US stocks

The Latest Business and Stock Market News: Dow Jones, S&P 500, and Nasdaq Performance, Federal Reserve Comments, and Corporate Earnings – November 8th

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The Latest Business and Stock Market News: Dow Jones, S&P 500, and Nasdaq Performance, Federal Reserve Comments, and Corporate Earnings – November 8th

As investors continue to digest corporate earnings reports and comments from Federal Reserve officials,Dow JonesIt closed down more than 40 points on Wednesday (8th), putting utility and energy stocks under pressure. Technology stocks performed best, with Microsoft reaching a new high. The S&P closed up 0.1% on Wednesday, extending its winning streak to eight days, … Read more

Portuguese Prime Minister Facing Corruption Charges Resigns Amidst Government Raids

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Portuguese Prime Minister Facing Corruption Charges Resigns Amidst Government Raids

Early on Tuesday morning local time in Portugal, a large number of law enforcement officers swarmed into facilities including the Prime Minister’s official residence and multiple government departments to conduct raids. A few hours later,Portuguese Prime Minister Antonio Costa announced his resignation in a nationally televised speech. Affected by this news, Portugal’s PSI20 index weakened … Read more

Stock Market Update: Federal Reserve Interest Rate Speculation, U.S. Bond Yields, and Stock Performance

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Stock Market Update: Federal Reserve Interest Rate Speculation, U.S. Bond Yields, and Stock Performance

Although people are increasingly doubtful whether the Federal Reserve will raise interest rates, the decline in U.S. bond yields supported the stock market. The main U.S. stock index closed higher on Tuesday (7th), Microsoft hit a record high, and AMD, Broadcom and Intel provided support under the “Chip Act” Before the funds, shares were up … Read more

The 19th World Comics Convention Held in Anyang, Henan: The “Olympics” of the Global Comic Industry

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The 19th World Comics Convention Held in Anyang, Henan: The “Olympics” of the Global Comic Industry

The 19th World Comics Convention, known as the “Olympics” of the global comics industry, opened for the first time on the evening of the 4th in Anyang, Henan, the “hometown of oracle bones”, with attendees from more than 10 countries and regions including China, Japan, South Korea, Singapore, Malaysia, and Belgium. More than 600 cartoonists … Read more

Sinopec and Qatar Energy Company Sign Major Cooperation Agreement at Sixth China International Import Expo

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Sinopec and Qatar Energy Company Sign Major Cooperation Agreement at Sixth China International Import Expo

According to Sinopec’s news on the 4th, during the Sixth China International Import Expo, Sinopec and Qatar Energy Company signed an integrated cooperation agreement for the second phase of the Northern Gas Field Expansion Project (NFS), including a 27-year long-term liquefied natural gas (LNG) Purchase and sale agreement and upstream equity participation agreement. According to … Read more

Key Highlights from China’s Financial Work Conference: Activating Capital Markets and Reform Measures

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Key Highlights from China’s Financial Work Conference: Activating Capital Markets and Reform Measures

The Central Financial Work Conference deployed financial work for the current and future periods and clarified the “keywords” for capital market reform, including activating the capital market, promoting the deepening and solidification of the stock issuance registration system, improving the multi-level market system, and promoting the improvement of listings. Company quality, cultivating first-class investment banks … Read more

The Logistics Industry Prosperity Index in October: Remaining Active with 52.9% Growth

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The Logistics Industry Prosperity Index in October: Remaining Active with 52.9% Growth

Data released by the China Federation of Logistics and Purchasing on November 2 showed that China’s logistics industry prosperity index was 52.9% in October 2023, down 0.6 percentage points from the previous month. The total business volume index pulled back slightly, but continued to remain in the expansion range. In terms of industries, the total … Read more

U.S. Federal Reserve Keeps Interest Rates Unchanged, Boosts Market Confidence

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U.S. Federal Reserve Keeps Interest Rates Unchanged, Boosts Market Confidence

The U.S. Federal Reserve (Fed) kept interest rates unchanged on Wednesday (1st). Although it pointed out that the economy was strong and did not rule out further interest rate hikes in the future, Chairman Jerome Powell’s post-meeting speech still boosted the market, believing that Perhaps the Fed has completed raising interest rates, the three major … Read more

Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

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Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

The yen suddenly dropped! The Taiwan dollar rose and fell, temporarily closing at 32.428 yuan at noon (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Geopolitical risks are heating up, and the Japanese yen suddenly fell during the Bank of Japan meeting. It once fell below 150 to 1 US dollar. The exchange rate of … Read more

Per Capita Disposable Income in Shanghai and Beijing Exceeds 60,000 Yuan in the First Three Quarters: National Bureau of Statistics

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Per Capita Disposable Income in Shanghai and Beijing Exceeds 60,000 Yuan in the First Three Quarters: National Bureau of Statistics

The website of the National Bureau of Statistics recently released the per capita disposable income of residents in 31 provinces in the first three quarters. In eight provinces, per capita disposable income exceeded 30,000 yuan in the first three quarters, including Shanghai and Beijing, which exceeded 60,000 yuan. Data shows that 8 provinces have per … Read more