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economics

  • economics

Financial fraud cases in China are frequent, Jin Tongling’s financial fraud case has new developments.

Bill SnyderMay 16, 2024May 16, 20245 mins

In recent years, there has been a surge in illegal activities such as fraud and financial fabrication involving Chinese listed…

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  • economics

Uber launches shuttle service, partners with Costco to compete with Lyft.

Bill SnyderMay 16, 20243 mins

Uber Technologies announced a series of initiatives on Wednesday, May 15th, including the launch of shuttle services in the United…

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  • economics

China’s Slumping Sales Prompt GAC Honda to Begin Large-Scale Layoffs

Lily AndersonMay 16, 2024July 4, 20244 mins

On May 15th, an internal employee of GAC Honda disclosed that the car company has initiated a large-scale layoff of…

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  • economics

Two brothers accused by the U.S. of stealing $25 million in cryptocurrency in 12 seconds

David SessionsMay 15, 20243 mins

The U.S. Department of Justice announced on Wednesday that two brothers have been arrested and charged with major cryptocurrency theft….

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  • economics

Harvard Expert Shares Warren Buffett’s Key Quality Without Which Success Would Be Hard

John UtMay 15, 20246 mins

Warren Buffett, the legendary investor in the eyes of global investors, holds a unique position. Every investment decision he makes…

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  • economics

Microsoft Responds to the Evacuation of AI Team in China: International Job Rotation

Nick LiMay 15, 2024May 16, 20245 mins

According to information circulating online, hundreds of employees from Microsoft China’s AI team are being “packed up” to leave China….

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  • economics

In 2024, Fucheng’s Ranking in China Drops by 2 Places, Hong Kong’s Financial Status Fades.

John UtMay 15, 2024May 16, 202415 mins

Recently released “2024 Global Wealthiest Cities Report” shows that the six Chinese cities that made it to the top 50…

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  • economics

U.S. inflation slows slightly in April, rising 3.4% year-on-year

Bill SnyderMay 15, 20244 mins

The U.S. Department of Labor released a report on Wednesday (May 15th) showing that inflation slowed slightly in April. The…

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  • economics

Mainland Durian Prices Slashed, June Selling Prices Expected to Continue Declining

Paul WilkinsMay 15, 2024May 16, 20246 mins

On May 14th, the news that “durian price dropped by half compared to last month” became a hot topic, sparking…

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  • economics

Rising Public Utility Fees in China: Experts Say Family Expenses Will Increase

Paul PriceMay 15, 2024May 16, 20244 mins

In recent times, utility fees in mainland China have seen a significant increase. According to economists, local governments in China…

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