economics

Postal Savings Bank of China, established for four years, suffers a loss of 1 billion and is taken over.

David SessionsJanuary 1, 2026January 1, 20265 mins

China Postal Savings Bank Co., Ltd. (Postal Savings Bank) announced on December 31 that it has obtained regulatory approval for…

Nick LiDecember 31, 2025January 1, 20264 mins

According to Bloomberg, on Wednesday (December 31), sources revealed that China had purchased at least 8 million tons of American…

John UtDecember 31, 20254 mins

The United States Postal Service (USPS) will implement new changes in 2026, including adjusting the mail processing procedures, which may…

Erin DohertyDecember 31, 2025January 1, 20265 mins

In an effort to boost consumption amid China’s economic slowdown and severe lack of consumer demand, Shanghai, the country’s largest…

Paul WilkinsDecember 31, 20252 mins

Recently, a Weibo user who has been living in Seattle for a long time posted that for American families with…

Lynn ModiseDecember 31, 20253 mins

The US Internal Revenue Service (IRS) announced this week an increase in the tax deduction for business use of vehicles,…

Erin DohertyDecember 31, 20252 mins

According to data released by the U.S. Department of Labor on Wednesday, as of the week ending December 27, the…

Tomikazu WatanabeDecember 31, 20255 mins

In the past year, the so-called “golden” visas have gained popularity among the wealthiest segments in the United States. According…

Bill SnyderDecember 31, 20254 mins

At the end of the year, the Los Angeles-Long Beach-Anaheim area saw a decrease in housing rents. The measure to…

David SessionsDecember 31, 20253 mins

Frugal Bank advises consumers to stock up on essential items, especially household goods, as prices are expected to see a…