News

Bankrupt Again! First Republic Bank Collapses, Bigger Than Silicon Valley

In less than two months, three banks in the United States have gone bankrupt.Following Signature Bank and Silicon Valley Bank, First Republic Bank in the United States also collapsed on May 1st and wa...

SFISF Policy Tools to Ensure Stable Capital Market Growth

The implementation of the Securities, Funds, and Insurance Companies Swap Facility (hereinafter referred to as "SFISF") monetary policy tool will significantly enhance the institutions' ability to obt...

India Fines Xiaomi $500M, Seizes $6.7B

India truly lives up to its reputation as a slaughterhouse for multinational corporations, and Xiaomi has also fallen into the trap.In January last year, the Indian government accused Xiaomi of tax ev...

Stock Frenzy Leads to Surge in Large CD Redemptions

The previously highly sought-after large-denomination certificates of deposit have cooled down, with some even being sold at a discount.Recently, many bank apps have seen a surge in the transfer of la...

Semi-Giant's 96% Plunge: Global Chip Dominance Crumbles

Samsung faced an unprecedented crisis in 2023.Earlier, Samsung Electronics released its financial report for the first quarter of 2023, showing that the sales for the first quarter were 63 trillion wo...

Stock Market Boom: Strengthening Post-Loan Management for Consumer Loans

Recently, a screenshot of borrowing money to invest in the stock market has been wildly circulated on social media platforms. In response, many users commented, "The current consumer credit cost has g...