Target announces first large-scale layoffs in a decade, affecting 1800 positions.
On Thursday, October 23, the American retail giant Target announced that it will be laying off 1800 employees. This is…
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Chinese subsidiary of Ance Rejects Personnel Order from Dutch Headquarters.
The dispute between Nexperia, a semiconductor company based in the Netherlands, and its Chinese counterpart is escalating. The Chinese subsidiary…
California housing market fuels construction materials industry, Chinese flooring businesses flexibly arrange supply chain.
California’s housing market has shown signs of rebound recently, with both sales volume and prices seeing an increase in October….
US Mortgage Interest Rates Drop to Lowest Level in Over a Year
In the news dated October 24, 2025, it is reported that the average interest rate for 30-year fixed-rate mortgages in…
Former White House adviser appointed as Boeing’s China CEO fluent in Mandarin.
Boeing appointed former White House advisor Landon Loomis, who speaks fluent Mandarin, as the company’s China region president on Thursday,…
U.S. sanctions Russian energy giant, oil prices surge 5% to hit four-month high
On Thursday, October 23, the Trump administration announced sanctions on two major Russian oil companies to pressure Moscow to end…
EU Imposes Sanctions on Russia, Two Chinese Refineries and CPC Hong Kong Listed
On October 24, 2025, the official journal of the European Union revealed that the EU had added two Chinese oil…
Average U.S. Housing Ownership Time Reaches 25-Year High
US Homeownership Tenure Hits Highest Level in 25 Years A recent announcement by the US real estate analysis company ATTOM…
Intensifying Competition in Chinese Catering Industry: Dine-In Prices Drop to 10-Year Lows
China’s economy continues to decline, with many industries facing a downturn, leading to a lack of market confidence and decreased…
Continued price drop of new energy vehicles in China intensifies market competition
The price reduction trend in mainland China’s automobile industry continues to spread, with several popular new energy passenger car models…