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Post-Salary Adjustment: Are Fund Managers Slacking Off?
In the view of industry insiders interviewed, salary adjustments are the chain reaction and inevitable cost following the contraction of the public fund industry after its abnormal prosperity. A more ...
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Yunnan Agricultural Bank Cuts Staff to Preserve Profits Amid 30% Rise in Overdue Loans and Leadership Changes
In the first half of the year, the bank achieved a total operating revenue of 14.673 billion yuan, a year-on-year decrease of 1.3%; and a net profit attributable to the parent company of 7.561 billion...
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China's US Debt Holdings Fall Below $800B, Global Sell-off?
The U.S. Department of the Treasury releases the global holdings of U.S. Treasury securities as of the end of the previous two months in the middle of each month. For instance, the data announced in t...
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Fed Loses $1.3T, Will It Go Bankrupt?
It is well known that the Federal Reserve is the central bank of the United States, determining the country's monetary policy. We often hear about interest rate hikes, cuts, and balance sheet expansio...
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China's capital inflows increased significantly in September
In light of the Federal Reserve's interest rate cuts leading to reduced returns on dollar-denominated assets, Chinese companies have been repatriating funds to the domestic market last month, resultin...
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Stocks Plunge: 3 Major Indices Down Over 1%, ARM Shares Dive 20% Overnight
February 14th is the traditional Valentine's Day in the West and also the fifth day of the Lunar New Year here. According to traditional customs, the fifth day of the Lunar New Year is for welcoming t...
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The world's largest sovereign wealth fund announced a quarterly profit of $76 billion
Norway's sovereign wealth fund reported a profit of NOK 835 billion ($76.3 billion) for the third quarter on Tuesday, citing a boost from lower interest rates that buoyed stock markets.One of the worl...
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U.S. Economy Shows Clear Signs of Recession
How is the U.S. economy really doing? Is it booming or in decline?Before discussing this issue, it is important to state a viewpoint: "recession" and "collapse" are different, and they have an essenti...
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