Tesla Lost Crown As BYD Sold Over 1 Million Outside China
The Chinese EV giant targets 1.6 million foreign EV sales in 2026, about the total number Tesla sold globally in 2025.
Business
US AI Boom Drew Half of All Sovereign Wealth Fund Investments
AI deals drew $132 billion of new investments by sovereign wealth funds into the US in 2025 while emerging markets pulled 28% less than in ...
Samsung Reports Success with New AI HBM4 Chips
Steadily growing demand for high-bandwidth memory from Nvidia and Tesla poises Samsung to regain market share from leader SK Hynix.
Biren AI Chipmaker Shares Jump 100% on HK's First 2026 IPO
China's policy support for rapid buildout of domestic AI capacity provides strong impetus for AI chip stocks.
S. Korea Factory Activity Rebounds on Exports, Domestic Demand
The manufacturing PMI rose to 50.1 in December after the strongest Q3 growth in four years.
Baidu's AI Chip Arm Files for Hong Kong IPO
The planned initial public offering by Kunlunxin would imply a valuation of about $3 billion.
Starlink to Lower Satellite Orbits for Safety
The operator of the world's largest constellation of satellites will lower their orbits from around 550 km to 480 km to avoid collisions.
Dollar to Continue Declining in 2026 Due to Erratic Policies
The disruptions created by Trump's rule by apparently ego- and MAGA-narrative-driven fiat is likely to weaken the dollar even more after a 9% decline in ...
Musk's Neuralink Promises Mass Produced Brain-Computer Devices
The devices will be implanted via an entirely automated surgical procedure in 2026, Musk promises.
Berkshire Shares Slip on Buffett Retirement After 6,100,000% Growth
The Oracle of Omaha retired at the end of 2025 after having built $283.2 billion portfolio over 60 years.
2026 Stock Growth Likely Keyed to AI Investments, Corporate Earnings, Rate Cuts
After a third year of a bull market driven by AI optimism and interest-rate cuts despite Trump tariff disruptions, this year's growth will rely on ...
Luxury Retailer Saks to File Bankruptcy
The move was triggered by a missed $100 million interest payment as the owner of global luxury retail chains has struggled with flagging demand on ...
Xi Pledges More Aggressive Consumer Stimulus for 2026
With a record trade surplus of $1 trillion and a GDP that hit $20 trillion, China's economy grew 5% in 2025 despite weak consumer spending.
Dollar Plunged in 2025 While Euro Soared and Yen Stalled
The dollar index fell 9.4% while the Euro soared 13.4% and the yen remained static.
Nvidia Approaches TSMC re China Demand for H200 AI Chips
Chinese orders for 2 million last-gen H200 AI chips overwhelms Nvidia's stock of just 700,000.
KOSPI Leads Asian Stocks in Biggest Surge in 8 Years
A surge of confidence in AI investments overcame tariff uncertainties to give Korean stocks a 76% jump this year.
China Factory Activity Returns to Growth In December
China manufacturing purchasing manager's index (PMI) rose unexpectedly to 50.1 from 49.2 in November despite a lack of addiitional stimulus.
SoftBank Completes $40 Billion Bet on OpenAI
The Japanese private investment giant headed by Korean Japanese Masayoshi Son has gone all-in on OpenAI, betting that its valuation will more than treble over ...
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 ...
Tesla Lost Crown As BYD Sold Over 1 Million Outside China
The Chinese EV giant targets 1.6 million foreign EV sales in 2026, about the total number Tesla sold globally in 2025.
US AI Boom Drew Half of All Sovereign Wealth Fund Investments
AI deals drew $132 billion of new investments by sovereign wealth funds into the US in 2025 while emerging markets pulled 28% less than in ...
Samsung Reports Success with New AI HBM4 Chips
Steadily growing demand for high-bandwidth memory from Nvidia and Tesla poises Samsung to regain market share from leader SK Hynix.
Biren AI Chipmaker Shares Jump 100% on HK's First 2026 IPO
China's policy support for rapid buildout of domestic AI capacity provides strong impetus for AI chip stocks.
S. Korea Factory Activity Rebounds on Exports, Domestic Demand
The manufacturing PMI rose to 50.1 in December after the strongest Q3 growth in four years.
Baidu's AI Chip Arm Files for Hong Kong IPO
The planned initial public offering by Kunlunxin would imply a valuation of about $3 billion.
Starlink to Lower Satellite Orbits for Safety
The operator of the world's largest constellation of satellites will lower their orbits from around 550 km to 480 km to avoid collisions.
Dollar to Continue Declining in 2026 Due to Erratic Policies
The disruptions created by Trump's rule by apparently ego- and MAGA-narrative-driven fiat is likely to weaken the dollar even more after a 9% decline in ...
Musk's Neuralink Promises Mass Produced Brain-Computer Devices
The devices will be implanted via an entirely automated surgical procedure in 2026, Musk promises.
Berkshire Shares Slip on Buffett Retirement After 6,100,000% Growth
The Oracle of Omaha retired at the end of 2025 after having built $283.2 billion portfolio over 60 years.
2026 Stock Growth Likely Keyed to AI Investments, Corporate Earnings, Rate Cuts
After a third year of a bull market driven by AI optimism and interest-rate cuts despite Trump tariff disruptions, this year's growth will rely on ...
Luxury Retailer Saks to File Bankruptcy
The move was triggered by a missed $100 million interest payment as the owner of global luxury retail chains has struggled with flagging demand on ...
Xi Pledges More Aggressive Consumer Stimulus for 2026
With a record trade surplus of $1 trillion and a GDP that hit $20 trillion, China's economy grew 5% in 2025 despite weak consumer spending.
Dollar Plunged in 2025 While Euro Soared and Yen Stalled
The dollar index fell 9.4% while the Euro soared 13.4% and the yen remained static.
Nvidia Approaches TSMC re China Demand for H200 AI Chips
Chinese orders for 2 million last-gen H200 AI chips overwhelms Nvidia's stock of just 700,000.
KOSPI Leads Asian Stocks in Biggest Surge in 8 Years
A surge of confidence in AI investments overcame tariff uncertainties to give Korean stocks a 76% jump this year.
China Factory Activity Returns to Growth In December
China manufacturing purchasing manager's index (PMI) rose unexpectedly to 50.1 from 49.2 in November despite a lack of addiitional stimulus.
SoftBank Completes $40 Billion Bet on OpenAI
The Japanese private investment giant headed by Korean Japanese Masayoshi Son has gone all-in on OpenAI, betting that its valuation will more than treble over ...
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 ...
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