Summary of the U.S. CHIPS and Science Act of 2022
The United States House of Representatives passed a $280 billion CHIPS and Science Act. Policymakers pushed the legislation forward, citing competition from China and concerns around national security. More than $76 billion were…
Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list
Chinese e-commerce giant Alibaba said it will comply with U.S. regulators and work to maintain its listings in New York and Hong Kong. A statement “Alibaba will continue to monitor market developments, comply with applicable…
Monkeypox explained How to protect yourself and what to watch out for
The World Health Organization has declared the monkeypox outbreak a public health emergency of international concern, but it’s not a disease that the general public has been familiar with. For well over a decade,…
E. J. McKay Hiring Investment Banking Analysts
E. J. McKay is an investment banking firm active in the fields of cross-border mergers & acquisitions and corporate finance transactions. With Offices in Shanghai, Beijing, Shenzhen, and presence in many financial centers around…
The euro is worth less than the dollar for the first time in 20 years
The euro has fallen below the U.S. dollar in value for the first time in 20 years, with the Eurozone currency slipping a few hundredths of a cent below the U.S. dollar on…
Why Sri Lanka’s economy collapsed and what’s next
COLOMBO, Sri Lanka — Sri Lanka’s prime minister said late last month that the island nation’s debt-laden economy had “collapsed” as it runs out of money to pay for food and fuel. Short of cash to…