• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 14th - Before the outbreak of the war with Iran, large quantities of Russian oil were stockpiled on tankers at sea, typically sold at extremely low prices. However, this situation changed rapidly as the conflict with Iran limited the supply of unsanctioned crude oil. Analysts at ship tracking data provider Kpler estimated that approximately 135 million barrels of Russian crude oil were at sea before the start of "Operation Epic Fury." As of Friday, this figure had dropped to 121 million barrels, indicating that Asian buyers quickly snapped up Russian crude oil and shipped it ashore. It is unclear exactly how much of this crude oil has been sold, but Kpler senior crude oil analyst Navin Das estimates that an average of over 4 million barrels of Russian crude oil have been unloaded at ports daily this month.Bank of America analyst Michael Hartnett warned that a further decline in the S&P 500—to around 6,600 points, just 1% below recent levels—could trigger a policy response from the White House or the Federal Reserve.Zelensky of Ukraine: Understandably, the worlds attention has turned to the Middle East, which is not good for Ukraine.On March 13, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held a telephone conversation with Afghan Foreign Minister Mutaqi at the latters request. Wang Yi stated that the more turbulent the external environment, the more regional countries should strengthen unity and cooperation to overcome difficulties and forge a path of cooperative and shared security. Afghanistan and Pakistan are inseparable brothers and neighbors that cannot be moved. Issues between the two countries can only be resolved through dialogue and consultation. Force will only complicate the situation, exacerbate conflicts, and benefit neither side, while also threatening regional peace and stability. China has always maintained an objective and impartial stance on the Afghan-Pakistani conflict. Chinas Special Envoy for Afghan Affairs is currently mediating between the two countries, hoping that both sides will remain calm and restrained, engage in face-to-face exchanges as soon as possible, achieve a ceasefire quickly, and resolve differences through dialogue. China is willing to continue making positive efforts to achieve reconciliation and ease tensions between Afghanistan and Pakistan. The two sides also exchanged views on the situation in Iran. Wang Yi reiterated Chinas principled position, stating that China is willing to work with the international community, including Afghanistan, to continue playing a constructive role in striving for peace.According to the Wall Street Journal, the amphibious assault ship USS Tripoli, based in Japan, and its accompanying marines are en route to the Middle East. Officials say marines are already in the Middle East supporting operations against Iran.

Abrdn buys stake in digital assets exchange Archax

Skylar Shaw

Aug 15, 2022 14:36

微信截图_20220815143226.png


In the midst of a larger push by investors into crypto-assets despite a recent decline in value, British asset manager abrdn has purchased a stake in digital asset exchange Archax.


A spokeswoman for abrdn said the investment, which was made for an undisclosed value, provides the asset manager the biggest external holding in Archax and earns it a seat on the asset management's board.


Archax, which was established in 2018, gives users access to blockchain-based digital assets and was the first exchange for digital securities to get regulatory authorisation from the Financial Conduct Authority, according to a statement from abrdn.


According to abrdn Chief Executive Stephen Bird, "Blockchain technologies are inescapably going to form a large part of the future of financial markets."


The Financial Times broke the news of the purchase first.


The action taken by Abrdn is indicative of a broader uptick in institutional investors' interest in digital assets.


The largest asset manager in the world, Blackrock, has introduced a spot bitcoin private trust for institutional clients and teamed up with cryptocurrency exchange Coinbase to provide some of its services to customers.


This week, Abrdn cautioned that it will take longer to expand its sales and posted lower-than-expected earnings due to choppy markets.