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High-Tech Manufacturing to See Quality, Efficiency Rise
The recent statistics released by the National Bureau of Statistics shed light on the remarkable trajectory of China's high-tech manufacturing sector. In July, the value added by high-tech manufacturi...
Yen Breaches 158 Against Dollar
In a surprising turn of events, the Japanese yen has once again fallen drastically against the US dollar. On April 26, 2023, the yen depreciated by a staggering 1.73%, reaching an exchange rate where ...
Gold Price Sees Largest Decline in a Year
The gold market has recently exhibited notable fluctuations, showcasing the intricate dance between economic indicators and investor sentiment. As of last week, gold prices experienced a slight uptick...
AAA US Assets Hit by 26% Plunge
In the realm of financial markets, few concepts resonate as strongly as credit ratings. These ratings serve as a crucial metric for assessing the creditworthiness of financial products, inherently inf...
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GDP Growth Diverges: 5% vs. 1.4% in Dollar Terms
On July 15th, the National Bureau of Statistics of China unveiled its gross domestic product (GDP) figures for the first half of 2024. The total GDP stood at a staggering 61.68 trillion yuan, reflecti...
U.S. National Debt Exceeds $35 Trillion
In recent years, discussions surrounding the debt levels of major economies have captured global attention, igniting debates about sustainability, fiscal responsibility, and the potential ramification...
EV Transition Strains European Auto Industry
The European market for electric vehicles (EVs) is currently experiencing an unprecedented downturn, raising alarms among industry stakeholders. The decline in sales has prompted the European Automobi...
Money Market Funds Under Pressure as Yields Near 1%
The current financial landscape is marked by a significant decline in the yields of traditional savings options, ranging from solid bank deposits to flexible money market funds. This shift has sparked...
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Policy Package Aims to Strengthen Livestock Sector
The livestock industry holds immense significance as it directly influences the economy and the well-being of the populace. The robust development of this sector is intimately linked to the availabili...