2023-07-31 23:20:00 Yum China, the operator of KFC, Pizza Hut and other fast-food brands in China, fell more than 3 percent after hours on Monday after reporting weaker-than-expected second-quarter revenue. Updated August 1, 2023 07:20 CST Yum China Holdings (YUMC), the operator of KFC, Pizza Hut and other fast-food brands in China, fell more than … Read more
2023-07-30 14:00:00 The U.S. personal consumption expenditures index rose moderately in June by 0.2% month-on-month, and the year-on-year increase slowed to 3%; while the core PCE inflation rate preferred by the Federal Reserve also rose by 0.2% month-on-month, and slowed to 4.1% year-on-year. Updated July 30, 2023 at 22:00 CST U.S. costs of goods and … Read more
2023-07-20 23:30:00 The number of Americans filing for unemployment benefits fell to 228,000 last week, a two-month low, once again proving that the U.S. job market is quite strong. Updated July 21, 2023 07:30 CST The number of Americans filing for unemployment benefits fell to 228,000 last week, a two-month low, once again proving that … Read more
2023-07-13 04:54:52 In June, China’s exports in US dollars fell by 12.4% year-on-year, and imports fell by 6.8%, achieving a trade surplus of US$70.62 billion, which was weaker than market expectations across the board. July 13, 2023 According to data released by the General Administration of Customs of China on Thursday morning, in terms of … Read more
2023-07-11 23:35:00 Hours after the Turkish president dropped his opposition to Sweden’s NATO membership, the Biden administration signaled its intention to move ahead with a long-promised sale of F-16 jet fighters to Turkey. Updated July 12, 2023 07:35 CST Hours after the Turkish president dropped his opposition to Sweden’s membership of the North Atlantic Treaty … Read more
2023-06-21 05:30:00 Alibaba Group Holding Limited (9988.HK, BABA, or Alibaba) named Brooklyn Nets owner Joe Tsai as chairman of the Chinese e-commerce giant . Alibaba is looking to shake off sluggish growth amid stiff competition. Tsai is close comrade-in-arms with fellow co-founder Jack Ma. In the eyes of analysts and Alibaba insiders, Tsai Chongxin, 59, … Read more
2023-06-20 07:10:00 Indian Prime Minister Narendra Modi said that the relationship between India and the United States is stronger and deeper than ever before. At a time of turmoil in the geopolitical landscape, India is acting in hopes of taking the place it believes it deserves on the world stage. In an interview ahead of … Read more
2023-06-16 10:25:00 Chinese President Xi Jinping met with Bill Gates on Friday, his first meeting with a foreign business leader this year. Updated June 16, 2023 at 18:25 CST Chinese President Xi Jinping met with Bill Gates on Friday, his first meeting with a foreign business leader this year. Gates is the co-founder of Microsoft … Read more