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``` The U.S. housing market is under pressure again. May’s new home construction data collapsed sharply, reaching the lowest level since the pandemic and falling much more than market expectations. On Tuesday, data from the U.S. Department of Commerce showed that new home starts in May dropped 15.

``` Author | Huang Yu After continuously ramping up investment in the blue ocean market of Brazil, AliExpress, Alibaba’s cross-border e-commerce platform, is now entering a period of harvest. According to Wallstreetcn, in the recently concluded AliExpress overseas 618 promotion, AliExpress Brazil’s overall GMV grew by over 50% compared to

``` With the US and Iran set to sign a peace agreement on June 19, and the Strait of Hormuz expected to fully reopen to navigation, the market has finally received a long-awaited respite. Brent crude has already given back about 80% of its gains since the start of the current

Yum China has fully acquired Pizza Hut China. On June 16, Yum China announced that it has signed a definitive agreement with Yum! Brands to acquire the ownership of the Pizza Hut brand in mainland China for $1.2 billion in cash. The deal is expected to close in the

``` The US and Iran have reached a temporary agreement to reopen the Strait of Hormuz, causing intense turmoil in the global oil market. Major Wall Street banks have lowered their oil price forecasts, and Brent crude oil prices have dropped to a three-month low. Brent crude oil saw its biggest

``` Nancy Lazar, Chief Global Economist at Piper Sandler, believes that the current US economic cycle is highly similar to the mid-1990s—if oil prices have peaked and inflationary pressures begin to ease, consumer spending is expected to accelerate again, and the housing market will see a gradual recovery. In a

The Bank of Japan raised interest rates as expected, but uncertainty surrounding the policy endpoint is increasing. Vice Governor Shinichi Uchida explicitly stated that the estimated range of the neutral rate is too wide to be used for actual decision-making. This means that even if the policy rate has reached