China’s Slumping Sales Prompt GAC Honda to Begin Large-Scale Layoffs
On May 15th, an internal employee of GAC Honda disclosed that the car company has initiated a large-scale layoff of…
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Two brothers accused by the U.S. of stealing $25 million in cryptocurrency in 12 seconds
The U.S. Department of Justice announced on Wednesday that two brothers have been arrested and charged with major cryptocurrency theft….
Harvard Expert Shares Warren Buffett’s Key Quality Without Which Success Would Be Hard
Warren Buffett, the legendary investor in the eyes of global investors, holds a unique position. Every investment decision he makes…
Microsoft Responds to the Evacuation of AI Team in China: International Job Rotation
According to information circulating online, hundreds of employees from Microsoft China’s AI team are being “packed up” to leave China….
In 2024, Fucheng’s Ranking in China Drops by 2 Places, Hong Kong’s Financial Status Fades.
Recently released “2024 Global Wealthiest Cities Report” shows that the six Chinese cities that made it to the top 50…
U.S. inflation slows slightly in April, rising 3.4% year-on-year
The U.S. Department of Labor released a report on Wednesday (May 15th) showing that inflation slowed slightly in April. The…
Mainland Durian Prices Slashed, June Selling Prices Expected to Continue Declining
On May 14th, the news that “durian price dropped by half compared to last month” became a hot topic, sparking…
Rising Public Utility Fees in China: Experts Say Family Expenses Will Increase
In recent times, utility fees in mainland China have seen a significant increase. According to economists, local governments in China…
Foreigners entering China only 30% of pre-pandemic levels
Amid concerns about the growth potential of the Chinese economy facing significant challenges, data from the Chinese Ministry of Culture…
Mainland Listed Banks’ Net Interest Income Sees Negative Growth for the First Time in 2017
On May 14th, a report released by Ernst & Young (EY), the multinational professional service firm headquartered in London, revealed…