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Fluctuations in Global Oil Prices: What's Next?

On October 28, 2023, at 10:00 PM EST, a significant downturn was witnessed in international oil prices, marking one of the steepest declines in two years. The price for West Texas Intermediate (WTI) c...

Imminent Reform of Consumption Tax

The recent discussions surrounding the potential reforms to China's consumption tax system represent a transformative step in the country’s economic strategy, with far-reaching implications for both f...

Record Online Sales During Holiday Shopping Season

The resilience of consumer spending in the United States continues to defy expectations, marking a notable contrast with the cautious predictions made by many financial analysts earlier in the year. W...

As CES Approaches, Chip Makers Race in the AI PC Arena

The upcoming 2025 Consumer Electronics Show (CES) in Las Vegas, USA, promises to highlight a shift in the computing landscape, with major chip manufacturers like Intel, AMD, and Qualcomm seizing the i...

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Decline of Major US Stock Indices

In a somber event for the financial markets, the U.S. Treasury conducted an auction on Tuesday for $39 billion in 10-year Treasury bonds, yielding disappointing results. The auction resulted in a high...

New Chenming's Prospects Amid ¥1.8B Debt

In a dramatic turn of events, the renowned paper manufacturing giant, Chenming Paper Industry, finds itself in a tumultuous period marked by a sudden leadership change and a staggering financial crisi...