“Medicine Cabinet Maotai”: Pai Zi Huang, Price Drops from 1600 Yuan to 600 Yuan
In China, a product known as “Pianzaihuang”, dubbed the “Maotai of medicine,” has seen a significant drop in price from…
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Mainland Liquor Company “Kouzi Cellar” reports a 92% year-on-year drop in net profit for the third quarter
Anhui Koushi Liquor Co., Ltd. (Koushi Cellar) reported a significant decline in both operating income and net profit for the…
Mainland Feiteng Moutai wholesale price falls below 1700 yuan for the first time
On October 28th, the wholesale price of Feitian Moutai in mainland China dropped below 1700 yuan per bottle for the…
Over 3,000 A-share companies release third-quarter reports, with over half reporting profit decline.
As of Tuesday evening, over 3000 A-share listed companies have released their third-quarter financial reports, with around 1800 companies experiencing…
Fed Cuts Interest Rates by 25 Basis Points, Uncertainty Looms Over December
The Federal Reserve announced a 25 basis point rate cut on Wednesday (October 29th), bringing the federal benchmark interest rate…
US government shutdown could lead to $7 billion to $14 billion in losses
The Congressional Budget Office (CBO) in the United States indicated on Wednesday that a government shutdown could result in economic…
Honda temporarily halts production at Mexican plant due to shortage of semiconductor chips
Honda Motor Co. has suspended car production in Mexico on Tuesday due to an ongoing shortage of Ansys chips. The…
Sinopec’s Main Business Shrinks, Net Profit Plunges Over 30% in the First Three Quarters
Sinopec’s Third Quarter Financial Report Shows Decline in Revenue and Profit Sinopec released its third-quarter financial report on October 29th,…
China’s COFCO Group Begins Purchasing American Soybeans Ahead of Xi-Trump Meeting
Several American media outlets reported on Wednesday (October 29) that China has made its first purchase of American soybeans since…
CMS: Monthly Premium for Low-Cost Health Insurance Plan is around $50
On October 29, 2025, the Centers for Medicare & Medicaid Services (CMS) in the United States released a Fact Sheet…