Innogen, Other Chinese Pharmas to Cause Weight-Loss Drug Price Plunge
The expiration in China of Novo Nordisk's semaglutide patent in early 2026 will allow Chinese companies to glut the market with GLP-1 weight-loss drugs.
Business
Price of Chinese Goods Show First Hint of Tariff Impact
US tariffs on Chinese goods are beginning to appear in economic data but the impact is expected to surge as more goods are shipped under ...
China Factory Activity Resumed Growth in June
Despite high US tariffs China's new factory orders and shipments returned to expansion in June after declining in May.
Alexandr Wang to Head Up Meta's Superintelligence Labs
The former CEO of Scale AI has been charged with giving Meta's social media platform capabilities for its new Superintelligence tab.
Google Buys Fusion Power from Commonwealth Fusion Systems
Fusion is the energy long game for power-hungry data centers, and Google is betting that Commonwealth Fusion System can deliver ahead of rivals.
China's High Bauxite Imports Show Aluminum Production Growth
Despite high US tariffs China continues to grow bauxite imports from Guinea to feed its fast growing aluminum production.
US Billionaires Ready to Buy TikTok, Trump Claims
Trump claims to have found a group of wealthy people ready to buy the Chinese-owned TikTok video app's US business to prevent it from being ...
Jensen Huang, Nvidia Insiders Sell $1 Bil Worth of Shares
A 60% Nvidia share price surge since April to new records prompts some insiders to trim their stakes.
Alex Lau's SuperWood Strong As Steel but Much Lighter
Liangbing Hu's discovery in a University of Maryland lab has inspired a startup that will begin scaling up production of SuperWood this summer.
Rare Earth Flow Far from Normal As China Clings to Leverage
After two sets of talks initiated by the US to get rare earths flowing, the pace of China's license approvals appears tightly controlled to keep ...
Five Top Chinese OpenAI Talent Poached by Meta
After hiring three AI researchers from OpenAI's Zurich office, Mark Zuckerberg recruited four more Chinese OpenAI reserchers for his superintelligence push.
Canada Scraps Digital Service Tax to Resume US Tariff Talks
Canada appears to blink to bide time after Trump's abrupt withdrawl from talks Friday on Canada's announcement of a digital service tax.
Huge AI Energy Demand Prompts Trump Plan for New Power Plants
Trump plans to issue a slew of executive orders to facilitate construction of new power plants to feed the booming and power-hungry AI industry.
Global Luxury Brands Woo China Consumers with Experiences
Recent decline in China sales has spurred European luxury brands to offer new experiences to attract customers in a market seen as their growth engines.
Chinese Carmakers Push EVs in Africa in Face of US Tariffs
Import barriers imposed by the US and Europe prompt Chinese carmakers to use their cost advantage to dominate African markets, starting in South Africa.
DeepSeek's R2 AI Model Could Create Too Much Demand for Nvidia Chips
A shortage of H20 Nvidia chips used by most AI companies due to US export restrictions could hamper adoption of DeepSeek's R2 AI Reasoning model ...
Xiaomi's Luxury YU7 EV SUV Undercuts Tesla Model Y Price
China's mobile phonemaker is seeing high demand for the YU7 SUV, its second EV, with 200,000 orders in 3 minutes after it began sales Thursday ...
Stablecoin Boom Fuels Demand for Short-Term US Treasuries
Demand for 2-,3-. 5-year US Treasuries will increase as more stablecoins come on the market to meet growing demand for crypto assets tethered to the ...
EU Hangs Tough on Trump Tariffs, Eyes Asia as Trade Ally
As Trump's July 7 tariff deadline approaches the EU remains resistant to his proposed 10% across the board tariffs.
Tesla Austin Robotaxi Trial Already Plagued by Errors
With full self-driving being the primary factor behind Tesla's 150 times earnings valuation, the outcome of the Austin trial could severely lower Tesla prospects and ...
May US Home Sales Plunged, Inventories Peaked
Economic disruption resulting from Trump's erratic and exorbitant tariffs combined with high mortgage rates are making many homebuyers sit and wait.
China, India Cut Indonesian Coal Imports in Shift to Higher Grade
As global coal prices fall on decreasing demand, the world's two leading importers cut out low-grade coal from Indonesia, the world's top coal exporter.
Thailand to Recriminalize Cannabis By Way of Political Revenge
The defection of a minor party from the ruling coalition prompted a Shinawatra order putting cannabis back on the narcotics list requiring a doctor's prescription.
Agentic AI Not Yet Effective Enough, Will Suffer Major Shakeout
It will take until 2028 for at least 15% of daily business transactions will be handled autonomously by Agentic AI applications.
Nvidia Passes Microsoft As World's Most Valuable Company
A 4.3% surge in Nvidia's stock price to a record $149.53 on Wednesday has given it a valuation of $3.75 trillion, adding $5 billion to ...
Central Banks See Gold, Euro, Yuan As Safer in Shift from Dollar
The economic chaos unleashed by Trump's erratic and extreme tariffs has made central bank directors around the world consider shifting away from the dollar toward ...
Korean Gamer Krafton Buys Japan's Top Animator ADK
South Korea's hit gamemaker sees synergy in acquiring the animation and advertising capabilities of ADK, one of Japan's top three comprehensive advertising groups.
Anthropic Using Books to Train AI Model Not Copyright Infringement Rules Federal Judge
Storing books in a central library would violate their copyrights, but merely using them to train an AI model is fair use, according to a ...
China Ships New Cars Overseas as Used Cars to Show Sales Growth
Intense competition in China's massive auto industry has resulted in over-production and shipping new cars at used-car prices to Russia, Central Asia and the Middle ...
India Business Activity Surges in June to Meet Export Growth
Trump's prohibitive tariffs on Chinese imports and related supply-chain disruptions have prompted a major shift toward US manufacturing in India.
AAA Credit Ratings for Harvard, Elite Universities Withstand Trump Attacks
S&P Global confirms that stellar credit ratings enjoyed by Harvard and other elite universities can withstand Trump measures calculated to weaken them.
Tesla Shares Surge on Austin Robotaxi Debut
Tesla's share prices surge 10% on Monday following start of Tesla's Austin Robotaxi operations, sending Price/Earning ratio to astronomical levels.
Jay Kim Forms Key Link in Imports of Legal, Illegal Vapes from China
E-cigarettes brands like Lost Mary and Geek Bar enter the US through Kim's customs brokerage which helps satisfies the bulk of US demand for illegal ...
European Digital Services Tap Reaction Against Trump's USA
Trump's autocratic, isolationist impact pushes many Americans to seek European services to delink their digital stack from US tech giants.
China on Track to Become Net Energy Exporter Says Rosneft CEO
Its push into renewables, nuclear and synthetic fuels is transforming China from a leading energy importer into a nation that will soon be exporting energy, ...
Chinese Weight-Loss Drug Comparable to Wegovy in Study
Patients given weekly injections of Sciwind's GLP-1 lost between 10 and 15% of their body weight in 48 weeks.
Trump Plans to Block Use by Allies of US Chip Tech in China
In a desperate contest of wills with Xi Jinping over tariffs and export controls Trump hopes to impose blocks on use of US chip technology ...
Honda's Helm.ai Challenges Tesla's Camera-Based FSD
A camera-based auto control system that interprets the urban environment to allow advance planning poses a direct challenge to the cameras-only system used by Tesla ...
Rare Earths Give Beijing Whip Hand in Talks with EU
EU in supplicant position in coming summit with China as it desperaely needs access to more rare earth minerals to keep its industry turning.
Viet EV Maker Vinfast Opens First US Dealership
A general retreat from the US market in favor of focusing on Asia has prompted Vinfast to switch to a dealership model with by opening ...
Chinese Bitcoin Mining Leaders Beat Tariffs with US Manufacturing Plants
The best-selling makers of bitcoin mining machines, all Chinese, get ahead of tariffs by setting up manufacturing in the US.
Nvidia's SandboxAQ Releases Data to Speed AI Drug Discovery
SandboxAQ has synthetically generated data on the ability of various types of molecules to bind to specific proteins to help researchers use AI for drug ...
Trump Tariffs Soften Job Market, Cut Housing Starts
The economic uncertainty and inefficiencies created by Trump's extreme tariffs is seen as the main cause of a sharp reduction in housing starts as well ...
China Pushes Digital Yuan to Exploit Dollar's Tariff Slide
Trump tariffs motivate the investing world to seeks alternatives to the dollar and the Bank of China sees an opportunity to capitalize with the digital ...
US Battery Makers Squeezed by China's Ban on Antimony Exports
Another rare earth mineral not even discussed in the latest round of US-China trade talks is one essential to the makers of lead-acid batteries still ...
Trump Extends Deadline for Sale of TikTok to US Owner
A 90-day extension for ByteDance to sell its US operations or face shutdown would be the third such extension since Trump took office.
US Retails Sales Fall Biggest in Four Months on Tariff Impact
Falling auto sales begin to show impact of Trump's extreme tariff policy on manufacturing costs and consumer spending.
Taiwan Buys Drone Software War-Tested in Ukraine to Deter China
Taiwan commits to a strategic initiative to add a large drone fleet as a defense against potential invasion by China.
Honda Launches, Recovers Reusable Rocket
Japan's bid to double the size of its space industry by the early 2030s has attracted efforts by Honda, Toyota and others.
'Worse Than Covid' Say LA Small Businesses of ICE Raids
Deportation raids are keeping customers away from Los Angeles businesses that normally see high traffic among immigrant customers.
Innogen, Other Chinese Pharmas to Cause Weight-Loss Drug Price Plunge
The expiration in China of Novo Nordisk's semaglutide patent in early 2026 will allow Chinese companies to glut the market with GLP-1 weight-loss drugs.
Price of Chinese Goods Show First Hint of Tariff Impact
US tariffs on Chinese goods are beginning to appear in economic data but the impact is expected to surge as more goods are shipped under ...
China Factory Activity Resumed Growth in June
Despite high US tariffs China's new factory orders and shipments returned to expansion in June after declining in May.
Alexandr Wang to Head Up Meta's Superintelligence Labs
The former CEO of Scale AI has been charged with giving Meta's social media platform capabilities for its new Superintelligence tab.
Google Buys Fusion Power from Commonwealth Fusion Systems
Fusion is the energy long game for power-hungry data centers, and Google is betting that Commonwealth Fusion System can deliver ahead of rivals.
China's High Bauxite Imports Show Aluminum Production Growth
Despite high US tariffs China continues to grow bauxite imports from Guinea to feed its fast growing aluminum production.
US Billionaires Ready to Buy TikTok, Trump Claims
Trump claims to have found a group of wealthy people ready to buy the Chinese-owned TikTok video app's US business to prevent it from being ...
Jensen Huang, Nvidia Insiders Sell $1 Bil Worth of Shares
A 60% Nvidia share price surge since April to new records prompts some insiders to trim their stakes.
Alex Lau's SuperWood Strong As Steel but Much Lighter
Liangbing Hu's discovery in a University of Maryland lab has inspired a startup that will begin scaling up production of SuperWood this summer.
Rare Earth Flow Far from Normal As China Clings to Leverage
After two sets of talks initiated by the US to get rare earths flowing, the pace of China's license approvals appears tightly controlled to keep ...
Five Top Chinese OpenAI Talent Poached by Meta
After hiring three AI researchers from OpenAI's Zurich office, Mark Zuckerberg recruited four more Chinese OpenAI reserchers for his superintelligence push.
Canada Scraps Digital Service Tax to Resume US Tariff Talks
Canada appears to blink to bide time after Trump's abrupt withdrawl from talks Friday on Canada's announcement of a digital service tax.
Huge AI Energy Demand Prompts Trump Plan for New Power Plants
Trump plans to issue a slew of executive orders to facilitate construction of new power plants to feed the booming and power-hungry AI industry.
Global Luxury Brands Woo China Consumers with Experiences
Recent decline in China sales has spurred European luxury brands to offer new experiences to attract customers in a market seen as their growth engines.
Chinese Carmakers Push EVs in Africa in Face of US Tariffs
Import barriers imposed by the US and Europe prompt Chinese carmakers to use their cost advantage to dominate African markets, starting in South Africa.
DeepSeek's R2 AI Model Could Create Too Much Demand for Nvidia Chips
A shortage of H20 Nvidia chips used by most AI companies due to US export restrictions could hamper adoption of DeepSeek's R2 AI Reasoning model ...
Xiaomi's Luxury YU7 EV SUV Undercuts Tesla Model Y Price
China's mobile phonemaker is seeing high demand for the YU7 SUV, its second EV, with 200,000 orders in 3 minutes after it began sales Thursday ...
Stablecoin Boom Fuels Demand for Short-Term US Treasuries
Demand for 2-,3-. 5-year US Treasuries will increase as more stablecoins come on the market to meet growing demand for crypto assets tethered to the ...
EU Hangs Tough on Trump Tariffs, Eyes Asia as Trade Ally
As Trump's July 7 tariff deadline approaches the EU remains resistant to his proposed 10% across the board tariffs.
Tesla Austin Robotaxi Trial Already Plagued by Errors
With full self-driving being the primary factor behind Tesla's 150 times earnings valuation, the outcome of the Austin trial could severely lower Tesla prospects and ...
May US Home Sales Plunged, Inventories Peaked
Economic disruption resulting from Trump's erratic and exorbitant tariffs combined with high mortgage rates are making many homebuyers sit and wait.
China, India Cut Indonesian Coal Imports in Shift to Higher Grade
As global coal prices fall on decreasing demand, the world's two leading importers cut out low-grade coal from Indonesia, the world's top coal exporter.
Thailand to Recriminalize Cannabis By Way of Political Revenge
The defection of a minor party from the ruling coalition prompted a Shinawatra order putting cannabis back on the narcotics list requiring a doctor's prescription.
Agentic AI Not Yet Effective Enough, Will Suffer Major Shakeout
It will take until 2028 for at least 15% of daily business transactions will be handled autonomously by Agentic AI applications.
Nvidia Passes Microsoft As World's Most Valuable Company
A 4.3% surge in Nvidia's stock price to a record $149.53 on Wednesday has given it a valuation of $3.75 trillion, adding $5 billion to ...
Central Banks See Gold, Euro, Yuan As Safer in Shift from Dollar
The economic chaos unleashed by Trump's erratic and extreme tariffs has made central bank directors around the world consider shifting away from the dollar toward ...
Korean Gamer Krafton Buys Japan's Top Animator ADK
South Korea's hit gamemaker sees synergy in acquiring the animation and advertising capabilities of ADK, one of Japan's top three comprehensive advertising groups.
Anthropic Using Books to Train AI Model Not Copyright Infringement Rules Federal Judge
Storing books in a central library would violate their copyrights, but merely using them to train an AI model is fair use, according to a ...
China Ships New Cars Overseas as Used Cars to Show Sales Growth
Intense competition in China's massive auto industry has resulted in over-production and shipping new cars at used-car prices to Russia, Central Asia and the Middle ...
India Business Activity Surges in June to Meet Export Growth
Trump's prohibitive tariffs on Chinese imports and related supply-chain disruptions have prompted a major shift toward US manufacturing in India.
AAA Credit Ratings for Harvard, Elite Universities Withstand Trump Attacks
S&P Global confirms that stellar credit ratings enjoyed by Harvard and other elite universities can withstand Trump measures calculated to weaken them.
Tesla Shares Surge on Austin Robotaxi Debut
Tesla's share prices surge 10% on Monday following start of Tesla's Austin Robotaxi operations, sending Price/Earning ratio to astronomical levels.
Jay Kim Forms Key Link in Imports of Legal, Illegal Vapes from China
E-cigarettes brands like Lost Mary and Geek Bar enter the US through Kim's customs brokerage which helps satisfies the bulk of US demand for illegal ...
European Digital Services Tap Reaction Against Trump's USA
Trump's autocratic, isolationist impact pushes many Americans to seek European services to delink their digital stack from US tech giants.
China on Track to Become Net Energy Exporter Says Rosneft CEO
Its push into renewables, nuclear and synthetic fuels is transforming China from a leading energy importer into a nation that will soon be exporting energy, ...
Chinese Weight-Loss Drug Comparable to Wegovy in Study
Patients given weekly injections of Sciwind's GLP-1 lost between 10 and 15% of their body weight in 48 weeks.
Trump Plans to Block Use by Allies of US Chip Tech in China
In a desperate contest of wills with Xi Jinping over tariffs and export controls Trump hopes to impose blocks on use of US chip technology ...
Honda's Helm.ai Challenges Tesla's Camera-Based FSD
A camera-based auto control system that interprets the urban environment to allow advance planning poses a direct challenge to the cameras-only system used by Tesla ...
Rare Earths Give Beijing Whip Hand in Talks with EU
EU in supplicant position in coming summit with China as it desperaely needs access to more rare earth minerals to keep its industry turning.
Viet EV Maker Vinfast Opens First US Dealership
A general retreat from the US market in favor of focusing on Asia has prompted Vinfast to switch to a dealership model with by opening ...
Chinese Bitcoin Mining Leaders Beat Tariffs with US Manufacturing Plants
The best-selling makers of bitcoin mining machines, all Chinese, get ahead of tariffs by setting up manufacturing in the US.
Nvidia's SandboxAQ Releases Data to Speed AI Drug Discovery
SandboxAQ has synthetically generated data on the ability of various types of molecules to bind to specific proteins to help researchers use AI for drug ...
Trump Tariffs Soften Job Market, Cut Housing Starts
The economic uncertainty and inefficiencies created by Trump's extreme tariffs is seen as the main cause of a sharp reduction in housing starts as well ...
China Pushes Digital Yuan to Exploit Dollar's Tariff Slide
Trump tariffs motivate the investing world to seeks alternatives to the dollar and the Bank of China sees an opportunity to capitalize with the digital ...
US Battery Makers Squeezed by China's Ban on Antimony Exports
Another rare earth mineral not even discussed in the latest round of US-China trade talks is one essential to the makers of lead-acid batteries still ...
Trump Extends Deadline for Sale of TikTok to US Owner
A 90-day extension for ByteDance to sell its US operations or face shutdown would be the third such extension since Trump took office.
US Retails Sales Fall Biggest in Four Months on Tariff Impact
Falling auto sales begin to show impact of Trump's extreme tariff policy on manufacturing costs and consumer spending.
Taiwan Buys Drone Software War-Tested in Ukraine to Deter China
Taiwan commits to a strategic initiative to add a large drone fleet as a defense against potential invasion by China.
Honda Launches, Recovers Reusable Rocket
Japan's bid to double the size of its space industry by the early 2030s has attracted efforts by Honda, Toyota and others.
'Worse Than Covid' Say LA Small Businesses of ICE Raids
Deportation raids are keeping customers away from Los Angeles businesses that normally see high traffic among immigrant customers.
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