Category: Finance
Complying with Trump’s executive order, three major Wall Street investment banks drop their products in Hong Kong
Morgan Stanley’s headquarters building in New York. Three major U.S. investment banks will take down about 500 structured products listed…
PayPal takes the first fully foreign-owned 3rd party payment in China
PayPal, a wholly-owned subsidiary of U.S. eBay, announced that it has taken over China’s third-party payment platform Guopay, increasing its…
Ban Trump does not ban notorious dictator Twitter shares collapse 10%
Twitter’s permanent ban of Trump‘s account has already sent the company’s stock price plummeting. Taiwan media New Head Shell reported…
China’s stable prices blip last November as food prices and imported raw materials drive inflation rebound
After a slight deflation in China last month, the inflation rate started to rebound in December. China’s National Bureau of…
Bluffing? Facing Citi sanctions, powerful nations offer ‘seven wounded fists’
In the face of sanctions from the United States (US), the Ministry of Commerce of the powerful country (China) has…
Bitcoin plunges 14%
Bitcoin went crazy again this past weekend. As we enter a new week, the madness continues. Bitcoin continued to move…
Which oil producing country will be hurt the most once the situation in Hormuz turns upside down?
The Strait of Hormuz, which connects the Persian Gulf to the Indian Ocean, with Iran to the north and the…
The sudden spike in U.S. bond yields gives us a warning sign
U.S. bond yields began to rise last week as investor confidence in the economic recovery increased. The problem is that…
Global food prices continue to rise as new crown outbreak rages
The new crown epidemic continues to rage in many countries around the world, and although there is hope for a…
Trump’s account banned, Twitter shares plunge 12 percent
The censorship imposed by big tech companies on social media has drawn more backlash, with Twitter shares plunging 12 percent…
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