Category: Finance

Gold bullish calls as cryptocurrency ring gets bloodied

This week, Germany, France and the U.S. will update their first-quarter gross domestic product (GDP) data, and the New Zealand…

U.S. new home sales fall 5.9% in April from a year earlier

New home sales fell 5.9% in April from March, and March data was also revised sharply lower, according to the…

Fed governor chants benefits of digital dollar

Federal Reserve Governor Lael Brainard stood up for central bank digital currencies (CBDCs), saying that central bank-backed cryptocurrencies may offer…

The gold market mechanism has changed

Lee Munson, president and CIO of Portfolio Wealth Advisors, said gold is one of the last assets to rise because…

U.S. stocks fall off two-week highs, corn falls hard

Fed officials continue to release signals that inflation is only temporarily on the upside, but under the influence of rising…

Commodity prices hit record highs, Beijing rushes to interview industry bigwigs to stabilize market

Rapidly rising prices of commodities such as iron ore, steel, copper and aluminum have forced Beijing to intervene, warning influential…

China’s Wanda Group “All Out” of AMC Theatres’ Board of Directors

China’s Wanda Group announced in an announcement on Sunday that it had “fully withdrawn” from the board of U.S. theater…

Experts warn China residents of high debt

Li Yang, director of China’s National Finance and Development Laboratory and a member of the Chinese Academy of Social Sciences,…

Southeast Asia Steps Up Tax Scrutiny, Targets Multinationals to Flood Treasury

In order to fill the huge budget gap caused by the economic impact of the epidemic, Southeast Asian countries are…