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FINANCE

Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer

Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained according to a statement released by the Shenzhen police department. The statement didn’t reveal the number of employees
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US Officials Highlight Depth of China’s Economic Crisis

Following meetings with their counterparts from the People's Republic of China (PRC), officials of the Biden administration, including U.S. President Joe Biden himself, have noted Beijing's unusual straightforwardness when it
As Biden Touts Economic Successes, Experts Recommend Caution
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NYS: Proposed New York-only Work Visas for Migrants Met With Mixed Reactions
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More Than 60% of American Adults Living Paycheck-to-Paycheck, Study Reveals
US-ECONOMY-INFLATION
From Evergrande to Country Garden: How China’s Property Titans Mirror Broader Economic Woes
NYC: Number of Airbnb Rentals Set to Plummet As New Rules Come Into Effect
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Cattle Prices Rising as Livestock Shortage Hits the Market
CNN President Jeff Zucker attends the 13th Annual CNN Heroes at the American Museum of Natural History on December 8, 2019 in New York City. Zucker fired three CNN staff members for not accepting a COVID-19 injection in a continuing pattern of propaganda outlet-like conduct pushing an establishment hysteria narrative to use masks, mandatory vaccination, and lockdown measures to deal with the SARS-CoV-2 pandemic.
CNN Dumps Unvaccinated Staffers in Continuing Pattern of COVID Hysteria
“Let me be clear — we have a zero tolerance policy on this,” wrote CNN President Jeff Zucker in a memo...
Beijing’s Tech Crackdown Highlights Political Risks in China
News analysis On June 30, Chinese ride-hailing company Didi Chuxing listed on the New York Stock Exchange...
North Korea registered its worst economic performance Under Kim Jong Un's leadership last year.
People Starving in North Korea, Economy Shrinks 4.5% As Country Faces Food and Essentials Shortages
North Korea’s economy saw the biggest contraction in over three decades according to figures released...
Iran is currently suffering from one of its most severe droughts in decades.
Iran’s Supreme Leader Lashes Out Against U.S. Middle East Policy, Country Struggling with Power Outages
Ayatollah Ali Khamenei, Supreme Leader of Iran, has lashed out at the United States and its policies...
US Government will spend $3 billion on underserved communities to create jobs and drive development.
Washington Announces $3 Billion Plan to Help Distressed Communities
On July 22, the Biden administration announced a $3 billion economic development plan focused on supporting...
China financial stocks
Beijing Continues to Open Up Financial Sector, But Tightens Control Over Foreign Investment
China is committed to opening up its financial sector, according to a State Council executive meeting...
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China Shows Signs of Fiscal and Food Shortages Amid Slowing Economic Growth
The Chinese Communist Party (CCP) celebrated its centennial in July with a parade in Tiananmen Square...
A woman holds a placard reading "We are not laboratory subjects! Freedom to refuse experimental injection"during a demonstration against the Macron administration’s use of mandatory vaccine passports, which come with jail time for businesses and individuals who circumvent them, to erode the nation’s vaccine hesitancy in Nantes, western France, on July 17, 2021.
France to Imprison Vaccine Passport-Defying Business Owners for up to 1 Year
Draft text of a new French law announced by President Emmanuel Macron on July 12 requiring citizens to...
(L to R) New co-CEOs of Kakao Corp Joh Su-yong and Yeo Min-soo attend a news conference in Seoul, South Korea, on March 27, 2018.
Online Startup KakaoBank Challenges South Korea’s Traditional Banking System
South Korea’s traditional banking sector is facing stiff competition from emerging digital banking platforms...