The IRS is Increasing Audit Efforts: Who is the Target?
The United States Internal Revenue Service (IRS) announced on Thursday (May 2nd) that it is intensifying its audit efforts to…
economics
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The Ten Most Unaffordable Cities in the United States, Second Place is Surprising
Owning a home is one of the key pillars of the American dream. However, for many families, the picturesque lifestyle…
Hong Kong May Day Fireworks Show Criticized by Mainland Tourists
Authorities set off fireworks near the sea in Tsim Sha Tsui on the evening of May 1, but many citizens…
Costco to Offer New Shopping Service – Members Will Be Pleased
Costco, the American warehouse-style chain store popularly known as “好市多” or “開市客” in Chinese, has a massive membership base and…
Gold prices are soaring: Warren Buffett’s evaluation of investing in gold in three sentences.
Despite a slight decline in gold prices since mid-April, the price of gold continues to hover near historic highs during…
Hong Kong Tax Department Issues 2.44 Million Tax Returns, Total Tax Revenue Reaches 342 Billion Last Year.
The Inland Revenue Department issued about 2.44 million individual tax returns to taxpayers on the 2nd, including 670,000 electronic tax…
Hong Kong’s first quarter GDP growth slows to 2.7% year-on-year.
On May 3, 2024, the government statistics department released the preliminary estimate of the local Gross Domestic Product (GDP) for…
Survey: 70% of SMEs in Hong Kong believe that Mainland Chinese tourists’ spending boosts business significantly.
According to a recent “Hong Kong SME Business Condition Survey” released by the Hong Kong Small and Medium Enterprises Association…
iPhone sales drop by 10%, Apple announces largest buyback in history
On Thursday, May 2nd, Apple Inc. announced its financial results for the second quarter of the 2024 fiscal year (corresponding…
China’s Top Four Banks Experience Decline in Revenue and Profit, Experts Analyze 5 Major Reasons
China’s state-owned banks recently released their first quarter financial reports, showing decreases in both operating income and net profit for…