US Postal Service to Increase Rates, Forever Stamps to Raise by 5 Cents
The US Postal Service (USPS) will increase its mailing service prices starting from July 14th (Sunday), according to the announcement…
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Spanish Minister: EU must not be naive in negotiations on electric vehicles with China
The Spanish Minister of Economy stated that after the EU officials announced on July 4 (Thursday) that they will start…
The Ten Most Expensive Places to Buy a House in the United States in 2024.
According to a recent study by the internet digital financial advisory platform SmartAsset, half of the top 10 most expensive…
Industrial and Commercial Bank of China Warns 86 Million Customers: New Fees May be Imposed
Chase Bank’s CEO Marianne Lake has issued a warning to its 86 million customers, urging them to prepare for potential…
US secondary sanctions make Russia unable to rely too much on RMB transactions.
Russia may not be able to rely on the Chinese yuan as initially hoped, as banks in Beijing have to…
French and Spanish authorities destroy Chinese money laundering group
Spanish and French police announced on Friday (July 5) that they have dismantled a Chinese money laundering network processing €1…
Analysis: Why are small banks in China disappearing in large numbers?
China’s small banks are currently facing a savings and loan (S&L) crisis. Over the course of a week leading up…
US Adds 206,000 Jobs in June, Unemployment Rate Rises to 4.1%
The US Department of Labor released a report on Friday (July 5) showing that the number of new nonfarm jobs…
Shenzhen Financial Platform Explodes: Largest Shareholder Belongs to Vanke
In the Chinese city of Shenzhen, the financial information service enterprise “Peng Ding Chuang Ying” has been facing difficulties in…
Shanghai Composite Index sees 7 consecutive weekly declines, trading volume continues to shrink.
On July 5, the Shanghai Composite Index closed lower for the seventh consecutive week. At the end of the trading…