FINANCE
Chasing Higher Interest Rates, Chinese Resort to ‘Special-forces’ Banking
A tightening of financial regulations in mainland China has many on edge as more people report experiences...
Federal Reserve Hikes Interest Rates to Highest Level Since 2001
On July 26 (Wednesday), the U.S. Federal Reserve raised interest rates by 25 basis points. It’s the 11th...
China Loses Spot as Top US Trading Partner to Mexico
Mainland China, who took the throne as America’s number one trading partner from Canada in 2014, has...
Orange County, NY Chosen for Location of New Tesla Parts Distribution Facility, Hundreds of Jobs to Be
By the end of this year, electric vehicle giant Tesl, will be setting up a new parts distribution facility...
Hollywood Franchises Are ‘More and More Nonsense’ Say China Theatregoers as Revenue Declines
Whatever love affair Mainland China’s moviegoers may have had with Hollywood’s offerings appears to be...
US Semiconductor Trade Association Urges China Bans to be Reconsidered
A trade group that describes itself as “the voice of the U.S. semiconductor industry” has called on the...
China Shifts Focus to Domestic Demand and Green Tech Opportunities Amid Export Downturn
A critical decrease in China's exports — the fastest since the onset of the COVID-19 pandemic — has underscored...
Bank of America Slapped With $250 Million in Fines and Repayments Over Consumer Protection Violations
On July 11, regulatory agencies disclosed that Bank of America — one of the country's leading financial...
Mongolian Prime Minister’s China Trip Highlights Growing Economic Dependence on Beijing
Luvsannamsrain Oyun-Erdene, the prime minister of Mongolia, recently completed a trip to neighboring...
