Category: Finance
Alibaba under investigation in China, stock plunges
Alibaba, the symbol of China’s digital economic success, has been targeted by the Chinese Communist regime for “alleged monopolistic practices”….
U.S. crude stocks fall to one-month low, why are oil prices still tumbling?
On Wednesday, data released by the U.S. EIA showed that commercial crude oil stocks, excluding strategic reserves, fell by 562,000…
Li Ka-shing and Chairman Li Chak-tsu increase their holdings in CKH again
Dagong Wen Hui reports: Li Ka-shing, a senior advisor of the Cheung Kong Group, and Li Chak-tsu, Chairman of the…
British-European negotiations are expected to come to an end, can gold continue its rally?
[Market Review The Brexit deal is close at hand. It is reported that British Prime Minister Johnson is willing to…
Australia’s goods trade surplus hits two-year low in November
Australia’s goods trade surplus fell to a two-year low in November, hit by a slump in exports to its largest…
World Bank: China’s rapid economic recovery, but there are multiple risks
China’s economy is recovering faster than expected, but multiple risks must still be guarded against, the World Bank said Wednesday…
Variant virus pops up, vaccine ineffective? Moderna shares fall 8.99%
Around the world has recently opened one after another Wuhan pneumonia (CCP virus) vaccine, however, after the outbreak of the…
Inflation is coming: China’s wholesale pork prices up 2.9%
Pork prices in China have started to rise. According to data monitoring by the Ministry of Commerce of the Communist…
Capital markets are short of money, domestic demand is insufficient, and the Chinese Communist Party is eyeing the residents’ savings.
The Communist Party of China Securities Regulatory Commission met on Tuesday to set the focus of capital market work in…
Steel price hikes hit China’s manufacturing sector, with orders from some manufacturers reduced by 20 percent
At the end of 2020, the price hikes of commodities such as steel, aluminum and copper caused a significant impact…
Recent Comments