BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Jason Kim's Firefly Seeks $5.5 Billion IPO Valuation

As the first commercial firm to achieve a soft landing ...

ICE Raids Scare Off Legal Migrants from Construction Projects

The construction industry is suffering from ICE raids that scare ...

China Tops World in AI Large-Language Models

Zhipu releases its open-source model TLM-4.5, adding to China's total ...

Major On-Time Construction Projects Disrupted by ICE Deportation Raids

The US construction industry is suffering the ravages of worker ...

Samsung to Make Tesla's Advanced AI Chips in Texas

Samsung's next-gen 2-nanometer chip plant in Texas will be used ...

Top US Chip Design Software Maker Fined $140 Mil. for ...

Chip-design software from Cadence Design was used by China's Defense ...

Investors React to US-EU Tariff Deal with Relief but Disquiet

Even as the investment community gives a sight of relief ...

US, EU Reach Trade Deal for 15% Tariffs Across the ...

The deal ends crippling uncertain and satisfies Trump's idiosyncratic desire ...

Japan's $550 Bil. Trade Deal Kicker Can Be Used for ...

Japan's trade negotiator clarifies that the $550 bil. inbound US ...

Huawei Unveils AI System Rivaling Nvidia's Most Advanced

The CloudMatrix 384 is a match for Nvidia's GB200NVL72 which ...

Obesity Molecule from China's Sciwind May Be Licensed by US ...

Sciwind's injectable GLP-1 molecule called ecnoglutide achieved results comparable to ...

Tesla Tops Chinese EVs in China Self-Driving Test

A test sponsored by the Chinese government and TikTok owner ...

China's Unitree Slashes Price on New Humanoid Robot

China's leading robotics firm slashes the price of its latest ...

World's No. 3 Carmaker Sees Tariffs as Opening for More ...

Kia and Hyundai expect to gain US market share as ...

S. Korea Sees US Shipbuilding Renaissance As Bargaining Chip in ...

US ambition to build up shipbuilding capacity would benefit from ...

Hyundai Q2 Earnings Take Hit from Tariffs, Sees More Pain ...

Hyundai joins GM, Stellantis and Tesla in reporting a profit ...

China's BYD to Assemble Cars in Pakistan

The world's leading EV maker expects to begin assembling EVs ...

$1 Bil Worth of Nvidia AI GPUs Smuggled into China

Stringent US export controls couldn't keep China's black marketeers from ...

China's "Instant Retail" Price War Raises Fears of Deflationary Spiral

Meal and merchandise delivery under an hour combined with "zero-yuan" ...

Repairs of Banned Nvidia GPUs Surge in China

Despite a longstanding ban on exports, China sees growing demand ...

Strong Earnings Growth in AI Sector, Struggle in Others

Companies serving the AI race are enjoying stellar earnings but ...

Neuralink Plans 20,000 Surgical Implants per Year

Five clinics implanting three devices will drive $1 billion annual ...

Tokenization Is the Next Big Thing in Finance — Or ...

Holding and trading fragments of underlying assets using blockchain-based tokens ...

Google Gemini, OpenAI Gold Medal in Math Olympiad, Advancing AI

The successful deployment of AI models to solve five out ...

Stellantis Taps China's Leapmotor EVs to Spearhead Push into South ...

South African demand for low-end EVs can be met profitably ...

GM Takes $1 Bil. Hit from Tariffs

Far from boosting US industry, Trump's tariffs are taking a ...

Trump Plans About Face on Some US AI Policies with ...

Policies that hurt aggressive AI exports are deprecated in a ...

Trade Deal Lowers Japan Auto Tariffs Below Mexico, Canada

The agreement would favor imports from Japan over those of ...

Alibaba's Open-Source AI Coder Said to Equal Anthropic, OpenAI

One of China's leading tech giants has released an open-source ...

Dollar Down 6.6% Since April, Slips on Japan Tariff Deal

Sliding of the dollar index suggests investors believe Trump's tariff ...

US Big Three Carmakers Feel Handicapped by Japan Tariff Deal

American cars assembled in Mexico and Canada face higher tariffs ...

China Still Keeps Antimony, Germanium Exports to a Strategic Trickle

US production of weapons and semiconductors are hampered by tight ...

$116 Bil. May Inflows into Euro Zone Debt Suggests Jitters ...

Trump's erratic threats of irrational tariffs and destructive migrant deportations ...

Korea's Apple Farmers Fear Being Sacrificed in US Trade Talks

South Korea's famous apples are too pricey to compete against ...

China Rare-Earth Magnet Exports Septuple in June

Pacts to loosen trade-war restrictions on both sides have allowed ...

Hua Fung Teh Says ONE Championship IPO in Works

A US exchange is being considered for an IPO for ...

Crypto Stocks Jump on House Passage of Stablecoin Bill

A bill to legitimize dollar-pegged stablecoins under the SEC regulatory ...

Chinese Robotics Firm Unitree Begins IPO Process

Economically productive humanoid robots with AI-enabled brains is the focus ...

China Gets Around High Steel Tariffs with Billets

Semi-finished steel blocks face only a fraction of the tariff ...

Top AI Talent Poached by Meta in Zuckerberg Quest for ...

Asian AI researchers make up the bulk of talent poached ...

Jiajun Zhu's Nuro Self-Driving Tech, Lucid Cars Picked for Uber ...

Uber plans to launch a robotaxi service in 2026 with ...

China Spy Agency Targets Illicit Rare Earth Shipments to US

Infiltration and espionage targeting "critical" mineral sector by foreign spy ...

June Retail Sales Beat Expectations Amid Dread of Coming Tariffs

Anticipating higher prices when full tariffs kick in, US consumers ...

China's Hailanyun Data Center Stays Cool Underwater

To cut the huge amounts of electricity used to cool ...

Chinese Undersea Telecom Cable Tech to Be Banned by US

Citing national security concerns the FCC plans to issue rules ...

Fed Outlook Pessimistic on Loss of Migrant Labor, Rising Tariff ...

Businesses complain to the Federal Reserve about growing difficulties from ...

Putin's High War-Footing Interest Rates Cause Debt-Service Distress

Diverting productive capacity to war production made Russian interest rates ...

Consumer Prices Jumped in June on Tariffs Despite Flat Service ...

The impact of tariffs on various consumer goods caused the ...

Weight-Loss Drug from Kailera Partner Jiangsu Hengrui Aces Late-Stage Trial

Jiangsu's KAI-9531, licensed by US-based Kailera, helped patients achieve big ...

Geely Takes Premium EV Brand Zeekr Private at $6.83 Bil. ...

In the face of intensifying EV competition in China Geely ...