Category: Finance
SMIC Shares Plunge by U.S. Sanctions
Semiconductor Manufacturing International Corporation (SMIC), China’s largest chip maker, was confirmed to be under export control by U.S. authorities. According…
SEC Accused of Touting ICO, John McPhee Arrested for Tax Evasion
The Justice Department recently announced that the 2016 U.S. presidential candidate has been indicted for tax evasion. After John McAfee…
This Week’s Market Spotlight
[Heavy Duty Market] Spot gold broke away from the declining trend this week and began to rebound after hitting a…
U.S. non-farm payrolls data released in November gold rose then fell
At 21:30 Beijing time on Friday, the U.S. non-farm payrolls report for November was released as scheduled. According to the…
EU official says deal ‘close’ unless last-minute talks collapse
During Friday’s European trading session, new news came out of the Brexit trade talks, with EU officials saying that the…
Goldman Sachs Pays Record Fine for Involvement in One Horse Development Fund Scandal
Goldman Sachs Group Inc., an international financial institution accused of conspiring to violate the U.S. Foreign Corrupt Practices Act, has…
U.S. real estate market grows against the trend, Chinese investment declines sharply but demand is still there
Chinese buyers, who have made a strong comeback in the U.S. real estate industry in previous years, are likely to…
Gold Continues to Climb as OPEC+ Reaches Agreement
Global Overview S&P Announces Digital Cryptocurrency Index for Next Year Yesterday, Dow Jones Indices, a division of Standard & Poor’s…
OPEC+ agrees to increase oil production next year
The OPEC+ alliance of Saudi Arabia and Russia had a rocky week in oil production, with the pan-alliance meeting scheduled…
The dollar may continue to weaken
As we enter December, the U.S. dollar has fallen to multi-year lows against other currencies. Meanwhile, the euro, the Australian…
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