News

Gold Dives by $40! Is Correction Temporary?

Gold prices retreated on Wednesday due to profit-taking, but analysts say the outlook for gold remains bullish across the board, with attention to support levels in the short term...After setting cons...

Sep-24 , 2024

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Bank Deposit Rates Cut Again

Recently, six major state-owned banks in China, including Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), China Construction Bank (CCB), Bank of China (BOC), Bank of ...

Sep-10 , 2024

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Fed Beige Book: Little Change in Economic Activity, Inflation Remains Mild

On Wednesday, the Federal Reserve indicated in its latest "Beige Book" report that since early September, economic activity in most regions of the United States has remained largely unchanged, with tw...

Sep-02 , 2024

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Tesla Q3 EPS Rises 9%, Cybertruck Margins Turn Positive, Shares Jump Over 10% After Hours

Facing the ongoing overall decline in the automotive market and intensifying competition within the electric vehicle industry, Tesla still managed to turn a profit in the third quarter, thanks to reco...

Aug-28 , 2024

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Surge in Aluminum Prices Continues Unabated

It is widely acknowledged that since September 19th, the Hong Kong stock market has been greeted with significant positive news, causing a market frenzy, with even giant tech stocks like Tencent Holdi...

Aug-28 , 2024

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"CITIC Capital Ups Stake in McDonald's China, Valuation Exceeds $45B"

CITIC Capital plans to invest an additional $430 million in McDonald's China. It is important to note that this acquisition is actually an internal equity transfer within the CITIC group, with the tot...

Aug-21 , 2024