Category: Finance
Brilliance Auto’s bankruptcy filing puts credibility of SOEs in jeopardy
Brilliance Automotive Group, a large state-owned company in Liaoning province that was rumored to have defaulted on a major debt…
Hong Kong’s economy continues to contract in the third quarter and will contract by more than 6% for the year.
Hong Kong’s gross domestic product (GDP) fell 3.5 percent on an annualized basis in the third quarter, the Hong Kong…
U.S. PPI up 0.5% in October, the biggest increase since the epidemic began
The U.S. Bureau of Labor Statistics reported on Nov. 13 that PPI for final demand rose 0.3 percent in October…
Spot gold on the 1890 level, silver was up more than 2%
On Friday night, spot gold stood at $1,890 an ounce, extending its daily gain to 1% at $1,894.9 an ounce….
Powell releases pessimistic signals, U.S. stocks are down across the board.
At 00:45 on Friday morning, Fed Chairman Powell, ECB President Lagarde, Bank of England Governor Pele attended the ECB forum,…
Wall Street Journal:Xi Jinping personally blocked Ant Group’s IPO
Chinese President Xi Jinping personally made the decision to halt Ant Group’s initial public offering (IPO), once billed as the…
U.S. Democrats stick to $2.2 trillion economic stimulus bill, call on Republicans to accept election results
U.S. House Speaker Nancy Pelosi (Nancy Pelosi) and Senate Minority Leader Chuck Schumer (Chuck Schumer) jointly attended a press conference…
How will gold react to the incoming US inflation data?
[Market Review] The US Dollar Index has moved sharply higher. The dollar index rose sharply during the day, reaching as…
IEA monthly warning: new crown vaccine won’t save global crude demand in short term
On Thursday, November 12, the Paris, France-based International Energy Agency IEA released its monthly oil report, continuing to cut its…
The heads of three major central banks on stage together
While the smoke of the U.S. election has not yet cleared, on Friday morning at 00:45, Fed Chairman Powell, ECB…
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