China consumed 269.85 billion kilowatt hours (kWh) power last month. The number reduces by 3.7 percent compared with October last year. This is the first year-on-year monthly decrease since 1999.

Meanwhile, according to State Grid Corp, which is in charge of China’s power distribution network the day before yesterday, it has doubled the investment over the next two years. The money is 1 trillion yuan ($146 billion) from a part of Read more…

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According to the payroll data showed on Nov 5, US companies cut about 157,000 jobs last month, which were more than forecast.

ADP Employer Services said that the drop followed a revised 26,000 decrease in September that was larger than previously estimated.

Risks have started from automakers, financial and housing-related companies to retailers and other services as the Read more…

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