PTL announced that on March 11, 2026, the 15th meeting of the fourth board of directors of Shanghai Putailai New Energy Technology Group Co., Ltd. unanimously reviewed and approved the Proposal on Investing in the Construction of an Anode Material Production Site in Malaysia. Through its wholly owned overseas sub-subsidiary, Zichen Malaysia Sdn. Bhd., the company is expected to invest in the construction of a 50,000 mt/year lithium-ion battery anode material project in Malaysia, with a planned total investment of $297 million (or the equivalent in other currencies, approximately 2.051 billion yuan, subject to the actual investment amount and not exceeding $297 million).

We all know the relationship between Gold and US Dollars in the financial markets. When the USD rises, gold tends to fall and vice versa. It sounds simple to you, right? But understanding why this happens, and how to actually trade it like a pro trader, takes more than knowing that the pattern exists.

The latest RMB monthly report and data statistics released by the Society for Worldwide Interbank Financial Telecommunication (Swift) show that in August 2023, the RMB remains the fifth most active currency in the ranking of global payment currencies based on amount statistics, accounting for 3.47%, which hits a record high.

According to RT News Network on April 22, India and Bangladesh are gradually abandoning the use of U.S. dollars in bilateral trade and switching to their own currencies for transactions.

SHANGHAI, Mar 30 (SMM) - On the macro front, the US dollar rose against most major currencies, reversing recent losses, particularly sharply higher against the Japanese yen.

At the regular press conference of the Ministry of Foreign Affairs held on March 30, a reporter asked that the Brazilian government stated on Wednesday that Brazil and China reached an agreement that in the future, trade can be conducted in local currencies, without necessarily using the US dollar as an intermediate currency.

India and Bangladesh are moving away from US dollar in their bilateral trade in favour of their own currencies, a move welcomed by the business communities of both countries, RT reported Tuesday.

Russia and Iran have reached an agreement to avoid using the U.S. dollar in bilateral trade in favor of using their own currencies, according to a new report.

According to Indonesia's "KOMPAS" news network reported on April 20, Perry Vajiyo, Governor of the Bank of Indonesia, said that Indonesia has started trade transactions and is in the process of diversifying settlement currencies in investment, currencies other than the US dollar can be used.

According to Indonesia's "KOMPAS" news network reported on April 20, Perry Vajiyo, Governor of the Bank of Indonesia, said that Indonesia has started trade transactions and is in the process of diversifying settlement currencies in investment, currencies other than the US dollar can be used.