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17/06/2025
Bank of Japan Governor Haruhiko Kuroda: I do not believe that as a result of today's reduction decision, yields will move in only one direction.
Latest
2 m ago
In May, the month-on-month industrial output in the United States was -0.2%, lower than the expected 0.10%, with the previous value revised from 0.00% to 0.1%. The capacity utilization rate in May was 77.4%, slightly lower than the expected 77.70%, but unchanged from the previous value of 77.70%. The month-on-month manufacturing output in May was 0.1%, in line with expectations, with the previous value revised from -0.40% to -0.5%.
2 m ago
Liu Qiangdong, Chairman of the Board of Directors of JD Group, stated in a sharing session today that JD's total transaction volume on its platform last year was over 4 trillion RMB, with a net income of 1.16 trillion RMB and a net profit of only over 40 billion RMB. The total salary paid by JD was 116.1 billion RMB, and the social security and housing fund paid for the employees was 18 billion RMB. He emphasized that "businesses must make money legally, not making money is too scary. If a business does not make profits, it cannot be said to bear responsibility." Additionally, Liu Qiangdong also stressed that "we have truly achieved not making profit the top pursuit at any time in JD." "Some people may say that I am pretending, but it doesn't matter. If any company can use over 100 billion RMB in real money to pay employees, it's good for everyone to pretend like this." He said so. (Sina Technology)
2 m ago
Liu Qiangdong: JD doesn't regard profit as its top priority.
2 m ago
Amazon Prime Day extended to a four-day promotion, Walmart, Target, and TikTok Shop quickly followed suit.
3 m ago
Italian Minister of Industry Urso hopes that the negotiations of the Italo-German Space Alliance will also include Germany.
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