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China scoops up more gold for reserves during trade war

Section: Daily Dispatches

By Ranjeetha Pakiam
Bloomberg News
Wednesday, August 7, 2019

There's a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world's two top economies: Beijing wants more gold in its reserves.

China's central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People's Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website. In tonnage terms, the inflow was close to 10 tons, following the addition of about 84 tons in the seven months to June. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-08-07/as-trade-war-runs-hot...



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Enabling Reward Payments Using Digital Gurrencies

Company Announcement
Tuesday, July 30, 2019

NEW YORK -- The board of Kinesis is pleased to announce an investment in and partnership with leading health and wellness company Rejuvenan. The partnership between Kinesis and Rejuvenan is expected to create major synergies between the two companies serving potentially millions of people around the world.

Rejuvenan is a digital wellness and health company that focuses on delivering an integrated and holistic approach to healthcare to its clients. Unlike other wellness/health companies, Rejuvenan's data-driven platform uses artificial intelligence to diagnose and provide clients with specific behavioral modification strategies for optimal health outcomes. By powering a Rejuvenan rewards currency based on the Kinesis platform, Rejuvenan will be able to leverage Kinesis' established operational infrastructure to provide their clients with a rewards system that incentivizes healthy lifestyles. ...

... For the remainder of the announcement:

https://kinesis.money/en/company-news/kinesis-partners-with-us-based-hea...



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