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On December 18, the American stock market faced a significant downturn marked by what many investors quickly dubbed a "black trading day." This unusual event saw all three major indexes—the Dow Jones ...
As the year draws to a close, a notable shift is occurring within the investment community, particularly regarding the performance of growth versus dividend-focused funds. For a substantial period, gr...
In early December, a pivotal decision came from OPEC+, indicating a delay in the adjustment of oil production cuts. Originally set to begin in January 2025, the plan to ease cuts of 2.2 million barrel...
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December 17 marks a pivotal moment in the Chinese retail landscape as Alibaba Group finalizes the sale of the iconic retail chain, Intime, for a staggering 7.4 billion yuan. Just three months earlier,...
The much-anticipated era of AI glasses, often referred to as "smart glasses," has indeed arrived. Just within a span of two months, there have been nearly twenty launch events for AI glasses from both...
As we approach the end of 2024, the landscape for domestic AI applications in China is undergoing a significant transformation. Amidst this dynamic environment, ByteDance stands out for its aggressive...
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Since July, the US dollar index has plummeted amid the Federal Reserve's relentless money printing. In stark contrast, the Chinese yuan has appreciated significantly, buoyed by international confidenc...
Since the onset of the economic crisis, the U.S. Treasury and the Federal Reserve have taken unprecedented actions to support domestic economic recovery and address the weight of national debt. This h...
In a significant move heralded by global market analysts, the Federal Reserve announced early this morning that it has lowered the target range for the federal funds rate by 25 basis points, now setti...
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A notable breakthrough for CATL (Contemporary Amperex Technology Co., Limited) has emerged as it forms alliances with five major automakers to produce a total of ten diverse vehicle models. This marks...
The Federal Reserve's persistent caution regarding inflation highlights a complex and evolving economic landscape in the United States. Despite various other nations such as Switzerland, Sweden, Canad...