FINANCE
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance...
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime...
American Families Struggling Under Weight of Inflation
Last month, the rate of inflation rose by 6.8 percent, the highest jump in around four decades. Families...
Harvard Prof. Charles Lieber Convicted of Lying About China Ties, Receiving Millions in Funding
On Dec. 22, the U.S. Department of Justice moved to convict Harvard nanoscientist Charles Lieber for...
‘A Big Failure for the United States’: Florida’s DeSantis on Investing in China
Florida Gov. Ron DeSantis and his administration announced on Dec. 20 that they would move to take control...
Beijing Demands $210 Million From China’s ‘Queen of Live Streaming’ Viya
Chinese tax authorities have hit live-stream shopping influencer Huang Wei, known to her fans as Viya...
Facebook Banned 7 ‘Cyber Surveillance Companies for Tracking and Hacking 48,000 Users’ Devices
Meta has banned seven alleged surveillance-for-hire companies from its platforms after those parties...
US Adds More Chinese Firms to Trade Blacklist for Human Rights Abuses
The Biden administration imposed trade restrictions on over 30 Chinese companies and research institutes...
Christmas Paychecks in Jeopardy After Ransomware Attack
With Christmas just a few days away, Americans are awaiting their paychecks to spend big for the celebration...
