China Steel Output Hit 7-Year Low on Property Market Slump
Not even record steel exports were enough to keep China's raw steel output from falling below 1 billion metric tons in 2025 for the lowest ...
Business
China Hit 2025 Growth Target, Faces Major 2026 Hurdle
A Q4 export surge brings 2025 growth to 4.9% but weak consumer confidence and manufacturing overcapacity create a major structural imbalance that must be corrected ...
US Manufacturing Fell in Q4 Despite Slight December Growth
A 0.2% rise in December factory output wasn't enough to prevent a 0.7% drop for the quarter attributable to slumping auto output and worker shortage.
Porsche Suffers Biggest Sales Drop in 16 Years on Weak China Demand
Porsche sales fell 10% from 2024 levels to 279,449 in 2025 due to a 26% drop in China amid stiff competition.
China Stops Buying Russian Electricity, Prompting Talks
Heavy demand in the Russian Far East caused higher prices and severe drops in transmission to China from record 4.5 billion kWhs in 2022 to ...
China-Canada Trade Deal Slashes Tariffs on EVs, Canola
By visiting China to conclude a trade deal Canadian Prime Minister Mark Carney bolstered a trade relationship necessary to offset weaker economic ties with the ...
US-Taiwan Strike Trade Deal with Focus on TSMC Chip Plants in US
The deal lowers tariffs from 20% to 15% in exchange for TSMC commitment to invest $250 billion in chip fabrication plants in the US.
Hyundai Taps Former Tesla Robotics Head As Advisor to Boston Dynamics
Hyundai's ambition to be a leader in integrating AI with robotics for its Atlas humanoid robot is also evident in hiring of former Tesla and ...
TSMC's Arizona Plants Make Cutting-Edge Chips for Apple, Nvidia
Here's a list of TSMC's investments in chip fabrication plants in the US at a cost of $165 billion detailed to date, with an additional ...
Mitsubishi to Pay $7.53 Billion for Shale Oil Assets in Louisiana, Texas
The deal would give the Japanese trading house ownership of shale production and pipeline assets of Aethon Energy Management.
Japan's TBS to Invest $150 Million in US Film Producer Legendary
The parent of Tokyo Broadcasting System is building a partnership with the US company to jointly develop video content based on Japanese manga and games.
China Birth Stimulus Budget in 4th Year of Population Decline
Beijing considers a $25.3 billion stimulus on the eve of data set to show a 4th year of declining births.
US Corporate Bond Issues to Jump to $2.46 Trillion on AI Scaling Demand
AI hyperscalers Amazon, Google, Meta, Microsoft and Oracle are expected to issue $140 billion in bonds in 2026, about five times their average between 2020 ...
Jobless Rate Decline a Statistical Blip Amid Weak Job Creation
A reduction of 9,000 jobless claims last week to 198,000 is thought a statistical glitch amid a job market beset by loss of both jobs ...
Farm Sector Distress Compounded by Trump Policies
Every policy pushed by Trump — from launching a trade war with China to taking away green-energy subsidies to deporting migrants — has exacerbated the ...
US Stocks Leadership Broadens Beyond Tech
Now that shares of tech giants have soared to record highs, investors are looking to industrials, healthcare and small-caps to diversify their portfolios.
China Power-Grid Investments Surge to Record $574 Billion
During the 2026-2030 period China's investment in its energy grid will jump 40% over the previous five years.
Wikipedia Monetizes Content with AI Training Deals
The non-profit online encyclopedia announced data licensing deals with tech giants Microsoft, Met and Amazon, as well as Perplexity and Mistral AI, in addition to ...
Microsoft Buys Soil Carbon Credits to Keep Pledge to Be Carbon Negative
To offset its buildout of power-hungry AI data centers, Microsoft struck a 12-year deal with Indigo Carbon to help meet its goal of becoming carbon ...
Asad Ayaz Named Disney's Chief Marketing Officer
The 20-year Disney veteran was born in Pakistan, raised in England and graduated from Bennington College.
Foreign Visits to US Fell 6% Despite 6.7% Global Tourism Growth
Unsettling US policies appear to have caused some tourists to head for Europe and Japan instead.
Honeywell Grooms Quantinuum Quantum Computing Unit for IPO
The IPO would seek to exploit rising demand in developing quantum computing as a way to accelerate complex processing needed to develop the next generation ...
Japanese Companies Lead World in Corporate Green Push
22% of Japanese firms achieved climate leadership status, followed by 17% of UK, 16% of EU and 8% of China and Southeast Asia.
China Logged Record $1.2 Trillion Trade Surplus in 2025 Despite US Tariffs
An export economy unmatched in competitiveness enjoyed startling success in diversifying export markets quickly enough to offset Trump's trade war.
China-Japan Tensions Over Taiwan Didn't Hurt Highest Trade Since 2022
China imported $16.4 billion worth of goods from Japan in December, the highest total since September 2022.
China Steel Exports, Iron Ore Imports Hit Record High
December steel exports hit 11.3 million metric tons on front-loading ahead of a new Beijing requirement of export licenses starting this year.
Tesla to Release Full Self-Driving Software Valentine's Day
A system that drives but requires an attentive driver on hand to intervene if necessary will only be made available on a monthly subscription basis.
China Trade with Russia Falls for First Time in 5 Years
Falling demand for Chinese cars and lower Russian crude oil prices combined to cause 2-way trade to fall 6.5%.
US Approves Nvidia H200 GPU Sales to China with Conditions
Chinese orders already top 2 million for a total value of over $54 billion, requiring Nvidia to restart production of the last-gen GPUs.
Apple Offers Creator Studio for Monthly Subscription
The bundle of marquee video software like Final Cut Pro and is offered at $12.99 per month or $129 a year to expand Apple's services ...
1.5 Million Americans Compound GLP-1 Knockoffs
Using ingredients, often from China, to compound GLP-1s can save hundreds of dollars per month from using branded weight-loss drugs like Novo's Wegovy.
Russia New Car Sales Plunged 15.6% in 2025
The auto industry suffers from Putin's effort to shift resources toward the Ukraine war with high interest rates and raising scrappage fees.
Renault to Sell Filante Crossover Based on Geely Platform in S. Korea
The French auto giant had already been building its Grand Koleos SUV in S. Korea based on the Chinese automaker's platform.
Google to Make High-End Smartphones in Vietnam
Google plans to expand the number of smartphone models already being produced in Vietnam.
Vietnam Trade Surplus with US Passes China's
Cutting the growing trade imbalance with Vietnam—created in large part due to the push to reduce China's surplus—will be the primary focus for Jennifer Wicks ...
Consumer Inflation Snapped Back in December After Shutdown Distortions
The consumer price index (CPI) jumped 0.3% in December after the BLS had estimated a 0.2% rise in the September to November period.
Taiwan, US Reach Broad Consensus on Tariff Deal
To cut the tariff rate from 20% to 15% Taiwan may agree to build several more TSMC chip plants in Arizona.
China Chip Designer GigaDevice Soars 40% on Hong Kong Debut
The firm ranks second in the world in NOR flash memory used for storing the code that runs consumer electronics, autos and industrial automation.
SK Hynix to Invest $13 Billion on Chip Packaging Plant on AI Demand
The sustained surge in demand for high-bandwidth AI memory prompts Nvidia's main HBM supplier to begin construction of a new factory in April.
Alphabet Becomes 4th Member of $4-Trillion Club on AI Success
Google's parent company briefly touched $4 trillion in valuation as a deal with Apple lifted sentiment about the latest version of the Google Gemini AI ...
China Applauds EU's Minimum Price Scheme for EVs
The EU agrees to replace its threat of high tariffs on Chinese EVs with a rigorous schedule of minimum prices.
Nvidia to Use Vera Rubin Chips in AI Biotech Tieup with Eli Lilly
The firms will jointly spend $1 billion to build a new research facility to generate data to train biotechnology AI models.
Geely Overtakes Volkswagen in China Sales
China's top-selling foreign auto brand slipped to 3rd place in sales behind BYD and Geely as a strong local preference for EVs hurt laggards in ...
Apple Beat Samsung in 2025 Smartphone Sales
A 20% global market share put Apple ahead of Samsung at 19% and Xiomi at 13%.
China's Tariff-Defying Record Export Growth Likely Slowed in December
Expansion of exports to new global markets continue but December growth is expected to slip to 3% due to the base effect caused by export ...
Apple to Base Siri on Google Gemini 3 AI Model
The two firms entered into a multi-year tieup to equip Apple devices with cutting-edge AI capabilities.
Investors Discomfited by Trump Threats Against Powell
Trump's efforts to control the Fed are seen as weakening the dollar and destabilizing the US economy.
US Can Cover Possible Tariff Refunds Says Bessent
The likelihood of a Wednesday Supreme Court ruling invalidating Trump's destructive tariffs prompts the Treasury Secretary to spin a refund as a corporate boondoggle.
Musk's X to Open Algorithm to Public in Response to EU Pressure
X had been hit with a 120 million euro ($140 million) fine for allegedly failing to abide by the transparency required by the EU's Digital ...
10% Credit Card Interest Cap Floated by Trump
The proposed one-year cap effective January 20 isn't accompanied by specifics on how it would be enforced.
China Steel Output Hit 7-Year Low on Property Market Slump
Not even record steel exports were enough to keep China's raw steel output from falling below 1 billion metric tons in 2025 for the lowest ...
China Hit 2025 Growth Target, Faces Major 2026 Hurdle
A Q4 export surge brings 2025 growth to 4.9% but weak consumer confidence and manufacturing overcapacity create a major structural imbalance that must be corrected ...
US Manufacturing Fell in Q4 Despite Slight December Growth
A 0.2% rise in December factory output wasn't enough to prevent a 0.7% drop for the quarter attributable to slumping auto output and worker shortage.
Porsche Suffers Biggest Sales Drop in 16 Years on Weak China Demand
Porsche sales fell 10% from 2024 levels to 279,449 in 2025 due to a 26% drop in China amid stiff competition.
China Stops Buying Russian Electricity, Prompting Talks
Heavy demand in the Russian Far East caused higher prices and severe drops in transmission to China from record 4.5 billion kWhs in 2022 to ...
China-Canada Trade Deal Slashes Tariffs on EVs, Canola
By visiting China to conclude a trade deal Canadian Prime Minister Mark Carney bolstered a trade relationship necessary to offset weaker economic ties with the ...
US-Taiwan Strike Trade Deal with Focus on TSMC Chip Plants in US
The deal lowers tariffs from 20% to 15% in exchange for TSMC commitment to invest $250 billion in chip fabrication plants in the US.
Hyundai Taps Former Tesla Robotics Head As Advisor to Boston Dynamics
Hyundai's ambition to be a leader in integrating AI with robotics for its Atlas humanoid robot is also evident in hiring of former Tesla and ...
TSMC's Arizona Plants Make Cutting-Edge Chips for Apple, Nvidia
Here's a list of TSMC's investments in chip fabrication plants in the US at a cost of $165 billion detailed to date, with an additional ...
Mitsubishi to Pay $7.53 Billion for Shale Oil Assets in Louisiana, Texas
The deal would give the Japanese trading house ownership of shale production and pipeline assets of Aethon Energy Management.
Japan's TBS to Invest $150 Million in US Film Producer Legendary
The parent of Tokyo Broadcasting System is building a partnership with the US company to jointly develop video content based on Japanese manga and games.
China Birth Stimulus Budget in 4th Year of Population Decline
Beijing considers a $25.3 billion stimulus on the eve of data set to show a 4th year of declining births.
US Corporate Bond Issues to Jump to $2.46 Trillion on AI Scaling Demand
AI hyperscalers Amazon, Google, Meta, Microsoft and Oracle are expected to issue $140 billion in bonds in 2026, about five times their average between 2020 ...
Jobless Rate Decline a Statistical Blip Amid Weak Job Creation
A reduction of 9,000 jobless claims last week to 198,000 is thought a statistical glitch amid a job market beset by loss of both jobs ...
Farm Sector Distress Compounded by Trump Policies
Every policy pushed by Trump — from launching a trade war with China to taking away green-energy subsidies to deporting migrants — has exacerbated the ...
US Stocks Leadership Broadens Beyond Tech
Now that shares of tech giants have soared to record highs, investors are looking to industrials, healthcare and small-caps to diversify their portfolios.
China Power-Grid Investments Surge to Record $574 Billion
During the 2026-2030 period China's investment in its energy grid will jump 40% over the previous five years.
Wikipedia Monetizes Content with AI Training Deals
The non-profit online encyclopedia announced data licensing deals with tech giants Microsoft, Met and Amazon, as well as Perplexity and Mistral AI, in addition to ...
Microsoft Buys Soil Carbon Credits to Keep Pledge to Be Carbon Negative
To offset its buildout of power-hungry AI data centers, Microsoft struck a 12-year deal with Indigo Carbon to help meet its goal of becoming carbon ...
Asad Ayaz Named Disney's Chief Marketing Officer
The 20-year Disney veteran was born in Pakistan, raised in England and graduated from Bennington College.
Foreign Visits to US Fell 6% Despite 6.7% Global Tourism Growth
Unsettling US policies appear to have caused some tourists to head for Europe and Japan instead.
Honeywell Grooms Quantinuum Quantum Computing Unit for IPO
The IPO would seek to exploit rising demand in developing quantum computing as a way to accelerate complex processing needed to develop the next generation ...
Japanese Companies Lead World in Corporate Green Push
22% of Japanese firms achieved climate leadership status, followed by 17% of UK, 16% of EU and 8% of China and Southeast Asia.
China Logged Record $1.2 Trillion Trade Surplus in 2025 Despite US Tariffs
An export economy unmatched in competitiveness enjoyed startling success in diversifying export markets quickly enough to offset Trump's trade war.
China-Japan Tensions Over Taiwan Didn't Hurt Highest Trade Since 2022
China imported $16.4 billion worth of goods from Japan in December, the highest total since September 2022.
China Steel Exports, Iron Ore Imports Hit Record High
December steel exports hit 11.3 million metric tons on front-loading ahead of a new Beijing requirement of export licenses starting this year.
Tesla to Release Full Self-Driving Software Valentine's Day
A system that drives but requires an attentive driver on hand to intervene if necessary will only be made available on a monthly subscription basis.
China Trade with Russia Falls for First Time in 5 Years
Falling demand for Chinese cars and lower Russian crude oil prices combined to cause 2-way trade to fall 6.5%.
US Approves Nvidia H200 GPU Sales to China with Conditions
Chinese orders already top 2 million for a total value of over $54 billion, requiring Nvidia to restart production of the last-gen GPUs.
Apple Offers Creator Studio for Monthly Subscription
The bundle of marquee video software like Final Cut Pro and is offered at $12.99 per month or $129 a year to expand Apple's services ...
1.5 Million Americans Compound GLP-1 Knockoffs
Using ingredients, often from China, to compound GLP-1s can save hundreds of dollars per month from using branded weight-loss drugs like Novo's Wegovy.
Russia New Car Sales Plunged 15.6% in 2025
The auto industry suffers from Putin's effort to shift resources toward the Ukraine war with high interest rates and raising scrappage fees.
Renault to Sell Filante Crossover Based on Geely Platform in S. Korea
The French auto giant had already been building its Grand Koleos SUV in S. Korea based on the Chinese automaker's platform.
Google to Make High-End Smartphones in Vietnam
Google plans to expand the number of smartphone models already being produced in Vietnam.
Vietnam Trade Surplus with US Passes China's
Cutting the growing trade imbalance with Vietnam—created in large part due to the push to reduce China's surplus—will be the primary focus for Jennifer Wicks ...
Consumer Inflation Snapped Back in December After Shutdown Distortions
The consumer price index (CPI) jumped 0.3% in December after the BLS had estimated a 0.2% rise in the September to November period.
Taiwan, US Reach Broad Consensus on Tariff Deal
To cut the tariff rate from 20% to 15% Taiwan may agree to build several more TSMC chip plants in Arizona.
China Chip Designer GigaDevice Soars 40% on Hong Kong Debut
The firm ranks second in the world in NOR flash memory used for storing the code that runs consumer electronics, autos and industrial automation.
SK Hynix to Invest $13 Billion on Chip Packaging Plant on AI Demand
The sustained surge in demand for high-bandwidth AI memory prompts Nvidia's main HBM supplier to begin construction of a new factory in April.
Alphabet Becomes 4th Member of $4-Trillion Club on AI Success
Google's parent company briefly touched $4 trillion in valuation as a deal with Apple lifted sentiment about the latest version of the Google Gemini AI ...
China Applauds EU's Minimum Price Scheme for EVs
The EU agrees to replace its threat of high tariffs on Chinese EVs with a rigorous schedule of minimum prices.
Nvidia to Use Vera Rubin Chips in AI Biotech Tieup with Eli Lilly
The firms will jointly spend $1 billion to build a new research facility to generate data to train biotechnology AI models.
Geely Overtakes Volkswagen in China Sales
China's top-selling foreign auto brand slipped to 3rd place in sales behind BYD and Geely as a strong local preference for EVs hurt laggards in ...
Apple Beat Samsung in 2025 Smartphone Sales
A 20% global market share put Apple ahead of Samsung at 19% and Xiomi at 13%.
China's Tariff-Defying Record Export Growth Likely Slowed in December
Expansion of exports to new global markets continue but December growth is expected to slip to 3% due to the base effect caused by export ...
Apple to Base Siri on Google Gemini 3 AI Model
The two firms entered into a multi-year tieup to equip Apple devices with cutting-edge AI capabilities.
Investors Discomfited by Trump Threats Against Powell
Trump's efforts to control the Fed are seen as weakening the dollar and destabilizing the US economy.
US Can Cover Possible Tariff Refunds Says Bessent
The likelihood of a Wednesday Supreme Court ruling invalidating Trump's destructive tariffs prompts the Treasury Secretary to spin a refund as a corporate boondoggle.
Musk's X to Open Algorithm to Public in Response to EU Pressure
X had been hit with a 120 million euro ($140 million) fine for allegedly failing to abide by the transparency required by the EU's Digital ...
10% Credit Card Interest Cap Floated by Trump
The proposed one-year cap effective January 20 isn't accompanied by specifics on how it would be enforced.
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