Category: Finance
China’s growth fizzles out, plunges in Q2
China’s economic growth performance failed to follow the first quarter’s record 18.3% growth strength, the latest economic growth of 7.9%…
G-20: Global economic recovery threatened by new coronavirus
The G-20 has warned that the new crown variant virus and the shortage of new crown vaccines in developing countries…
U.S. inflation increased at an annual rate of more than 5% in June, the sharpest since 2008
U.S. officials announced today that inflation rose 5.4% annually in June, the most since August 2008, showing that consumer prices…
Bloomberg: Chinese regulators interviewed Evergrande Xu Jiayin to solve the debt crisis
Bloomberg quoted sources as saying that China’s State Council Financial Stability Development Committee met with Hui Kayan, chairman of the…
Wall Street loves China but was humiliated by the DDT case U.S. columnist says it should stop being a cash cow
China’s authorities have taken Wall Street by surprise and lost a lot of money in the post-IPO crackdown on DDT….
U.S. CPI surges 5.4% in June Core CPI hits three-decade high
The U.S. CPI and core CPI in June were higher than expected and previous values, with a number of data…
U.S. 30-Year Treasury Bids Unexpectedly Dismal
The demand for U.S. long term debt tender sale was unexpectedly weak, and the yields of long-term U.S. bonds in…
U.S. stocks fall off highs, U.S. oil at near three-year high
U.S. inflation is on a high, with CPI exceeding expectations for growth in June, up 5.4% year-over-year for the largest…
Central moms give strength to European and U.S. stocks rally U.S. bonds end eight consecutive gains
Following the ECB’s hint to maintain super easing for longer, China’s central bank made a direct move to cut rates…
Fed’s heavyweight report: short-term inflation risk upward, if inflation expectations continue to be high can change monetary policy
Federal Reserve Chairman Jerome Powell will appear before the U.S. House Financial Services Committee and the Senate Banking Committee for…
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