- December 26th, 2024
Hundreds of Chinese investors who lost their life savings in the collapse of real estate giant China Evergrande have launched a strategic campaign to demand updates from authorities on the ongoing investigation into the company’s failure. This grassroots effort underscores...
The Reserve Bank of New Zealand (RBNZ) cut its cash rate for the third time in four months on Wednesday, trimming it by 50 basis points to 4.25%. The decision, which aligned with the expectations of most analysts, signaled the...
Chinese state media responded critically late Tuesday to U.S. President-elect Donald Trump’s promise to impose additional tariffs on Chinese goods, calling his justification of fentanyl trafficking a diversionary tactic. Trump, set to assume office on January 20, has pledged a...
Shares of SF Holding Ltd., China’s largest express delivery firm, rose in their Hong Kong debut on Wednesday, reflecting moderate investor confidence despite an uncertain market climate. The company’s listing, the second-largest in Hong Kong this year, underscores its dominance...
Asian markets were mixed on Wednesday as traders assessed the fallout of former U.S. President Donald Trump’s proposed tariffs and looked ahead to key economic data and policy decisions. The New Zealand dollar surged after the nation’s central bank hinted...
Oil prices showed stability in early trading on Wednesday as markets digested the implications of a ceasefire agreement between Israel and Hezbollah. The agreement, brokered by the United States and France, marks a potential end to months of border conflict...
The global financial markets reacted sharply after President-elect Donald Trump announced his intention to impose additional tariffs on imports from China, Mexico, and Canada. In his latest posts on the Truth Social network, Trump detailed plans for a 10% tariff...
As U.S. President-elect Donald Trump escalates his rhetoric against China, threatening to impose an additional 10% tariff on all Chinese imports, the Chinese Embassy in Washington has pushed back, warning that neither nation would emerge victorious from a trade war....
Walmart, the world's largest retailer, has announced significant shifts in its diversity, equity, and inclusion (DEI) policies, following increasing pressure from conservative activists. The retailer confirmed on Monday that it would be making adjustments to its practices, ranging from product...
In a sharp rebuke of Hong Kong's role in global finance under Beijing's influence, U.S. lawmakers have expressed alarm at the city’s growing association with international financial crimes. Once heralded as a global financial hub with a foundation of free-market...
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