U.S. Credit Card Debt Hits Record High, Tariff Policies May Worsen the Situation
A recent report from the Federal Reserve Bank of New York has revealed staggering figures: U.S. credit card debt has surged to a historic pe
DBS Bank Partners with UnionPay International to Launch World's First UnionPay Multi-Currency Signature Diamond Debit Card
On November 18, UnionPay International and DBS Bank (Hong Kong) Limited ("DBS Hong Kong") jointly announced a landmark financial innovation
Foreigner "Strikes Gold" in China with $1.2 Million: The Economic Story Behind It Reveals Multiple Financial Dynamics
Recently, a story about a foreigner who "earned" $1.2 million in China has drawn widespread attention in the financial sector. Initially bri
IMF Warns: Global Public Debt May Continue Rising in 2025, Urgent Fiscal Consolidation Needed
On April 23 local time, the International Monetary Fund (IMF) issued a stark warning in its latest *Fiscal Monitor* report: Against the back
U.S.-China Trade War and the American Debt Crisis: Insights from a Historical Perspective
In the current global economic landscape, the U.S.-China trade war and the American debt crisis have become focal points of widespread atten
Saudi Arabia and Qatar Assist Syria in Repaying $15 Million World Bank Debt
Recently, a notable financial development has captured international attention: Saudi Arabia and Qatar announced that they will repay Syria’
Global Debt Soars to $318 Trillion, Risks Loom
The Institute of International Finance (IIF) released a report on February 25 revealing a striking figure: by December 2024, global debt had
US and Eurozone Flash PMI Data Released, Rising Global Debt Expectations Draw Attention
Recently, the release of the flash Purchasing Managers' Index (PMI) data for April in the US and the Eurozone, along with the International
North America Observation丨Debt Monetization: Is the U.S. Preparing to "Harvest" the World Again?
On May 28, local time, U.S. President Joe Biden unveiled his administration's first fiscal budget proposal, priced at a staggering $6 trilli