EUR/USD
1.16209
-0.410%
Gold
4545.67
-2.292%
Oil
100.978
3.282%
USD/JPY
158.766
0.243%
GBP/USD
1.33180
-0.615%
GBP/JPY
211.449
-0.370%
Real-time News
According to the European-Mediterranean Seismological Centre, a 6.4-magnitude earthquake struck off the coast of Antigua and Barbuda at 10:50 a.m. local time on the 16th. The epicenter was located at 17.2336 degrees north latitude and 61.3383 degrees west longitude, with a focal depth of approximately 70 kilometers. There are currently no reports of casualties or property damage.According to the official measurement of the China Earthquake Networks Center, a magnitude 3.4 earthquake occurred at 22:53 on May 16 in Wuqia County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (40.47 degrees north latitude, 74.86 degrees east longitude), with a focal depth of 12 kilometers.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.1 occurred near the Leeward Islands (17.56°N, 61.08°W) at 22:50 on May 16. The final result is subject to the official rapid report.On May 16th, according to an official notice, the Indian government has implemented new restrictions on silver imports, changing several categories of silver products from a free import policy to a restricted import policy. Under the revised regulations, the import of silver bars, unwrought silver, and semi-finished silver (including silver powder) now requires government approval. Certain categories of silver imports are also subject to regulations from the Reserve Bank of India. These changes are introduced through revisions to the import policy catalog under the Harmonized System of Trade (HS) of India. This move comes as the Indian government intensifies its efforts to tighten regulations on precious metal imports and control rising import bills. Previously, the Indian central government had increased import duties on gold and silver from 6% to 15%. Simultaneously, the Directorate General of Foreign Trade (DGFT) has tightened regulations regarding the duty-free import of gold by jewelry and gemstone exporters under the "pre-authorization" scheme.On May 16, according to a report by the Islamic Republic of Iran Broadcasting (IRNA), a fire broke out at an oil factory in the northwestern Iranian city of Maragay at around 10:00 AM. The Iranian Red Crescent website reported that IRNA official Mohammad Hossein Kabadi stated that the organizations rescue personnel immediately rushed to the scene after receiving the fire report to conduct search and rescue operations. As of now, the fire has injured at least 10 people, and the rescue operation is still ongoing.
