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01:17
Mizuho: Despite possible government intervention, the yen is expected to remain weak
However, Mizuho Securities economist Yusuke Matsuo stated that driven by the rising cost of energy imports and concerns over worsening economic conditions, there is no sign of the yen's downward momentum changing. He said that from a fundamental perspective, as long as tensions in the Middle East persist, the economic environment will continue to favor a weaker yen. He added: "There are still doubts about whether any foreign exchange intervention can have a lasting effect." The US dollar was last reported at 157.10 yen.
01:09
South Korea's semiconductor exports in April surged by 173% year-on-year
Glonghui, May 1 — In April, South Korea’s semiconductor exports reached 31.9 billion US dollars, a year-on-year increase of 173%. In March, the figure hit a record 32.8 billion US dollars.
01:01
Data: Bitcoin achieved a return of 11.87% in April, marking the highest level in the past 12 months.
According to ChainCatcher, citing the latest data from Coinglass, Bitcoin's return rate reached 11.87%, marking a new high in the past 12 months. However, this is lower than Bitcoin's historical average return rate of 12.98% for April, but higher than the historical median of 9.57% for April. In addition, Ethereum's return rate in April reached 7.3%, which is significantly lower than the historical average return rate of 18.82% for Ethereum in April, but higher than the historical median return rate of 7.3% for April.
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