News & Perspective
Keep current on recent E.J. McKay news & industry trends.
What will be the impact of RMB exchange rate “breaking 7”?
After the offshore renminbi fell below the 7.0 mark against the US dollar on September 15, on September 16, the onshore renminbi also “broken 7” against the US dollar, the first time since…
Queen Elizabeth II, longest-reigning British monarch, dead at 96
Queen Elizabeth II, born Elizabeth Alexandra Mary, was the sovereign monarch of the United Kingdom and 14 other commonwealth countries, including Northern Ireland. She was the longest-reigning monarch in British history and the…
Mid-Autumn Festival (Mooncake Festival) 2022: Greetings, Traditions, Food, Stories…
Mid-Autumn Festival, Zhongqiu Jie (中秋节) in Chinese, is also called the Moon Festival or the Mooncake Festival. It is the second most important festival in China after Chinese New Year. It is also celebrated by many…
Powell Tells Jackson Hole Fed’s ‘Overarching Focus’ Is Reducing Inflation
In a speech on Aug. 26, 2022, Federal Reserve Board Chair Jerome Powell stated: “The Federal Open Market Committee’s (FOMC) overarching focus right now is to bring inflation back down to our 2% goal.” He added: “Price stability … serves as…
iOS 16 Beta: Check Out All the New Features for iPhone
Apple released its latest public beta for iOS 16, and this version includes a new battery percentage icon. If you have an iPhone with Face ID, this makes it easier to tell how much battery power remains:…
The US is ready to block China’s access to advanced chip design software
The U.S. is poised to implement new export restrictions on a specific type of software used to design semiconductors utilizing a next-generation technology that is vital for producing the most advanced AI chips,…
