Category: Finance

SMIC blacklisted by the U.S. 11 affiliates also included in the list

The U.S. Department of Commerce (Commerce) announced on December 18 that it has blacklisted China’s largest chipmaker, Semiconductor Manufacturing International…

U.S. Shale Oil Production May Plunge 25% Next Year

Since shale oil boomed in 2016, the warnings about the industry have not stopped, and many have been dismissive of…

Tesla joins the S&P 500 next Monday, what happens next?

Due to the “four witching days” of U.S. stocks overlaid with events such as tesla joining the S&P 500, analysts…

Gold short – term callback, long how to choose?

[Market Review] The US index broke the 90 mark for the first time in more than two years. Congressional negotiators…

Offshore oil production is quietly recovering

Crude oil prices are back to pre-epidemic levels, and while there are still concerns about the outlook for oil demand,…

Us benchmark below 90 spot gold hit 1880

By Early afternoon on Thursday, the dollar index was trading below the 90 level for the first time since April…

Luckin Coffee paid $180 million to settle with the US over financial fraud

Luckin coffee has reached a $180m settlement with the US Securities and Exchange Commission over alleged financial fraud. Chinese coffee…

Gold trend or formation

[Market Review] The Fed remains on hold. Early this morning, the Federal Reserve announced its final interest rate decision for…

“Terror data” for November fell short of expectations

At 21:30 on Wednesday, the monthly U.S. retail sales rate, known as the “terror data,” fell short of expectations of…