Hong Kong’s average wealth ranks third globally: Analysis of capital inflow from mainland China drives up property prices
A recent survey shows that Hong Kong’s per capita wealth has grown by over 5% annually, reaching over 580,000 US…
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Zong Fuli suddenly resigns: Inner conflicts within Wahaha exposed?
On February 25th this year, the founder of the Chinese beverage giant “Wahaha,” Zong Qinghou, passed away, and control of…
PwC Drastically Cuts Compensation for Partners in China
PwC China Partners Asked to Take 50% Pay Cuts Amid Regulatory Investigation Two informed sources revealed to Reuters that PricewaterhouseCoopers…
US Unemployment Benefits Applications Increase, Labor Market Slows
On Thursday, July 18, the United States Department of Labor released the latest weekly report on initial jobless claims for…
Amazon Prime Day sales reach $14.2 billion, up 11%
Retail giant Amazon set a new record in sales during its two-day annual “Prime Day” promotion this week, with its…
News: Newsom has signed 125 new California laws this year
In the year 2024, Governor Newsom has signed 125 new laws as of July 15, most of which will take…
Analysis: rampant online refund without return, moral decay breeds chaos
In recent years, mainland China’s e-commerce platforms have introduced the “refund only” policy – consumers can request a refund without…
US-China Tech War Intensifies, Asian Semiconductor Stocks Plunge Sharply
On Thursday, Asian semiconductor stocks saw a sharp decline, with Taiwan Semiconductor Manufacturing Co. (TSMC) experiencing the largest drop in…
Biden Forgives $1.2 Billion Student Loans for 35,000 Public Servants
On Thursday, President Biden announced a new round of student loan forgiveness program, which will forgive $1.2 billion in student…
Japan’s exports grow for seven consecutive months, achieves trade surplus.
Japan’s Ministry of Finance released preliminary trade data on Thursday, showing a trade surplus of 224 billion yen (about 1.4…