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ECONOMICS

US Import Prices Drop in Hopes of Easing Inflation

WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down by declining costs for petroleum products and a strong dollar — supporting the

Global Investors Fly Blind Into China’s Messy Post-COVID Transition

By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI — Global investors, already caught off guard by China's virus-policy U-turn, now find themselves flying blind into a chaotic post-pandemic transition, lacking
China Delays Economic Policy Meeting Due to COVID-19 Surge: Reports
European Union Seeks to Secure World’s First Carbon Border Tariff
France’s Central Bank Sees Slight Fourth Quarter Growth
Yuan Stabilizes as China Continues to Relax ‘Zero-COVID’ Restrictions
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Wall Street Dragged by Recession Fears, S&P Poised For 4th Decline
Bank of Mexico Issues Optimistic Forecasts to Counteract Inflation, Ends Rate Hikes
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Comment: ‘Deglobalization’ Is Coming. Here’s What We Should Expect
Note: This piece is translated from a Chinese social media post for the benefit of our readers, and does...
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New IRS Revenue Will Come From Businesses Earning Less Than $200K: Tax Experts
According to the Joint Committee on Taxation, a nonpartisan tax watchdog, a key provision in the recently...
Asia’s Wealthiest Woman Loses $12 Billion in China’s Real Estate Crisis
Yang Huiyan, known as the richest woman in Asia, has lost more than half of her $24 billion fortune as...
3 Evergrande Real Estate Executives Asked to Resign Over Unstable Loans
Evergrande Group, the embattled Chinese real estate giant, has once again become the focus of international...
With Both Small and Large Banks in Trouble, Will China’s Debt Crisis Blow Up?
A banking crisis in China’s Henan Province has seen hundreds of thousands of people unable to access...
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US Stocks Waver as Earnings Reports for Companies Begin
NEW YORK (AP) — Stocks wavered in morning trading on Wall Street Tuesday, July 12 as traders brace for...
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Cut Off From Russian Gas, Bulgaria Opens New Pipeline Via Greece
ATHENS, Greece (AP) — The leaders of Greece and Bulgaria on Friday, July 8 inaugurated a new pipeline...
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Ontario’s Mississauga Now the 2nd Most Expensive City to Live in North America
Mississauga, Canada’s seventh-largest city, is now the most expensive in the country to live in and the...
China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing...