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01:16
Spot gold fell nearly $20 in the short term, hitting a new intraday low at $3,979.09 per ounce, down about 0.7%. The decline was driven by persistently high expectations of Federal Reserve rate hikes and a rebound in the US dollar index, which is currently up 0.13% to around 101.30.
Spot gold fell nearly $20 in the short term, hitting a new intraday low of $3,979.09 per ounce, a decline of about 0.7%. This is due to persistent expectations of Federal Reserve interest rate hikes and a rebound in the US Dollar Index. The US Dollar Index is currently up 0.13% to around 101.30.
01:11
Dubai National Bank is reportedly in talks to acquire HSBC's Turkey business.
Glonghui July 1st|According to Bloomberg, sources revealed that National Bank of Dubai in the UAE is in talks to acquire HSBC Turkey's business. The negotiations are still at an early stage and may not ultimately result in a deal. HSBC Turkey was once one of the largest banks in Turkey, but in recent years it has scaled down its operations in the country. By asset size, the bank now ranks as the 15th largest in Turkey, with total loans accounting for 0.3%. Data from the Banks Association of Turkey shows that the number of HSBC Turkey branches has fallen sharply from 315 in 2013 to about 36 as of March this year.
01:06
US Vice President Vance discloses holding between $250,000 and $500,000 in bitcoin
Foresight News reported that, according to the 2025 annual financial disclosure document released by the U.S. Office of Government Ethics, U.S. Vice President Vance disclosed holding Bitcoin valued between $250,001 and $500,000.
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