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Yonghui Supermarket: Close 186 supermarket stores in the second quarter, expecting a loss of 827 million yuan.

21/08/2025

Yonghui Supermarket announced that it plans to close 186 supermarket stores in the second quarter of 2025, mainly due to operating losses, contract expiration, and equity transfer. It is estimated that this closure will result in a loss of 827 million yuan. Currently, the closure of some stores is being processed.

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1 m ago

The risk exposure of American banks to municipal bonds has been reduced to the lowest level since the financial crisis.

1 m ago

Although municipal bond valuations are attractive and new bond issuances are huge, the share of state and local government bonds held by US banks is still at its lowest level since the financial crisis. According to the analysis of Federal Deposit Insurance Corporation (FDIC) data for the second quarter by Municipal Market Analytics, banks collectively hold nearly $295 billion in securities and approximately $190 billion in direct loans to municipalities. This means that municipal securities account for about 1.18% of banks' total assets, the lowest level since the financial crisis.

3 m ago

Argentina is experiencing a liquidity crunch, with President Milei clashing with top banks.

3 m ago

Western officials: As the final decision will be made by political leaders, a time frame for the relevant discussions has not yet been set.

6 m ago

Brazilian Central Bank: Net inflows of funds reached $149 million as of August 15th of the current month.

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