The Chinese regime has announced relaxing some of the harsh COVID-19 restrictions imposed in the country, with the decision positively affecting stocks worldwide. On Nov. 11, China’s National Health Commission (NHC) announced easing the pandemic rules a day after the Politburo Standing Committee met to approve the measures. The new rules cut down centralized quarantine…
China Dials Back Some COVID-19 Curbs, Global Stocks Jump
China, Hong Kong Stocks Rebound But Analyst Says Government Intervention Will Only Have Short-Term Effect
China’s stock market rebounded on the afternoon of Oct. 25, with its A-share index continuing the upward trend on Oct. 26 after plunging on Oct. 24. However, a financial analyst believes that the stock market recovery is a result of government intervention to appease investors, which will only have a short-term effect. China’s A-share stock…
HSI Index Falls 392 Points, Longfor Properties Down 16 Percent, Cathay Pacific Posts Interim Loss
Hong Kong Hang Seng Index fell 392 points on Aug. 10, Longfor July sales contracted 26 percent month-on-month, and the stock price collapsed by more than 16 percent. Cathay Pacific called for lifting entry quarantine restrictions as soon as possible. The Hang Seng Index opened 46 points lower on July 10, then the decline continued…
US News
- Joshua PhilippRepublicans are now moving to hold FBI Director Christopher Wray in contempt of Congress. The House Oversight Committee previously gave Wray six days to provide a document that they claim… [...]
- Bill PanRoughly 40 million borrowers of federal student loans will soon need to start paying their bills again, under a deal reached by President Joe Biden and House Speaker Kevin McCarthy… [...]
- The Associated PressPORTLAND, Ore.—The driver of the semitruck involved in a fatal crash on Interstate 5 in Oregon earlier this month that left seven farmworkers dead has been indicted on charges of… [...]
- The Associated PressLOS ANGELES—A California appeals court said Tuesday that Leslie Van Houten, who participated in two killings at the direction of cult leader Charles Manson in 1969, should be released from… [...]
- Bryan JungLoretta Mester, president of the Federal Reserve Bank of Cleveland, said there was no “compelling” reason to wait for another interest-rate hike, in a recent interview. Mester told the Financial… [...]
- Epoch VideoU.S. Senate Banking Committee holds a hearing on ‘Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy’ at 10:00 a.m. ET on May 31. Elizabeth Rosenberg, Assistant Secretary… [...]
- The Associated PressALBUQUERQUE, N.M.—Police officers found Tony Peralta earlier this month sitting on a curb not far from the convenience store in a small southeastern New Mexico community where he borrowed a… [...]
- Epoch VideoU.S. Secretary of State Antony Blinken holds a press conference with members of the EU-US Trade and Technology Council after meeting at 9:05 a.m. ET on May 31. [...]
- Katabella RobertsThe White House announced on May 30 that President Joe Biden is formally withdrawing his nomination of Ann Carlson to be administrator of the National Highway Traffic Safety Administration (NHTSA), just months after… [...]
- Lee SmithSix years ago, senior U.S. spies framed Gen. Michael Flynn, a combat veteran with over three decades in uniform, as a Russian spy. Even after he was forced out of the White… [...]