Category: Finance

Nokia cuts costs, announces 10,000 job cuts by 2023

Finnish telecom equipment maker Nokia today announced that it will cut 11 percent of its workforce over two years to…

China’s real estate tax legislation to start by 2023

The mainland official hit the real estate tax “real estate tax” and a new development, the mainland official will “promote…

Risks intensify as PBoC deputy governor advocates for “financial stability law”

On Tuesday, Liu Guiping, deputy governor of the Communist Party of China (CPC) Central Bank, wrote an article in China…

U.S.-China tech war escalates, where do Wall Street giants go from here

In the face of the escalating U.S.-China tech war, Wall Street’s financial giants, already mired in the maelstrom, are having…

Anti-monopoly guillotine, Chinese Communist Party fears strong rectification of Internet giant Alibaba

Beijing has asked Alibaba to divest its vast media holdings, including its investments in Chinese and foreign newspapers, broadcasters and…

Danger Looms, U.S. Oil Futures Curve Has Signaled

International oil prices fell sharply on Tuesday night. wti crude futures fell more than 2% below $64; brent crude futures…

U.S. February “scary data” cold, but gold is not moved

Beijing Time 20:30, known as the “scary data” of the United States in February, the monthly retail sales rate of…

China Potentially Gains $60 Billion from U.S. Bailout Bill

According to Reuters, Euler Hermes, a trade credit insurer owned by Allianz, recently released a report saying that China is…

Alibaba asked to sell media assets Scholars : Central government asks media to be “surnamed Xi”

Citing sources, the Wall Street Journal reports that Beijing has asked Alibaba to sell its media assets, including Hong Kong‘s…