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economics

  • economics

Mainland’s 41 A-share listed real estate companies report combined losses of 87.2 billion yuan in first three quarters

John UtOctober 31, 2025November 1, 20255 mins

In recent news from mainland China, the ongoing substantial losses of real estate enterprises continue to persist. According to the…

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  • economics

US statistical software company SAS exits China, lays off 400 employees

Lynn ModiseOctober 31, 2025November 1, 20255 mins

US statistical analysis software company SAS Institute has reportedly exited the Chinese mainland market and laid off 400 local employees,…

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  • economics

Baijiu Price Slashed in Half in Four Years, Some Distributors to Lose Hundreds of Thousands this Year

Nick LiOctober 31, 2025November 1, 20255 mins

China’s Economy Rapidly Declining, Consumer Spending Downgrade China’s leading liquor company, Kweichow Moutai, is experiencing a significant downturn in performance…

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  • economics

Ford Recalls 227,000 Vehicles in the US Due to Windshield Blockage Issues

Paul PriceOctober 31, 20251 mins

The National Highway Traffic Safety Administration (NHTSA) of the United States announced on Thursday, October 30th, that Ford Motor Company…

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  • economics

BYD releases third quarter report, net profit drops 30% year-on-year

John UtOctober 31, 2025November 1, 20256 mins

On October 31st, the Hang Seng Tech Index in Hong Kong opened low and continued to decline by over 2%…

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  • economics

Chinese manufacturing PMI in contraction territory for 7th consecutive month

Erin DohertyOctober 31, 2025October 31, 20252 mins

In news dated October 31, 2025, China’s Purchasing Managers’ Index (PMI) for the manufacturing sector in October stood at 49.0%,…

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  • economics

Nikkei Breaks 52,000 Points, October Single Month Increase Sets 30-Year Record

John UtOctober 31, 20254 mins

The Nikkei index in Japan climbed to a historic new high on Friday (October 31), marking the largest monthly increase…

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  • economics

Cook predicts: Holiday Season Boosts iPhone 17 Sales

Paul WilkinsOctober 31, 20256 mins

On October 31, 2025, Apple CEO Tim Cook predicted that the holiday season sales of iPhones and overall revenue would…

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  • economics

Federal Reserve cuts interest rates, but mortgage rates increase by 20 basis points

Erin DohertyOctober 31, 20255 mins

The Federal Reserve lowered the benchmark interest rate last Wednesday (October 29th), but mortgage rates responded in the opposite way…

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  • economics

US and China to Temporarily Suspend Imposing Port Fees for One Year, US Shipbuilding Strategy Unchanged

Nick LiOctober 31, 2025October 31, 20255 mins

The United States and China have agreed to temporarily suspend the reciprocal imposition of port fees on each other’s vessels,…

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