Category: Finance
HNA Group reorganized in bankruptcy involving debts of 700 billion
HNA Group, which is burdened with the largest debt in China’s history, has issued an official statement that the court…
Taiwan’s economic performance best in Asia last year, China’s economic data found to be fishy
Taiwan‘s economy grew at nearly 3 percent last year, making it one of the best performing economies in the world…
Three major U.S. stock indices fell in tandem
On Friday, Jan. 29 at midday, the three major U.S. stock indexes extended their losses and fell collectively by more…
U.S. core personal consumer price index grew faster than expected in December
The U.S. core personal consumption price index (PCE) grew faster than expected in December, according to data released Friday. According…
No one has ever seen a group of retail investors launch a “financial uprising” against Wall Street
The start of the new year has been marked by a number of major topics that have received global attention,…
Group crushes hedge funds Wall Street retail communications home base blocked
GameStop, a video game retail store, is open for business in Alhambra, California, U.S., Jan. 27, 2021. Recently, the U.S….
China makes largest U.S. corn purchase to date
China has made its largest purchase of U.S. corn to date to meet a surge in demand for animal feed,…
Retailers fight with Wall Street GameStop stock price deficit outside reaction polarized
GameStop shares soared from less than $20 per share a week ago to $492 today, staging an epic battle of…
SEC evaluates GameStop stock wave, promises to protect retail investors (chart)
The U.S. Securities and Exchange Commission said Friday (Jan. 29) that they will evaluate the recent emergence of huge swings…
GM will only sell electric cars in 2035, no longer sell fuel cars
GM’s Chevrolet fuel cell vehicles, boasting zero emissions. The global auto makers are striving to transform towards electric vehicles, the…
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