Renowned Column: Fitch Downgrades China’s Financial Rating Again
Global credit rating agency Fitch Ratings, based in New York, expressed concerns about China’s financial situation. Earlier this month, while…
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Policy Dividends Disappear, White-collar Employment in the United States Stagnates
Recently, a laid-off YouTube employee is about to receive their final paycheck, a former entrepreneur had to borrow money from…
Zhengzhou Bank’s Net Profit Declines for Two Consecutive Years, No Dividends for Four Years
Zhengzhou Bank’s first-quarter net profit has sharply declined, marking the second consecutive year of profit decrease and four years without…
Chinese steel companies’ first-quarter profits halved, with a profit margin of only 0.58%
In the current challenging economic environment in China, the net profits of steel enterprises continue to see significant declines. According…
Walmart: Plans to Close 51 Health Centers
Retail giant Walmart announced on Tuesday that it will be closing all 51 of its health centers in five states…
Microsoft to Invest $1.7 Billion in Building Cloud Computing and AI Center in Indonesia
Microsoft CEO Satya Nadella, currently visiting Indonesia, announced on Tuesday (April 30) that Microsoft will invest $1.7 billion in the…
Apple’s Removal from China: Video Shows Foxconn in Nanning Almost Becoming a Ghost Town
Amid escalating geopolitical tensions, Taiwanese contract manufacturers for American companies like Apple are moving their production lines out of mainland…
The Chinese Currency Depreciates Again, Facing $79 Billion Dividend Pressure
The devalued Chinese yuan is now facing a dividend pressure of $79 billion. The peak payment period will occur from…
Slowdown in Growth of China’s Manufacturing and Service Sector Activities in April
On Tuesday, official data revealed that the growth rate of China’s manufacturing and service sector activities in April slowed down….
New York Long Island sees rampant “zero-dollar purchase”, retail theft increases by more than 20% annually.
In the past year, there has been a growing trend of retail theft in both Suffolk County and Nassau County…