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End of easy-cash era is going to hurt
Category: Markets
China lifts import ban for 63 Taiwanese businesses
IRS Announces Start of 2023 Tax Season: Here Are Some Key Changes
Chinese bank deposits exceed loans by $6.5tn as caution prevails
Philippine December inflation at 14-year high as food prices jump
Taiwan Likely to Fine Foxconn for Unauthorized China Investment, Source Says
U.S. gains full access to audits of Chinese companies in breakthrough
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
Compounded by concerns of a looming global recession, U.S. stock indexes rallied to kick off the trading week on Monday, Dec. 12 — lifted in part by gains in Microsoft and Pfizer. As investors gird for inflation and recession data however, a policy announcement from the Federal Reserve is expected later in the week. […]
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How did Bruce Lee die? New hypothesis sheds some light on the cause
“The Way of the Dragon” star was at the age of 32 when he suddenly laid down on July 20, 1973, in Hong Kong. That day, Lee suffered a headache and took an Equagesic, aspirin and tranquilizer combination. The star went to sleep and never woke up. When you take in an excessive amount of […]
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Europe’s Central Bank Declares War on Bitcoin
Marking the latest blow to believers of digital currencies, no less than the European Central Bank has openly declared war on Bitcoin in a recent communique. The missive was published directly on the ECB’s Blog on Nov. 30 and is titled Bitcoin’s Last Stand. Despite being transmitted under the form of a blog post, this was […]
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Mysteries of Universe in Focus for South African Mega Telescope
BEIJING – Chinese solar panel maker LONGi Green Energy Technology Co. Ltd said on Monday it will provide evidence to show it is complying with U.S. laws after the U.S. Department of Commerce found it to be circumventing tariffs. […]
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Three of China’s Biggest Banks to Provide Support for Property Developers
Backlink: VISIONTIMES Three of China’s biggest commercial banks have agreed to provide fundraising support to property developers, including industry giant Vanke, in a coordinated effort to support the country’s embattled property sector. It marks one of the latest moves by state-owned banks to respond to Beijing’s call to ease pressure on debt-laden developers and […]
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How China Uses COSCO Ships to Boost Its Political Influence Abroad
Backlink: VISIONTIMES As of March of this year, state-owned COSCO Shipping owns and operates more than 400 container ships operating in and out of 558 ports worldwide, according to Statista. Along with hundreds of tankers and other vessels, COSCO has become one of the world’s top three largest port operators. […]
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Dollar Advances Ahead of Inflation Data As Cryptocurrencies Crumble
Backlink: VISIONTIMES The dollar regained its footing on Wednesday, Nov. 9 ahead of key U.S. inflation data due later in the day, while cryptocurrencies were fragile after a bailout deal for exchange FTX by its bigger rival Binance collapsed. The greenback surged overnight against its peers and held to those gains in early Asia […]
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