Category: Finance

Mexico Pushes Electricity Market Overhaul, Will Raise Trade Tensions with U.S. and Canada

The Financial Times reported that Mexico’s Congress is expected to pass a new bill to overhaul the electricity market, when…

Silver is crazy, can gold break the range?

[Market Review]. Silver surged above $30 at one point. Silver rose for the third straight session, breaking the $30 barrier…

Amazing! PetroChina’s net profit after deducting 23.4 billion, market value evaporated 90%

PetroChina lost $23.4 billion last year. This picture shows a PetroChina gas station in Beijing. CNPC released its earnings forecast…

Silver price soars above $30 for first time in eight years

In the U.S. stock retail investors Reddit sub-forum WallStreetBets (WSB) retail investors called for “the biggest silver shorting in history”,…

U.S. January ISM manufacturing highs fall back

The U.S. ISM manufacturing index remained strong in January 2021, remaining above the 50 Rongguan line, but increases in the…

The mystery of HNA’s $100 billion misappropriation of funds

The case of HNA Group’s bankruptcy restructuring has become increasingly confusing. China Economic Weekly, a subsidiary of the powerful People’s…