Tesla Q4 Profits Fall on Impact of Anti-Green Policies, Growing Competion
The sales plunges seen in Q1 and Q2 from Elon Musk's far-right turn are being reprised due to policies of the president he helped elect, ...
Business
China Imposes 50% Local Sourcing Rule for Chipmakers
In its sustained push toward semiconductor self-sufficiency any manufacturing expansion will require proof that half of the equipment is made by Chinese firms.
China Factory Activity to Shrink for 9th Straight Month
Weak domestic demand and sliding profits due to export uncertainties have dampened manufacturing sentiment to 49.2 in December.
Samsung, SK Hynix Granted Licenses to Export Chipmaking Gear to China
The licenses are a reluctant recognition that refusal of the licenses would merely encourage domestic Chinese chipmakers to step into the void.
Meta Buys China's Manus to Boost AI Features
The Singapore-based Chinese firm has shown AI agents capabilities it claims surpasses OpenAI's DeepResearch.
2 China Airlines to Buy 55 Airbus A320s for $8.2 Billion
Budget carrier Spring Airlines will buy 30 A320s while Shanghai-based Juneau will buy 25.
VinVast Affiliate GSM Taxi Mulls Hong Kong IPO
Vietnam's leading all-EV taxi fleet GSM is expected to exceed a $3 billion valuation.
Hyundai Has Through January to Buy Back Russian Plant
Russia's leading foreign carmaker sold its plants with a buyback option at a nominal price after sanctions were imposed due to the Ukraine war.
China Doubled Gold Imports via Hong Kong in November
The 101.5% jump over October imports from Hong Kong reflected China's rise as the world's leading gold consumer at a time when Trump's tariff shocks. ...
S. Korea December Exports Seen Surging 9% on AI Chip Demand
The 9% export jump on year is expected despite sluggish growth in autos, steel and machinery due to US tariffs.
S. Korea's Pension Fund Posts 20% Gain in 2025
The record gain was powered by a 78% jump in domestic stocks and a 25% rise in foreign stocks.
Leapmotor Erodes BYD EV Dominance with Global Alliances, In-House Tech
China's Hangzhou-based Leapmotor builds alliances with Stellantis and FAW to grow annual output to 4 million EVs within a decade.
China's LandSpace Takes on SpaceX with Reusable Rocket, IPO Plans
Despite its two recent failed attempts at landing a reusable first-stage rocket, LandSpace is planning an IPO like its American rival and inspiration, SpaceX.
China Tightens Grip Over Iron Ore Purchases from Global Mining Giants
Three-year-old state mineral buyer China Mineral Resources Group (CMRG) has been squeezing BHP for better terms as it seeks to set a precedent for other ...
S&P 500 Eyes 7,000 As 2025 Ends Strong
The AI boom and expectations of further interest rate cuts on weakening job market continues to drive up US equities to record levels.
China Lithium-Ion Battery Demand Expected to Fall in 2026
An expected drop in domestic Chinese EV sales following a year of surging growth, couple with the expiration of US EV tax credits, is expected ...
Q3 GDP Growth Not Linked to Trump Policies
Partisan claims that the recent report of 4.3% growth during the July-September quarter reflects credit on the current administration's policies is rejected by economists and ...
China Revises Laws to Bolster Ability to Wage Trade War
Effective March 1, 2026 China will be better poised to marshal strategic minerals and an Asian trading bloc to counter trade offensives by the US.
China's November Industrial Profits Sank at Fastest Pace in Over a Year
Weak domestic demand caused profits to fall 13.1% year-on-year despite solid export growth.
Toyota Expects to Produce Over 10 Million Cars in 2026
After a robust 4.9% growth in 2025 the world's leading carmaker expects demand for hybrids to help drive up growth in 2026.
China Bets on Advanced Technologies to Revive Weaker Industries
A relatively weak performance by its industrial sector in 2025 has prompted China to pledge investments to achieve major technological breakthroughs.
AI Demand Drives Long List of Recent Major Deals
Entitities from Disney to the State of Texas are engaging OpenAI, Nvidia and Samsung in a fast-growing network of cloud and infrastructure deals.
China 5-Year Plan Calls for Control of Steel Output
Facing backlash from a world fed up with low-cost Chinese steel, as well as struggles by the sector, China pledges to rein in seel production ...
China Launches 3 Venture Capital Funds to Invest in Hard Technology
Each fund will invest over $7.14 in numerous early-stage startups to help drive Beijing's goal of technological self-sufficiency and leadership.
Japan Passes Record $785 Billion Budget
Despite her aggressively stimulative budget Takaichi seeks to reassure investors that the government won't resort to irresponsible debt issues or tax cuts.
Hanwha's Philly Shipyard Can Build Nuclear Subs for US Navy
The South Korean shipbuilder plans to build nuclear submarines for both the US and its allies.
Taiwan's Foxtron Launches Bria EV for Possible Export
Foxtron was created by Foxconn, the world's leading contract manufacturer for iPhones, and Yulon Motor to produce EVs at mass-market prices.
$20 Billion for AI Chip Designer Groq to Be Nvidia's Biggest Acquisition
Groq, a startup specializing in producing AI inference chips to accelerate pre-trained models, would be Nvidia's biggest acquisition ever.
S&P 500 Hits New Record on Santa Rally
The index most reflective of general investment sentiment hit an intraday high of 6,921.42 on broad-based gains and expectation of more interest rate cuts.
China Expands Sectors Eligible for Incentives for Foreign Investors
To encourage flagging capital inflows Beijing adds more than 200 industries to its list of sectors eligible for incentives for foreign investors.
Weekly Jobless Claims Fall but Unemployment Rolls Grow
The number of people losing jobs declined by 10,000 this week to 214,000 but weak job creation keeps upward pressure on the unemployment rate.
Q3 GDP Goosed by AI Boom, 12th-Hour EV Buys by K's Top Bar
An unexpected 4.3% GDP growth in the July-September period was driven by stock gains and last-minute EV purchases by the top bar of the increasingly ...
Wall Street's Tariff-Refund Trade Suggests Dim View of SCOTUS Integrity
Companies that rely heavily on imports from China are selling their potential right to tariff refunds at a steep discount, reflecting the perception that the ...
Novo Nordisk Offers Pill Version of Wegovy
The pill form of the popular weight-loss drug would allow access to cash-paying customers as well as the needle-phobic.
Samsung Electronics' Harman Buys German Self-Driving Unit
The $1.77 billion deal would advance Samsung's ambition to develop a next-generation EV platform to complement its audio business.
Chinese AI Attracts Investors Fearing Wall Street Bubble
Persistent fears that the US AI sector has overheated into an epic bubble is driving global investors toward China's state-backed AI sector.
China Loses 1st Stage of Reusable Long March 12A Rocket
The inaugural launch of the Long March 12A succeeded in placing the 2nd stage in orbit but failed to recover the 1st reusable stage.
US Blocks Import, Sale of DJI, Other Foreign Drones
The FCC added to its Covered List drones from Chinese firms DJI, Auteil and others, as well as from other foreign nations.
Long List of Robotaxis Deploy Around the World
Tesla is becoming a laggard in the self-driving sector as Waymo, Pony.ai, Uber, Lyft, Grab and Chinese EV firms deploy ridesharing and delivery services in ...
Nvidia to Ship H200 Chips to China by Mid February
If approved by the US as expected the planned shipment would enable a substantial performance improvement for many Chinese AI firms.
China to Scrub Small Debts to Spur Lending, Consumption
China will clear credit reports of past due debts up to 10,000 yuan ($1,420) to improve household loan demand.
India Growth Stayed Strong Post Diwali on Urban Demand
Urban consumption helped India stay on track to achieve a better-than-expected 7.3% GDP growth for 2025.
Instacart Ends AI-Based Variable Pricing After Consumer Ire
The online grocery retail platform had been testing AI algorithms to adjust prices based on what the market would bear.
Video Gamemakers Struggle with High Memory Costs
The DRAM shortage caused by the race to build out AI infrastructure is forcing video gamemakers to buy memory at higher cost even as they ...
Tech Stocks Rebound on Reassuring Earnings
Fears of a repeat of the dot com bust dissipates as the AI boom appears backed up by solid earnings.
Samsung Biologics Makes 2 Big US Acquisitions
To meet US demand for its drugs tariff-free Samsung Biologics is paying $280 million for a GSK plant and buying Human Genome Sciences.
China's Battery Surge Sustained by AI Data Center Boom
Pairing solar panels with lithium-ion storage is the most practical way to address the energy growth demanded by AI.
Yuan Poised to Overtake Dollar for Chinese Overseas Bank Lending
Low yuan rates and managed stability are causing yuan lending to surge to 2.52 trillion yuan ($358 billion) this year, helping China lay the foundation ...
Musk's 2023 Pay Package Restored at $139 Billion Valuation
The Delaware Supreme Court strengthened Musks's control of Tesla by reversing a lower court ruling that had struck down a pay package initially worth $56 ...
Masayoshi Son Focuses SoftBank Billions on Backing OpenAI Race with Google
SoftBank Group races to deliver $22.5 billion to complete a $30 billion commitment to OpenAI as costly AI data center buildouts become crucial in tech ...
Tesla Q4 Profits Fall on Impact of Anti-Green Policies, Growing Competion
The sales plunges seen in Q1 and Q2 from Elon Musk's far-right turn are being reprised due to policies of the president he helped elect, ...
China Imposes 50% Local Sourcing Rule for Chipmakers
In its sustained push toward semiconductor self-sufficiency any manufacturing expansion will require proof that half of the equipment is made by Chinese firms.
China Factory Activity to Shrink for 9th Straight Month
Weak domestic demand and sliding profits due to export uncertainties have dampened manufacturing sentiment to 49.2 in December.
Samsung, SK Hynix Granted Licenses to Export Chipmaking Gear to China
The licenses are a reluctant recognition that refusal of the licenses would merely encourage domestic Chinese chipmakers to step into the void.
Meta Buys China's Manus to Boost AI Features
The Singapore-based Chinese firm has shown AI agents capabilities it claims surpasses OpenAI's DeepResearch.
2 China Airlines to Buy 55 Airbus A320s for $8.2 Billion
Budget carrier Spring Airlines will buy 30 A320s while Shanghai-based Juneau will buy 25.
VinVast Affiliate GSM Taxi Mulls Hong Kong IPO
Vietnam's leading all-EV taxi fleet GSM is expected to exceed a $3 billion valuation.
Hyundai Has Through January to Buy Back Russian Plant
Russia's leading foreign carmaker sold its plants with a buyback option at a nominal price after sanctions were imposed due to the Ukraine war.
China Doubled Gold Imports via Hong Kong in November
The 101.5% jump over October imports from Hong Kong reflected China's rise as the world's leading gold consumer at a time when Trump's tariff shocks. ...
S. Korea December Exports Seen Surging 9% on AI Chip Demand
The 9% export jump on year is expected despite sluggish growth in autos, steel and machinery due to US tariffs.
S. Korea's Pension Fund Posts 20% Gain in 2025
The record gain was powered by a 78% jump in domestic stocks and a 25% rise in foreign stocks.
Leapmotor Erodes BYD EV Dominance with Global Alliances, In-House Tech
China's Hangzhou-based Leapmotor builds alliances with Stellantis and FAW to grow annual output to 4 million EVs within a decade.
China's LandSpace Takes on SpaceX with Reusable Rocket, IPO Plans
Despite its two recent failed attempts at landing a reusable first-stage rocket, LandSpace is planning an IPO like its American rival and inspiration, SpaceX.
China Tightens Grip Over Iron Ore Purchases from Global Mining Giants
Three-year-old state mineral buyer China Mineral Resources Group (CMRG) has been squeezing BHP for better terms as it seeks to set a precedent for other ...
S&P 500 Eyes 7,000 As 2025 Ends Strong
The AI boom and expectations of further interest rate cuts on weakening job market continues to drive up US equities to record levels.
China Lithium-Ion Battery Demand Expected to Fall in 2026
An expected drop in domestic Chinese EV sales following a year of surging growth, couple with the expiration of US EV tax credits, is expected ...
Q3 GDP Growth Not Linked to Trump Policies
Partisan claims that the recent report of 4.3% growth during the July-September quarter reflects credit on the current administration's policies is rejected by economists and ...
China Revises Laws to Bolster Ability to Wage Trade War
Effective March 1, 2026 China will be better poised to marshal strategic minerals and an Asian trading bloc to counter trade offensives by the US.
China's November Industrial Profits Sank at Fastest Pace in Over a Year
Weak domestic demand caused profits to fall 13.1% year-on-year despite solid export growth.
Toyota Expects to Produce Over 10 Million Cars in 2026
After a robust 4.9% growth in 2025 the world's leading carmaker expects demand for hybrids to help drive up growth in 2026.
China Bets on Advanced Technologies to Revive Weaker Industries
A relatively weak performance by its industrial sector in 2025 has prompted China to pledge investments to achieve major technological breakthroughs.
AI Demand Drives Long List of Recent Major Deals
Entitities from Disney to the State of Texas are engaging OpenAI, Nvidia and Samsung in a fast-growing network of cloud and infrastructure deals.
China 5-Year Plan Calls for Control of Steel Output
Facing backlash from a world fed up with low-cost Chinese steel, as well as struggles by the sector, China pledges to rein in seel production ...
China Launches 3 Venture Capital Funds to Invest in Hard Technology
Each fund will invest over $7.14 in numerous early-stage startups to help drive Beijing's goal of technological self-sufficiency and leadership.
Japan Passes Record $785 Billion Budget
Despite her aggressively stimulative budget Takaichi seeks to reassure investors that the government won't resort to irresponsible debt issues or tax cuts.
Hanwha's Philly Shipyard Can Build Nuclear Subs for US Navy
The South Korean shipbuilder plans to build nuclear submarines for both the US and its allies.
Taiwan's Foxtron Launches Bria EV for Possible Export
Foxtron was created by Foxconn, the world's leading contract manufacturer for iPhones, and Yulon Motor to produce EVs at mass-market prices.
$20 Billion for AI Chip Designer Groq to Be Nvidia's Biggest Acquisition
Groq, a startup specializing in producing AI inference chips to accelerate pre-trained models, would be Nvidia's biggest acquisition ever.
S&P 500 Hits New Record on Santa Rally
The index most reflective of general investment sentiment hit an intraday high of 6,921.42 on broad-based gains and expectation of more interest rate cuts.
China Expands Sectors Eligible for Incentives for Foreign Investors
To encourage flagging capital inflows Beijing adds more than 200 industries to its list of sectors eligible for incentives for foreign investors.
Weekly Jobless Claims Fall but Unemployment Rolls Grow
The number of people losing jobs declined by 10,000 this week to 214,000 but weak job creation keeps upward pressure on the unemployment rate.
Q3 GDP Goosed by AI Boom, 12th-Hour EV Buys by K's Top Bar
An unexpected 4.3% GDP growth in the July-September period was driven by stock gains and last-minute EV purchases by the top bar of the increasingly ...
Wall Street's Tariff-Refund Trade Suggests Dim View of SCOTUS Integrity
Companies that rely heavily on imports from China are selling their potential right to tariff refunds at a steep discount, reflecting the perception that the ...
Novo Nordisk Offers Pill Version of Wegovy
The pill form of the popular weight-loss drug would allow access to cash-paying customers as well as the needle-phobic.
Samsung Electronics' Harman Buys German Self-Driving Unit
The $1.77 billion deal would advance Samsung's ambition to develop a next-generation EV platform to complement its audio business.
Chinese AI Attracts Investors Fearing Wall Street Bubble
Persistent fears that the US AI sector has overheated into an epic bubble is driving global investors toward China's state-backed AI sector.
China Loses 1st Stage of Reusable Long March 12A Rocket
The inaugural launch of the Long March 12A succeeded in placing the 2nd stage in orbit but failed to recover the 1st reusable stage.
US Blocks Import, Sale of DJI, Other Foreign Drones
The FCC added to its Covered List drones from Chinese firms DJI, Auteil and others, as well as from other foreign nations.
Long List of Robotaxis Deploy Around the World
Tesla is becoming a laggard in the self-driving sector as Waymo, Pony.ai, Uber, Lyft, Grab and Chinese EV firms deploy ridesharing and delivery services in ...
Nvidia to Ship H200 Chips to China by Mid February
If approved by the US as expected the planned shipment would enable a substantial performance improvement for many Chinese AI firms.
China to Scrub Small Debts to Spur Lending, Consumption
China will clear credit reports of past due debts up to 10,000 yuan ($1,420) to improve household loan demand.
India Growth Stayed Strong Post Diwali on Urban Demand
Urban consumption helped India stay on track to achieve a better-than-expected 7.3% GDP growth for 2025.
Instacart Ends AI-Based Variable Pricing After Consumer Ire
The online grocery retail platform had been testing AI algorithms to adjust prices based on what the market would bear.
Video Gamemakers Struggle with High Memory Costs
The DRAM shortage caused by the race to build out AI infrastructure is forcing video gamemakers to buy memory at higher cost even as they ...
Tech Stocks Rebound on Reassuring Earnings
Fears of a repeat of the dot com bust dissipates as the AI boom appears backed up by solid earnings.
Samsung Biologics Makes 2 Big US Acquisitions
To meet US demand for its drugs tariff-free Samsung Biologics is paying $280 million for a GSK plant and buying Human Genome Sciences.
China's Battery Surge Sustained by AI Data Center Boom
Pairing solar panels with lithium-ion storage is the most practical way to address the energy growth demanded by AI.
Yuan Poised to Overtake Dollar for Chinese Overseas Bank Lending
Low yuan rates and managed stability are causing yuan lending to surge to 2.52 trillion yuan ($358 billion) this year, helping China lay the foundation ...
Musk's 2023 Pay Package Restored at $139 Billion Valuation
The Delaware Supreme Court strengthened Musks's control of Tesla by reversing a lower court ruling that had struck down a pay package initially worth $56 ...
Masayoshi Son Focuses SoftBank Billions on Backing OpenAI Race with Google
SoftBank Group races to deliver $22.5 billion to complete a $30 billion commitment to OpenAI as costly AI data center buildouts become crucial in tech ...
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