China economy slowdown

Oil price slid below $37; fell over 11% this month

Oil price again fell below $37 per barrel and is trading 11 percent lower in December. The slump in Chinese demand and oversupply situation in the global oil market are keeping pressure on oil prices. The shale production in the US is easing off in the wake of continuous drop in oil price.

IBM revenue down for the 14th quarter, cuts profit forecast

IBM) has announced more than projected fall in revenues as the stronger US currency put pressure on demand from China and other emerging economies. As a result, IBM has lowered its profit forecast for full year. The revenues were down 13.9 percent to $19.28billion for the quarter ending September as against the forecast of $19.62bn.

Wild swings in China stocks this week

China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.

Wild swings in China stocks this week

China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.

Volatile Chinese markets drive nervous investors to offload

The volatility in the Chinese stock markets is pushing nervous investors to offload their investment. the slowdown in China's economy, oil price drop and possible rate hike by US Fed are impacting the market sentiment.

Latest Stories

Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?

Hong Kong's Status as an International Financial Center at Crossroads

Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.

Are Meme Stocks a Risky Bet or a Chance for Big Gains?

Tuesday saw a spike in the value of several "meme stocks," or businesses whose valuation is driven more by social media talk than by more conventional economic factors like growth and profitability.

Hong Kong's Financial Status Plummets EUI from Fourth to Ninth Place Amidst Global Rankings and China's Grip

Hong Kong's business ecosystem has caused the EIU to downgrade it to ninth place and the Global Financial Centers Index to rank it fourth.

Must Read

Heat Wave Hack: How to Keep Your Home Cool Without Breaking the Bank

You could find yourself rushing to lower the thermostat's setting more frequently if scorching temperatures are predicted.

US Cites "Spying Concerns" in Banning Chinese Crypto Miner Near Nuclear Base

Citing fears about espionage, US President Joe Biden has ordered a Chinese-owned bitcoin miner and its partners to sell land they hold close to a US nuclear missile station.

Can Taxing the Rich Save Social Security?

Due to a budget deficit, Social Security may not be able to provide retired Americans with their full payments in around ten years.

Trump Allies Gather as Cohen Testifies on 'Hush Money' Allegations

House Speaker Mike Johnson was among a group of close Republican allies of Donald Trump who showed up in the Manhattan criminal courthouse on Tuesday to express support for the former president while his attorneys tried to discredit the key witness in the "hush money" trial.

Buying Returned Items in Bin Stores Gives You Up to 80% Discount

Have you ever wondered what happens when you return clothing, a coffee machine, or other purchases to online stores like Amazon?

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