• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Oil prices fell following the US-Iran peace agreement, causing cruise line operators shares to rise in pre-market trading. Norwegian Cruise Line (NCLH.N) and Royal Caribbean International rose 4%, while Carnival Cruise Line (CCL.N) gained approximately 3%.On June 15th, it was reported that the secondary market trading price of the Fullgoal ChiNext ETF (ticker symbol: Fullgoal ChiNext ETF; fund code: 159971), managed by Fullgoal Fund Management Co., Ltd., has been significantly higher than its Indicative Indicative Net Asset Value (IOPV), exhibiting a substantial premium. To protect investors interests, trading in this fund will be suspended from the opening of the market on June 16, 2026, and will resume at 10:30 AM on the same day. Redemption services will continue as usual during the suspension period. If the premium in the secondary market trading price of this fund does not effectively decrease on June 16, 2026, the fund has the right to apply to the Shenzhen Stock Exchange for temporary intraday trading suspension, extension of the suspension period, or continuous suspension to warn the market of the risk. Specific details will be announced at that time.June 15th - Lee Hardman of MUFG Bank stated in a report that despite the decline in energy prices following the interim peace agreement between the US and Iran, the yen is unlikely to achieve a meaningful recovery. Short positions in the yen continued to increase ahead of the Bank of Japans policy decision on Tuesday. "The 25 basis point rate hike has already been fully priced in, so its unlikely to trigger a reversal of the yens weakness on its own, thus encouraging further increases in short yen positions," he said. He added that if energy prices continue to fall and bets on US rate hikes decrease, any further intervention by Japanese authorities to support the yen will prove more effective.On June 15th, Agile Group Holdings Limited (01813.HK) announced the latest progress in its offshore debt restructuring. Over the past few months, the Company and members of the Noteholders Group, along with their respective advisors, have engaged in constructive dialogue to reach a consensus on the restructuring. The Company is pleased to announce that on June 15, 2026, it entered into a restructuring support agreement with certain initial participating creditors. These initial participating creditors include members of the Noteholders Group, who hold more than 26.1% of the total outstanding principal amount of the debt to be included in the restructuring. The restructuring support agreement outlines the terms of the restructuring. The proposed restructuring aims to: (i) provide the Company with a long-term path to stabilize its business; (ii) achieve a sustainable capital structure and enhance its net asset value; and (iii) protect the interests of all stakeholders and maximize value.June 15th - European Central Bank (ECB) Governing Council member Kazmir stated on Monday that the ECB has taken the first step in curbing price pressures, but it is increasingly clear that more action is needed. The ECB raised interest rates last Thursday for the first time in nearly three years, attempting to curb inflation before the surge in energy costs triggered by the US-Israel war against Iran spreads further throughout the Eurozone. In his article, Kazmir stated, "Now is not the time for complacency and hesitation. Higher energy costs are likely to persist for longer than many had hoped. Even with the recent peace agreement between the US and Iran, the damage inflicted on the Middle East cannot be erased overnight." He indicated that if the ECB does not act, a second wave of effects from rising energy prices will emerge. "We have taken the first step in curbing medium-term price pressures, but the task is not yet complete. Based on the information currently available, it is increasingly clear that monetary policy has much more to do."

Elon Musk Reassures DOGE of Support to Deliver DOGE and SHIBA Gains

Jimmy Khan

Jun 22, 2022 14:13

微信截图_20220622140332.png


Elon Musk, a longtime supporter of Dogecoin (DOGE), was once again in the news this week. The entrepreneur behind Tesla Inc. and SpaceX doesn't seem to have been deterred much by a $258 billion lawsuit from promoting the joke currencies.


Elon Musk, in contrast to many others, has taken action; Tesla Inc. and SpaceX now accept DOGE and SHIB as payment for merchandise.


Keith Johnson, a cryptocurrency investor, sued Elon Musk, SpaceX, and Tesla Inc. last week for endorsing DOGE despite Musk's steadfast backing.


Johnson claimed that the defendants had conned him out of money and referred to the meme coin as a "Dogecoin Crypto Pyramid Scheme."


Defendants "falsely and fraudulently claim that Dogecoin is a legal investment when it has no value at all," Johnson continued.


Investors "who have lost money investing in DOGE since April 2019" are the ones Johnson seeks to represent.


Despite Musk's silence over the case, he has vowed to continue to support DOGE during this crypto winter.

Elon Musk Provides Support for DOGE and SHIB

News of Elon Musk responding to requests to reiterate his support for DOGE broke overnight.


Musk reacted to inquiries about the cryptocurrency market and the recent devastation while speaking to Bloomberg at the Qatar Economic Forum.


Musk made it clear that he never advocated for cryptocurrency investments. Additionally, he pointed out that Musk, Tesla Inc., and SpaceX all purchased little quantities of bitcoin (BTC) in comparison to their cash holdings.


"I want to personally support Dogecoin," Musk stated. "I just know a lot of individuals who are not that affluent who have pushed me to buy and support Dogecoin - so I'm reacting to those folks."

Musk allegedly said, "They've requested me to support Dogecoin, therefore I'm doing so," in response to requests for support from his firms' employees.


Shiba Inu (SHIB) accompanied DOGE (+9.50 percent), restoring the majority of June's losses, as Musk spoke of his support for DOGE. SHIB increased by 31.20 percent on Tuesday.