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FINANCE

Another Hong Kong Bookstore to Close; ‘Book Punch’ Says Mounting Losses and Unclear Political Boundaries Made It Unsustainable

Shortly after Elm Tree Bookstore (榆林書店) announced its closure, another independent Hong Kong bookstore, Book Punch (留下書舍), announced on Thursday, July 14 that it will cease operations on Aug. 30. 
Book Punch Hong Kong

How ‘Small Yard, High Fence’ Is Reshaping Taiwan’s Role in Global Supply Chains

By Zhang Houguang, Political Analysis The phrase "small yard, high fence" has become a cornerstone of U.S. economic and national security policy in recent years. Typically described as a fairly
Bribery Probe Casts New Light on New York Developer’s Real Estate Empire
US Removes Four Indian Companies From Russia-Related Sanctions List as Trade Deal Nears
Beijing Plane Crash Sends Shockwaves Through China’s ‘Low-Altitude Economy’
Why China’s Gold Buying Spree May Create a Hidden Financial Vulnerability
AUSTRALIA-ECONOMY-COMMODITIES-MARKETS-METAL-GOLD
Cuba’s Reform Agenda Faces New US Pressure After Latest Sanctions
China Audit Finds 56 Counties Diverted $3.9 Billion in Rural Funds to Repay Debt
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AI Could Save America’s Economy—or Deepen Its Debt Crisis, Yale Study Warns
A May 6 report by Fortune noted that tech giants are pouring nearly $1 trillion into artificial intelligence...
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate in the United Arab Emirates, along the Strait of Hormuz June 23 2025
UAE’s Sudden OPEC Exit Dials Up Global Oil Shock
News analysis The United Arab Emirates, one of the world’s top oil producers, announced a sudden decision...
US Warns Shipping Firms Against Paying Iran Strait Fees, Threatens Sanctions
As tensions in the Middle East reach a boiling point, Washington is warning shipping companies worldwide...
Northrop Releases Detailed F/A-XX Concept as Aviation Competition Heats Up
As the U.S. Navy approaches a major decision on its next-generation carrier-based fighter, Northrop Grumman...
Iran Conflict Accelerates Asia’s Shift to Electric Vehicles, Data Suggests
The Iran conflict — which has disrupted global fuel supplies and intensified economic pressure — is accelerating...
US Treasury Sanctions Major Chinese Oil Refinery and 40 Shipping Firms Tied to Iran’s Shadow Fleet
According to an April 24 press release, the Treasury Department's Office of Foreign Assets Control sanctioned...
Fed Holds Interest Rates Steady as Dissent Reaches Highest Level Since 1992
The Federal Reserve announced Wednesday, April 29 that it will keep its benchmark interest rate unchanged...
North Virginia Unemployment Rises, Fairfax County Sees Largest Increase
According to the latest data released by the Virginia Department of Workforce Development and Advancement...
Leaked Evergrande Files Expose Culture of Excess and Absolute Authority Under Xu Jiayin
By Biancheng Hudiemeng, Vision Times Behind the rise of Evergrande Group, once known as one of China...