Council. Russian gold exports are not published.

  • Reuters

    Analysis-China's cycle of dollar hoarding and weakening yuan gets vicious

    Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the world's second largest economy. This feedback loop has been playing out for months in mainland currency markets, spurred on by the dollar's rising yield. Foreign exchange deposits have climbed $53.7 billion since September to $832.6 billion, People's Bank of China (PBOC) data shows.