FINANCE
China Doesn’t Have Property Taxes, But Soon It Will
Almost two decades ago, Chinese authorities began floating the idea of taxing property owners. And now...
California Supply Chain Crisis Could Be Rooted in Union Labor Dispute
A major supply chain crisis that has left the California coast line littered with dozens of cargo ships...
Treasury Secretary Insists Inflation Under Control Following Twitter CEO’s ‘Hyperinflation’ Tweet
On Oct. 23, Twitter CEO Jack Dorsey said in a tweet that hyperinflation is “happening” and that it will...
China Evergrande Group Secures Extension On Defaulted Bond
China’s debt-ridden property developer Evergrande Group has managed to secure an extension on a defaulted...
P&G Blames Supply Chain Clogs for Price Hike, Sells it as Good News for Stakeholders
Consumer products giant Procter & Gamble (P&G) announced another price hike on consumer goods...
North Carolina School Rations Utensils as Supply Chain Crisis Worsens
The U.S. is grappling with a supply chain crisis, which is affecting several aspects of society. Shipping...
Pfizer Calls the Shots When It Comes to Government Vaccine Contracts
Pharma giant Pfizer-BioNTech reportedly dictates the governmental vaccine deals it engages in. According...
Debt-Besieged Evergrande Wins Small Triumph With US$83-Million Bond Payment
With more than $300 billion in outstanding debt, the Chinese real estate giant is by no means out of...
Offshore Investors in Trouble as Evergrande Favoring Domestic Obligations
With liabilities of more than $300 billion, China’s Evergrande Group is the one of most indebted property...
