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economics

  • economics

Over 3,000 A-share companies release third-quarter reports, with over half reporting profit decline.

Jesse HanOctober 29, 2025October 30, 20255 mins

As of Tuesday evening, over 3000 A-share listed companies have released their third-quarter financial reports, with around 1800 companies experiencing…

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  • economics

Fed Cuts Interest Rates by 25 Basis Points, Uncertainty Looms Over December

Bill SnyderOctober 29, 20257 mins

The Federal Reserve announced a 25 basis point rate cut on Wednesday (October 29th), bringing the federal benchmark interest rate…

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  • economics

US government shutdown could lead to $7 billion to $14 billion in losses

Tomikazu WatanabeOctober 29, 20255 mins

The Congressional Budget Office (CBO) in the United States indicated on Wednesday that a government shutdown could result in economic…

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  • economics

Honda temporarily halts production at Mexican plant due to shortage of semiconductor chips

Paul WilkinsOctober 29, 2025October 30, 20254 mins

Honda Motor Co. has suspended car production in Mexico on Tuesday due to an ongoing shortage of Ansys chips. The…

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  • economics

Sinopec’s Main Business Shrinks, Net Profit Plunges Over 30% in the First Three Quarters

John UtOctober 29, 2025October 30, 20257 mins

Sinopec’s Third Quarter Financial Report Shows Decline in Revenue and Profit Sinopec released its third-quarter financial report on October 29th,…

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  • economics

China’s COFCO Group Begins Purchasing American Soybeans Ahead of Xi-Trump Meeting

Lynn ModiseOctober 29, 2025October 30, 20257 mins

Several American media outlets reported on Wednesday (October 29) that China has made its first purchase of American soybeans since…

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  • economics

CMS: Monthly Premium for Low-Cost Health Insurance Plan is around $50

John UtOctober 29, 20253 mins

On October 29, 2025, the Centers for Medicare & Medicaid Services (CMS) in the United States released a Fact Sheet…

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  • economics

Property market continues to decline, intermediaries in Shenzhen and Hangzhou lament the difficulty of survival.

Erin DohertyOctober 29, 2025October 29, 202514 mins

In the midst of the persistently sluggish Chinese real estate market, with “stabilizing housing prices” becoming the top “political task”…

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  • economics

US stocks hit new high as tech giants lead surge, Nikkei breaks 51,000 points

David SessionsOctober 29, 20255 mins

On Tuesday, October 28th, driven by tech giants, the three major stock indices in the U.S. closed at historic highs….

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  • economics

New York hosts real estate summit, expert says market sentiment is positive.

David SessionsOctober 29, 20254 mins

The 17th New York City Real Estate Expo (NYC Real Estate Expo) grandly took place at the New York Marriott…

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