HK citizens submit health code registration, paving way for border reopening between mainland and HK

More than 83,000 people have submitted applications for the Hong Kong Health Code in the first few hours of registration on Friday, delivering hope for cross-border commuters and businesspeople who are waiting for…

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Powell to tell Senate omicron variant poses downside risk to economy, complicates inflation picture

Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus cases pose a threat to the U.S. economy and muddle an already-uncertain inflation outlook. A Threat “The…

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The Economy Delivers Some Good News Ahead of Thanksgiving

With the US economy steadily recovering from the pandemic, Americans have some things to be thankful for. The US Bureau of Economic Analysis on Wednesday released two reasonably positive reports on the nation’s…

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China-US biz community upbeat after Xi-Biden meeting

Chinese President Xi Jinping and US President Joe Biden have held their first face-to-face virtual meeting on Tuesday, during which the two sides highlighted trade and economic issues of mutual concern and have reached consensus…

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Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history.

Rivian goes public in one of the biggest IPOs ever

Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history. Rivian shares started trading on the Nasdaq stock exchange Wednesday at around…

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Facebook bets its future on the metaverse

How Will the Metaverse Economy Materialize?

Facebook bets its future on the metaverse. Facebook chairman Mark Zuckerberg, at a press conference early last month, noted the metaphysical economy: “I think of metaphysics as the next generation of the internet.…

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