The Thai government plans to stimulate the economy by increasing government spending and boosting consumption, thereby boosting the sluggish real estate market. However, this plan has attracted the attention and concerns of analysts and investors. Although some are optimistic about this move, there are also voices that believe it is only a short-term solution. Thai Prime Minister Sreta Tavisin plans to stimulate the economy to boost the weak real estate market, b ... 阅读全文

Huitong Finance APP News - With the unwavering support of American consumers, the world's largest economy may expand at its fastest pace in nearly two years in the third quarter, which poses a challenge for Federal Reserve officials who are discussing whether further tightening policies are needed. According to a survey conducted by Bloomberg among economists, it is expected that the US Gross Domestic Product (GDP) will grow at an annualized rate of 4.3% from Jul ... 阅读全文

This week (October 23-27), China will release profit data for industrial enterprises above designated size for September. Overseas, the United States will release real GDP data for the third quarter, the European Central Bank will announce a new round of interest rate decisions, and multiple countries will release October PMI data. This week, three new shares will be subscribed to in the Shanghai and Shenzhen stock markets, and the ban on restricted shares with a ... 阅读全文

In this round of the financial war between China and the United States, although we inevitably encountered some shocks, we also have to admit that due to the strict adherence of the management to the financial defense line and the gradual collection of water when the United States opened the floodgates, it has to some extent prevented the influx of hot money from the United States, thus avoiding the risk of a fatal blow. But it is precisely because they have avoi ... 阅读全文

According to Agence France-Presse in Washington, D.C. on October 20th, in the past year, the US budget deficit has skyrocketed, while the tax payments made by businesses and households have decreased, the cost of debt has continued to increase. This puts incumbent US President Biden, who is still one year away from the presidential election, in a difficult situation. The US Treasury announced on the 20th that the budget deficit for the 2023 fiscal year ending Sep ... 阅读全文

Image caption: Tuapshe Refinery in Krasnodar Region Yana Sergeyeva, a special correspondent for Perspective Russia Recently, the Russian government submitted the draft federal budget for 2024-2026 to the State Duma. Compared to the current plan, the government expects a significant increase in treasury revenue and expenditure over the next three years. Russia will 'live within its means' According to previous budgets, the fiscal revenue for 2024 and 2025 was 27.2 ... 阅读全文

As of now, the Russo Ukrainian War has lasted for a full 585 days. Considering the current situation of Russia being constantly sanctioned by the United States and Western countries while fighting, economic data is bound to decline all the way. But in the end, Russia's GDP data exceeded everyone's expectations. According to IMF statistics, as of the end of 2022, Russia's total GDP reached $2.2 trillion, surpassing established developed countries such as Canada an ... 阅读全文

What comes to mind when it comes to Morocco? It may be the exotic Sahara Desert depicted by author Sanmao, or it may be a series of blockbusters such as "Casablanca", "Mission Impossible 5", "Game of Thrones", etc. From October 9th to 15th local time, the World Bank and International Monetary Fund (IMF) annual meeting was held in the millennium old city of Marrakech, Morocco. Two years ago, due to the outbreak of the COVID-19, the annual meeting originally schedu ... 阅读全文

The US ambassador to Russia visited the imprisoned journalist Evan Gershkovich of The Wall Street Journal on Tuesday. A week ago, a Russian court supported the extension of his pre-trial detention. Gershkovic is a 31 year old American citizen who has been recognized by the Russian Ministry of Foreign Affairs as a journalist in Russia. On March 29th, during an interview in Yekaterinburg, Russia, he was detained by Federal Security Service agents. He was detained o ... 阅读全文

The European Central Bank announced on Wednesday that it will advance its plan to develop a digital euro, making the 20 country eurozone one of the pioneers among major economies considering introducing digital currencies. This decision will initiate a two-year 'preparatory stage', but it does not mean that a digital euro will be launched, and decisions regarding the latter are likely to be made separately by European governments. For Europe, a major attraction o ... 阅读全文

Tesla Inc. CEO Elon Musk tweeted on Wednesday that the electric vehicle manufacturer has set November 30th as the date to begin selling the first batch of Cyberracks. Although Tesla's financial report did not meet expectations, good news about this unconventional looking electric pickup truck boosted Tesla's stock in after hours trading on Wednesday. However, Musk attempted to alleviate this optimism during a conference call after the financial report, and Tesla' ... 阅读全文

A consumer organization in the Netherlands sued Amazon on Wednesday for allegedly tracking online activities of website visitors, using the recently expanded legal provisions that allow for class action litigation. Stichting Data Bescherming Nederland (SDBN) filed a lawsuit in the Netherlands claiming that Amazon violated EU privacy laws by tracking visitors to popular websites through cookies without permission. Cookies are a code used to identify individual web ... 阅读全文

According to Agence France-Presse in Washington, D.C. on October 20th, in the past year, the US budget deficit has skyrocketed, while the tax payments made by businesses and households have decreased, the cost of debt has continued to increase. This puts incumbent US President Biden, who is still one year away from the presidential election, in a difficult situation. The US Treasury announced on the 20th that the budget deficit for the 2023 fiscal year ending Sep ... 阅读全文

The yield of long-term US treasury bond bonds hit a 16 year high on Wednesday, putting pressure on the stock market, which has been under pressure due to the Gaza conflict and corporate financial reports. The yield of 10-year US treasury bond bonds rose to 4.902%, the highest closing level since July 2007. The S&P 500 index fell 1.3%. The Dow Jones index fell 332.57 points, or 1%. The Nasdaq Composite Index fell 1.6%. In recent weeks, the rapid rise in bond yield ... 阅读全文

According to a new document submitted on Wednesday, ESPN's Disney Sports division's profits decreased by 20% in the first nine months of this fiscal year, which more clearly reveals the impact of cable TV users cancelling services on the business. In the nine months ended July 1st, the newly reported operating profit of the sports department decreased to $1.48 billion, while revenue decreased by 1.3% to $13.2 billion. This department includes ESPN and related cha ... 阅读全文

Taiwan Semiconductor Manufacturing Co. (TSMC) saw a decrease in net profit in the third quarter as revenue from smartphones and high-speed computing chips decreased, leading to a deterioration in profit margins. The world's largest chip foundry said on Thursday that its net profit decreased by 25% year-on-year to NT $211 billion (approximately US $6.51 billion). The result exceeded expectations. According to a survey conducted by S&P Global Market Intelligence, a ... 阅读全文

Nokia plans to lay off up to 14000 employees after announcing a significant decline in third quarter profits. The telecommunications equipment manufacturer stated that by the end of 2026, the company will reduce its staff from the current 86000 to 72000 to 77000. Due to a 20% decrease in revenue to 4.98 billion euros, Nokia's profit decreased by 69% to 133 million euros, earning 2 cents per share. Analysts surveyed by Visible Alpha previously predicted a profit o ... 阅读全文

The Chinese parent company of pork giant Smithfield Foods is collaborating with banks to prepare the 87 year old company to go public again in the United States. According to insiders, the largest pork producer in the United States may go public as early as next year. These people say that discussions are currently underway and there may be changes in the listing time. Smithfield was acquired by China's largest meat producer, now known as WH Group, in 2013. This ... 阅读全文

Alphabet's Google plans to start producing Pixel smartphones in India, joining its smartphone manufacturing peers Apple (AAPL), and migrating its supply chain to regions outside of China. Google said in a statement on Thursday that it will start with the latest Pixel 8 series, which will be launched in early 2024. Google stated that the company "will collaborate with international and domestic manufacturers to produce Pixel smartphones locally in India" as part o ... 阅读全文

Bilibili Double 11: Traffic oriented e-commerce platform, connecting JD Alibaba Pinduoduo product library According to Pengpai, during this year's Double 11, Bilibili has reached deep cooperation with e-commerce platforms such as Alibaba, JD.com, and Pinduoduo. At the same time, Bilibili will add a "Double 11" section internally, while retaining the original member purchase section, a "Tmall Double 11" section will be added to directly display related products, ... 阅读全文