Competition intensifies as membership declines, Chinese media iQIYI’s profits drop by 73%
Beijing iQIYI Technology Co., Ltd. (iQIYI) saw a 73% year-on-year decline in profit in 2025. Analysts believe that with intensified…
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California Gas Prices Continue to Rise Causing Public Outrage Industry: Excessive Regulation is the Main Cause
Los Angeles’ regular gasoline price continued to rise to $4.694 per gallon this Friday, a nearly 7-cent increase from the…
Hong Kong government uses foreign exchange reserves for the first time in 42 years, causing concern.
The Hong Kong government recently announced the utilization of 150 billion Hong Kong dollars from its foreign exchange fund for…
Battle for Africa’s Minerals Between US and China Exposes Strategic Weakness of Communist Party, Experts Say
The Democratic Republic of the Congo, the world’s largest cobalt exporter, has tightened its export quotas, causing a sharp increase…
Chinese central bank to reduce intervention in currency to slow down renminbi appreciation速率
The People’s Bank of China, the central bank of the Chinese Communist Party, announced on Friday (February 27) that it…
US wholesale prices rise 0.8% in January, surpassing expectations.
The Bureau of Labor Statistics in the United States released data on Friday, February 27, showing that wholesale prices rose…
Doxi Financial Technology Company Cuts 40% of Staff, Triggering Job Loss Anxiety.
Twitter founder Jack Dorsey’s financial technology group Block announced a shocking downsizing plan last Thursday, February 26th, that is shaking…
Paramount Increases Acquisition of Warner, Netflix’s Withdrawal Boosts Stock Price
On Thursday, February 26, Netflix made a statement refusing to raise its acquisition offer for Warner Brothers Discovery (WBD), allowing…
Mainland residents in many places: Fewer people traveling for the Lunar New Year, commercial areas witnessing a wave of closures
During the Chinese New Year period, which should be a peak time for businesses to make money, many areas in…
Lotte Bio Bets on Pharmaceutical Companies Shifting Orders to China
South Korean conglomerate Lotte Group’s pharmaceutical subsidiary, Lotte BioPharmaceuticals, is betting on global drug production shifting away from China due…