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02:14
South Korea's crude oil imports from the Middle East fell by 37% year-on-year in April
1. According to statistics from the Korea International Trade Association, South Korea's total crude oil imports in April were 8.46 million tons, a year-on-year decrease of 22.8%. 2. Crude oil imports from the Middle East during the month amounted to 4.49 million tons, a year-on-year drop of 37.3%, accounting for 53.1% of total imports. This proportion decreased by 12.1 percentage points from 65.2% in the same period last year. 3. As South Korea's largest crude oil supplier, Saudi Arabia's crude oil supply in April fell to 2.14 million tons, a year-on-year decrease of 37.6%. 4. Meanwhile, South Korea's crude oil imports from the United States were 2.14 million tons, a year-on-year increase of 13.4%.
02:08
South Korea plans to allow foreign investors to directly trade domestic ETFs
At present, the Korea Composite Stock Price Index has seen a sharp increase, which is expected to attract more overseas capital into the market. Related reports indicate that the Korea Financial Services Commission is working to revise relevant industry regulations to allow foreign investors to directly invest in domestic exchange-traded funds, with a preliminary announcement planned for next month. According to officials from Korea's financial authorities, further opening up of the financial market can boost the demand of foreign capital for Korean assets and increase inflows of US dollars. Analysts believe that if the Financial Services Commission and the Ministry of Finance reach a consensus on withholding tax issues and brokers complete trading system upgrades, this policy could be officially implemented in the second half of the year.
02:02
"Machì" narrowly escapes liquidation, with partial positions force-liquidated before a market V-shaped rebound, and makes another deposit this morning to chase further gains.
BlockBeats news, on May 24, according to HyperInsight monitoring, "Maji" had part of its Ethereum long positions liquidated yesterday (17 hours ago), after which the market stopped falling and rebounded. Subsequently, they transferred $125,000 and continued to increase their Ethereum long positions. At press time, they hold 25x Ethereum long positions totaling 6,980.4181 tokens, worth $14.79 million. The current price of Ethereum is only about 2% away from their liquidation price.
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