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Russian banks say they've run out of yuan as Chinese firms pull away from the nation (markets.businessinsider.com)

Russia’s yuan reserves are nearly depleted due to Chinese banks’ fear of US sanctions....

Germany has too many solar panels, and it's pushed energy prices into negative territory (markets.businessinsider.com)

China ramps up de-dollarization efforts by dumping a record amount of US bonds (markets.businessinsider.com)

S&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist says (markets.businessinsider.com)

The Great China Unwind: Foreign Investors Pull $29B Out Of Chinese Equity Markets In 2023 despite the People’s Bank's efforts at making China an attractive opportunity for foreign investment (markets.businessinsider.com)

Nearly 90% of the foreign investment inflows into Chinese equity markets in 2023 has been withdrawn as sentiment crumbles and investors losing confidence in major Chinese institutions....

5 million barrels of Russian oil on the way to India never arrived (markets.businessinsider.com)

Roughly five million barrels of Russian oil that was on the way to India never reached their destination, according to a Bloomberg report....

Guyana has the fastest growing offshore oil development 'in the history of the world,' energy expert says (markets.businessinsider.com)

Guyana’s oil production is booming, and it’s growing at an unprecedented pace, according to energy expert Dan Yergin....

The stock market is edging toward extremes of Great Depression and dot-com eras (markets.businessinsider.com)

Bonds go bonkers as the US government now pays more than Vietnam or Morocco to borrow (markets.businessinsider.com)

US debt interest payments surge past $1 trillion yearly pace, worsening concerns about massive borrowing (markets.businessinsider.com)

Indian Government Gets More Uneasy Buying Russian Oil With Chinese Yuan (markets.businessinsider.com)

Defense stocks jump as war rages between Israel and Hamas (markets.businessinsider.com)

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)

Texas power prices soar 20,000% as brutal heat wave sets off emergency::On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)

Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave....

Russia says there's a problem with billions of rupees it has in India that need to be converted (markets.businessinsider.com)

4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value (markets.businessinsider.com)

4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.

Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth (markets.businessinsider.com)

Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth::Only eight companies in the S&P 500 have larger market values than Apple’s outlay on share repurchases over the last decade.

China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says (markets.businessinsider.com)

China’s tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says::Alibaba, TikTok-owner Bytedance, and other Chinese tech giants have reportedly rushed to order Nvidia chips as US-China trade tensions mount.

South Africa Inflation Lowest In 20 Months (markets.businessinsider.com)

(RTTNews) - South Africa’s consumer price inflation slowed for an eighth month in a row in June to its lowest level in nearly two years, preliminary data from Statistics South Africa showed Wednesday....