Shanghai Index Nosedives in Afternoon Session, Falls Below 4000 Points
On November 14, 2025, the mainland stock market was turbulent, with the Shanghai Composite Index plummeting at the close and…
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Former CEO of China Datang Group, Kou Wei, indicted on four charges
Former General Manager of China Datang Group, Kou Wei, has recently been indicted on four charges. Kou Wei, who retired…
iPhone 17 hot-selling in China, Apple’s sales defy the trend, growing by 22%
A private survey released on Friday (November 14th) shows that despite the sluggishness of the Chinese mobile phone market, in…
China’s property market downturn in October expands, economic data cools across the board.
China’s economy is facing severe challenges in the fourth quarter, with official data from the Chinese Communist Party showing the…
The Chinese Communist Party faces tight finances, increasing revenue in multiple areas by “substitute punishment for management”.
Due to insufficient financial revenue, many regions in China have increased fines to boost income from last year to present….
New York City October rents approaching historical high, housing pressure continues to worsen.
Before the Democratic Socialists of America (DSA) candidate Mamdani won the New York City mayoral election earlier this month, housing…
Expectations of Fed Rate Cut Cool Down, Asian Stocks Fall Alongside US Stocks
Federal Reserve officials have been releasing hawkish signals one after another, cooling down the prospects of a rate cut in…
Verizon plans to cut 15,000 jobs in largest restructuring in history.
Verizon, the American telecom giant, is planning to lay off approximately 15,000 employees, accounting for about 15% of its total…
Chinese Singles’ Day cools down, expert says weak domestic demand and lack of consumer confidence
The total sales growth of this year’s “Double 11” shopping festival in China has significantly slowed down compared to last…
IRS Announces 2026 401(k) Contribution Limits in the United States
The Internal Revenue Service (IRS) of the United States announced on Thursday (November 13) that the maximum contribution limit for…