Founder of 360 Company, Zhou Hongyi, resigns as Chairman of Qihoo Technology
360 founder, chairman, and CEO Zhou Hongyi has resigned as the chairman and director of Qifu Technology (formerly 360 DigitTech)…
economics
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Shanghai and Shenzhen Stock Exchanges Break 500 Billion RMB for 3 Consecutive Days, Hong Kong Stock Trading Volume Hits Nearly Six-Month Low.
On August 14th, the major indexes of the A-share market all fell, and the trading volume of Shanghai and Shenzhen…
US inflation slows to 2.9% in July, lowest level in three years.
The U.S. Department of Labor released a report on Wednesday (August 14) showing that the Consumer Price Index (CPI) for…
US consumers reject high prices, experts say it could curb inflation.
From Amazon and Disney to the Yum Brands conglomerate (which owns KFC, Pizza Hut, etc.), some major American companies are…
China’s Property Market Crisis Unresolved, 48 Million Unsold Homes under Construction
According to a report from Bloomberg Industry Research, at least 48 million homes in China have been sold before construction…
Keijinli to deliver first policy speech focusing on economic issues.
On August 14, 2024, Democratic Vice President and presidential candidate Kamala Harris will deliver her first policy speech as the…
Goldman Sachs and Morgan Stanley Both Predict Significant Increase in Risks of US Economic Recession.
Goldman Sachs and JPMorgan’s models show that the US bond market and stock trends indicate a significant increase in the…
Pork Market Turmoil: Vion International’s Revenue Drops by Over 6%
On August 13, Wan Zhou International Limited (Shuanghui International Holdings Limited) released its financial report for the first half of…
California’s housing market remains hot in the second quarter, more people unable to afford homes
California Association of Realtors (C.A.R.) pointed out on Tuesday (August 13) that due to the rising prices and mortgage rates,…
Declining Net Profit Despite Increased Revenue at Country Garden Services Falls Over 30%
On August 13, Country Garden Services released its performance forecast for the first half of 2024, showing a slight increase…