News: PwC to Lay Off at Least 100 Employees in China After Losing Customers
Global accounting firm PwC, one of the world’s top four accounting firms, has been facing setbacks in China due to…
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Suzhou Claims to be Living Through Tough Times; Analysis: Ordinary People Are Unlucky
China’s ailing economy is becoming increasingly apparent, with local governments facing financial constraints and the Communist authorities frequently mentioning the…
China faces strong deflationary pressure, June CPI falls below expectations, PPI drops for 21st consecutive month.
China’s consumer price index (CPI) in June increased by 0.2% year-on-year, a decrease of 0.1 percentage points from the annual…
Oxford Economic Research Institute Gives Top Marks, New York City Named Best City in the World
Oxford Economics recently released the 2024 Global Cities Report, in which New York City topped the list of 1000 cities…
Hong Kong Property Market Spring Is Over, New Developments’ Prices Fall Below 2015 Levels.
In response to the significant downturn in the property market in recent years, the Hong Kong government implemented a comprehensive…
California’s Employment Rate Continues to Increase Despite Hundreds of Companies Relocating in the Past 4 Years
Since 2020, hundreds of companies and tens of thousands of people have moved out of California to other states; however,…
Which European Companies Are Downsizing From Vacuum Cleaner Retailer to Pharmaceutical Firm
Inflation rates are rising and the impact of the conflict in Ukraine has forced companies across Europe to freeze hiring…
Goldman Sachs Executive: Expect US Economy and Stock Market to Slow Down in the Second Half of the Year
The United States executive of Goldman Sachs Asset Management said on Tuesday that the U.S. economy is expected to grow…
US Government Issues Recall Inquiry for Nearly 100,000 Jeep Wranglers
The US government’s automotive safety agency is investigating potential “power loss” issues in over 94,000 Jeep Wrangler 4xe vehicles, with…
Powell: Economy no longer overheated, policy faces dual risks
On Tuesday, July 9, Federal Reserve Chairman Jerome Powell stated in his speech before the US Senate that the US…