Category: Finance

Australia Announces Modern Manufacturing Initiative to Challenge Chinese Communist Supply Chain

The Australian government is keen to challenge China’s position in the supply of key minerals; pictured here is a rare…

China sets economic growth target of more than 6 percent this year, defense budget up 6.8 percent

At the National People’s Congress (NPC) session that opened on Friday, Chinese Communist Party Premier Li Keqiang proposed a target…

Trump executive order continues to take effect as Xiaomi, baskets are removed from FTSE Russell index

FTSE Russell, a global securities index provider, announced Friday (March 5) that it has removed Chinese smartphone company Xiaomi and…

Prices to soar? Federal Reserve Chairman Ball warned: the U.S. economy is afraid of high inflation

Jerome Hayden Powell, chairman of the Federal Reserve Board of Governors, predicted that the economy is expected to get going…

The market is crazy? U.S. stocks, U.S. bonds recently fell but the dollar, oil prices rose

Recently, financial market volatility has increased, making investors anxious. Recently, technology stocks dragged down U.S. stocks, U.S. bond prices fell…

Better-than-expected performance U.S. added 379,000 jobs in February

The U.S. Department of Labor (Labor Department) said today that the U.S. added 379,000 jobs in February and the unemployment…

Global chip shortage! Reuters: the United States is still not allowed to ship SMIC

The U.S. government has delayed approving domestic companies such as Applied Materials and Lam Research to ship chip manufacturing equipment…

Bauer talk disappoints investors U.S. tech stocks plunge again near 10% correction zone

U.S. stocks fell again on Thursday, the Nasdaq Composite Index fell nearly 10% from the record high touched in February,…