economics

HSBC Hong Kong’s Commercial Real Estate Default Penalty Soars by 456%

Bill SnyderSeptember 23, 2024September 24, 20246 mins

HSBC’s commercial real estate default amount in Hong Kong surged by 456% in the first half of the year, signaling…

Lynn ModiseSeptember 23, 2024September 24, 20244 mins

On Monday, September 23, White House National Economic Advisor Lael Brainard visited the Michigan Workforce Hub in Detroit to announce…

Nick LiSeptember 23, 2024September 24, 20247 mins

The People’s Bank of China (referred to as the “PBOC”) injected 234.6 billion yuan into the banking system on Monday,…

David SessionsSeptember 23, 20243 mins

Argentina’s President Javier Milei, who took office less than a year ago, has seen a significant increase in foreign currency…

Erin DohertySeptember 23, 20246 mins

Renting a car can seem like a great option, allowing you to have a good car that you might not…

Tomikazu WatanabeSeptember 23, 2024September 23, 20244 mins

Recently, in the first eight months of this year, Chinese automotive companies engaged in a “price war” leading to an…

Tomikazu WatanabeSeptember 23, 2024September 23, 20245 mins

In a report from September 23, 2024, BMW China announced its withdrawal from the price war in the Chinese automotive…

Jesse HanSeptember 23, 2024September 23, 20244 mins

China’s economy continues to stagnate with insufficient consumption. The latest market prices show that a bottle of Feitian Maotai has…

David SessionsSeptember 23, 2024September 23, 202410 mins

Epoch Times September 23, 2024 News Roundup: 1. Mainland China-Made Aircraft C919 Encounters Malfunction, Swaps for Airbus to Fly Netizens…

Jesse HanSeptember 23, 20245 mins

Democratic presidential candidate Hakeem Joy will unveil a new set of economic proposals in Pittsburgh, Pennsylvania, on Wednesday (September 25)…