Nikkei Breaks 52,000 Points, October Single Month Increase Sets 30-Year Record
The Nikkei index in Japan climbed to a historic new high on Friday (October 31), marking the largest monthly increase…
economics
Read More
Cook predicts: Holiday Season Boosts iPhone 17 Sales
On October 31, 2025, Apple CEO Tim Cook predicted that the holiday season sales of iPhones and overall revenue would…
Federal Reserve cuts interest rates, but mortgage rates increase by 20 basis points
The Federal Reserve lowered the benchmark interest rate last Wednesday (October 29th), but mortgage rates responded in the opposite way…
US and China to Temporarily Suspend Imposing Port Fees for One Year, US Shipbuilding Strategy Unchanged
The United States and China have agreed to temporarily suspend the reciprocal imposition of port fees on each other’s vessels,…
Is California’s Expensive Climate Policy Worth It?
California’s ambitious climate policies are driving up the cost of living for its residents. Taxes, regulations, and the costs of…
US Leads Efforts to Rebuild Rare Earth Supply Chain, Breaking Dependence on China
Facing the weaponization of rare earth exports by the Chinese Communist Party, the United States and its allied countries are…
Billionaires in the United States Account for One-Third of Global Total, Far Exceeding China
In 2024, the stock market surge from the previous year significantly boosted the wealth of many of the world’s top…
Mainland Liquor Enterprises See Sharp Drop in Third Quarter Profits, Wuliangye Plunges 65%
China’s leading liquor company, Yibin Wuliangye Co., Ltd. (Wuliangye), saw its net profit attributable to shareholders drop by over 65%…
Parent Company of Anshi China Requests Restoration of Zhang Xuezheng’s Position, Netherlands Responds
The Dutch government has recently taken over the control of the key chip supplier Nexperia, citing concerns over national security…
Global gold demand hits record high in Q3, investment demand surges
The World Gold Council (WGC) released a report on Thursday, October 30th, stating that global gold demand in the third…