Gold Plunges Nearly $40 in Short Term
There are no signs of a collapse in U.S. consumer demand, and a 25 basis point rate cut by the Federal Reserve in September remains the most likely option.U.S. retail spending increased in July, indic...
Post-Fed Rate Cut: What to Buy?
Dongwu Securities released a research report stating that the current economic prosperity is not low and has not shown signs of recession; it is a preemptive interest rate cut cycle. Under a preemptiv...
U.S. Top Refiners Cut Output, Looming Oil Supply Glut?
Profit margin contraction and slowing demand have led U.S. refiners to slow down production, which could further exert pressure on the balance of supply and demand in the oil market. This quarter, som...
Volkswagen China's Chen Sai: Corporate Social Responsibility as Foundation for Sustainable Growth
"This year marks the 40th anniversary of the Volkswagen Group's entry into China. The 'Green Belt Initiative'âVolkswagen China's public welfare forest projectâis a profound expression and vivid pr...
Middle East "Tycoons" Speed Up AI Investment, Fueling AI Boom
Sovereign wealth funds from the Middle East are becoming key supporters of Silicon Valley's artificial intelligence (AI) darlings. Oil-rich countries such as Saudi Arabia, the United Arab Emirates (UA...
No Signs of Recession in US Economy
Maersk, seen as a barometer of global trade, has stated that freight demand does not indicate signs of an economic recession in the United States, while warning that ongoing tensions in the Red Sea co...