RMB depreciates against USD
International Business News – After two years, the RMB exchange rate is back below 6.90 yuan. On the morning of August 29, the RMB’s mid-price against the USD was at 6.8698, down 212 basis points from the previous trading day….
Singapore to Tighten Crypto Trading Restrictions
International Business News – The Monetary Authority of Singapore is considering new measures to tighten restrictions on retail investors trading cryptocurrencies. Many retail investors appear to be “irrationally disregarded” about the risks of trading cryptocurrencies, and these new measures will…
Cambodia’s garment industry develops strongly
International Business News – According to a report recently released by the Cambodian General Administration of Customs and Excise, in the first seven months of this year, Cambodia’s total exports reached US$13.78 billion, of which nearly 50% came from the…