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23:04
United Nations: The number of vessels passing through the Strait of Hormuz drops by 95.3%
On April 28 local time, United Nations Secretary-General spokesperson Stéphane Dujarric stated at a regular press briefing that, according to the newly launched online tracking dashboard by the United Nations Conference on Trade and Development (UNCTAD), since February 28, the vessel traffic related to the Strait of Hormuz has decreased by 95.3%. Meanwhile, global bulk food prices have risen by 6%, and crude oil prices in Europe have increased by 53%. (CCTV)
22:58
Pump.fun burns PUMP tokens worth $370 millions and launches revenue buyback and burn plan
Jinse Finance reported that on April 29, Pump.fun announced all previously repurchased PUMP tokens have been burned, involving an amount of approximately $370 million, accounting for about 36% of the current circulating supply. In addition, Pump.fun has launched a new programmatic buyback and burn mechanism, planning to use 50% of revenue to buy back and burn PUMP tokens over the next year.
22:56
Mining giant Grupo México's first-quarter profit increased by 57%
This leading copper producer group reported a net profit of $1.71 billion in the first quarter, with revenue increasing by 33% to $5.57 billion—higher than the analyst estimate of $5.53 billion from the London Stock Exchange Group (LSEG) survey. First-quarter copper production was 258,138 metric tons, a year-on-year decrease of 2.8%, mainly due to lower output at its Peruvian mines, but this was offset by increased production at its mining units in Mexico and the United States. First-quarter core earnings or EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew nearly 50% to $3.31 billion. Mexico Group, controlled by billionaire German Larrea, is one of the world's largest copper producers by output.
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