Category: Finance

U.S. trade deficit widens to $68.1 billion in November, second highest in history

The U.S. Department of Commerce announced that the trade deficit increased by 8% to $68.1 billion (about HK$531.2 billion) in…

Gold dived $50, which positions to watch in the short term?

[Market Review]. Data showed that the U.S. ADP employment recorded a decrease of 123,000 in December, the first time since…

Global attention! The “Black Swan” may fly tonight

The U.S. election has become the number one concern on Wall Street. And the day to decide the winner, finally…

Economist: China’s income fell by 25% this year, consumption is difficult to pick up

The Communist Party of China (CPC) virus epidemic severely hit small and medium-sized enterprises in 2020, and the disposable income…

Spot gold falls $50 wildly

Wednesday (January 6) evening, the gold market suddenly appear big single smash, COMEX most active gold futures contract in January…

Oil prices hit an 11-month high

International oil prices stood at an 11-month high on Wednesday, Jan. 6, despite a sharp increase in official U.S. statistics…

NYSE continues to delist 3 Chinese telecom stocks, says latest

The New York Stock Exchange said Wednesday in its latest update that it continues to exclude China Telecom (00728), China…

In a twist, NYSE’s decision on China’s top three telcos could flip again

The NYSE’s decision on whether the three large Chinese telecom state-owned companies can avoid delisting remains highly variable. At the…

The central bank BCI urgent order: banks cut real estate

In the past few years, every New Year’s Eve or Lunar New Year, the Chinese central bank always announces a…

Gold tests 1950 Saudi Arabia voluntarily cuts additional production

[Market Review]. Saudi Arabia voluntarily cut additional production. OPEC+ reached an agreement on oil production in February. Saudi Arabia unexpectedly…