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…

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…