Tesla Model Y Tops Global Car Sales, RAV4 Comes in Second
Despite facing many challenges, the global automotive industry performed well in 2023. Data and estimates from 151 markets indicated that…
economics
Read More
Meridians: Hong Kong HSBC’s preferential interest rates remain unchanged, expected to see the first rate cut by the US Federal Reserve in the third quarter.
The Federal Reserve’s interest rate-setting committee announced that the benchmark interest rate will remain unchanged in the range of 5.25%…
Biden administration to purchase 6 million barrels of oil to replenish strategic reserves
The Biden administration announced on Friday that it will purchase an additional 6 million barrels of oil for the national…
Maotai’s Market Value Evaporated Over 100 Billion in 13 Days, Top Five Baijiu Brands Evaporated 500 Billion
In recent days, the A-share liquor sector has been in a slump. On June 13th, the stock price of Guizhou…
US Economy Shines Brightly, But Housing Costs Cast a Shadow
The United States is experiencing a cooling inflation trend, with the stock market flourishing, wages steadily rising, and plenty of…
Western Countries Mitigating Risks from China Would Benefit India the Most
Since the reform and opening-up more than forty years ago, the Chinese Communist Party (CCP) has rapidly developed by relying…
Yellen: China’s Trade Policies Seriously Disrupt US-China Economic Relationship
US Treasury Secretary Yellen has stated that China’s “overly concentrated supply chains” pose a threat to American employment and recent…
Has the Chinese Communist Party Reached a Dead End?
In the midst of the various economic and financial issues plaguing China today, the most fundamental problem is a lack…
Understanding how G7 uses frozen assets to aid Ukraine
The G7 summit opened with leaders agreeing to design a $500 billion loan to help Ukraine in its struggle for…
The journalist who understands the Federal Reserve the most: Why does Powell keep interest rates unchanged
Why does the Federal Reserve persist in keeping interest rates at their highest levels in 20 years? Nick Timiraos, a…