BUSINESS: GOLDSEA

Subscribe for Free Updates

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Transfer of US TikTok Approved by China Says Bessent

The deal to sell control of US operations of the ...

Nvidia's Blackwell Chip Not Discussed at Busan Summit

Trump decided not to broach the potentially thorny subject of ...

Esteé Lauder Results Confirm China Luxury Revival

Strong sales growth in China and Asia suggests the slump ...

China to Phase Out EV Industry Subsidies

The massive subsidies of the past decade that helped build ...

China Takes 3 Soybean Cargoes Ahead of Talks

China's resumption in buying US soybeans is expected to be ...

Nvidia's Blackwell Chips Teased for Trump Talks with Xi

Trump teased the possibility of allowing sales of Nvidia's state-of-the-art ...

China Block on Nexperia Chip Shipments Hobble Global Carmakers

After Netherlands seized control of Nexperia's Dutch operations, its Chinese ...

Nvidia Goes from $4 Trillion to $5 Trillion in 78 ...

The unparalleled rise in the valuation of the world's most ...

EV Lull Prompts More Hybrids, Cheaper Models

The end of US $7,500 tax credits for EVs has ...

Hyundai Cheers Trade Deal

The deal finalized Wednesday would lower tariffs on S. Korean ...

SK Group Head Sees Chip Bottleneck from AI Boom

Chips and other key supplies can't keep pace with demand ...

Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform

Palo Alto's updates of cloud security platform Cortex Cloud and ...

Nvidia to Build 7 Supercomputers for Nuclear Arsenal

Jensen Huang announced a deal to build AI supercomputers to ...

Lucid to Launch Self-Driving EV with Nvidia AI System

The upscale EV-maker will use cameras, radar and lidar paired ...

Trump Media's Truth Social Enters Prediction Market

The Trump family seeks to capitalize on a fast-growing multi-million ...

US Tightens Restrictions on Chinese Telecom Gear

The FCC tightened barriers to the deployment of telecommunications equipment ...

Google Data Center Demand to Restart Iowa Nuclear Plant

NextEra Energy and Google signed a deal that would ensure ...

Meta Shifts Vishal Shah to Head Up AI Products

As part of Meta's massive personnel restructuring effort, Shah has ...

Qualcomm Invades Nvidia's AI Chip Territory

The chipmaker long focused on smartphones and PCs hopes to ...

AMD to Build 2 Supercomputers for DOE Fusion Power Quest

The Department of Energy has selected AMD for a $1 ...

US Rare Earths Slump on Hope of China Trade Deal

Nascent US rare-earth mining and refining companies suffer a big ...

India 2025 GDP Growth Revised Up to 6.7%

Despite the current 50% US tariff, an expected central bank ...

First Yen-Pegged Stablecoin Launched

A yen-pegged stablecoin issued by startup JPYC may help loosen ...

P&G Finds Winning Strategy Amid Consumer Divergence

P&G beats estimates by navigating a bifurcated economy in which ...

Consumer Divide Widens Due to Tariffs

The gulf between affluent and low-income consumers continues widening under ...

Cooling Consumer Inflation Paves Way for Rate Cut

The CPI increased 0.3% in September after a 0.4% rise ...

P&G Beats on Strong Demand for Beauty, Haircare

The world's top maker of home and personal care products ...

China Pledges Significant Rise in Consumption

The next five year plan for China's central government envisions ...

Quadrupling of Argentina Beef Imports Angers US Ranchers

Trump's efforts to lower beef prices and prop up the ...

S. Korea Posts Modest Q3 GDP Gain

Strong chip demand and reviving consumer sentiment helped produce a ...

Jobless Claims Continue Rising, Layoffs Stay Low

Despite lack of Labor Department data those available from most ...

Anthropic Spends Tens of Billions on Google AI Chips

Anthropic's high growth rate for enterprise AI services justify spending ...

Tesla Bets New Models Don't Matter

The paucity of new models since the 2017 launch of ...

Volvo Cars Q3 Profits Quadruple Forecasts

Despite tariffs and intense competition Volvo quadrupled profit forecasts with ...

Nexperia Resumes Supplying Chips to China Distributors

The China-based unit of automotive chipmaker Nexperia seeks to operate ...

Tata Technologies to Hire More Locally in US

Trump's immigration restrictions and new $100,000 H-1B visa fees pressure ...

US in Talks for Stakes in Quantum Computing Firms

IonQ, Rigetti Computing and D-Wave Quantum are among firms in ...

Volkswagen Warns Workers of Stoppages on Nexperia Chip Crisis

When the Dutch government seized control of Chinese-owned Dutch chipmaker ...

Uber Goes Green with EV Push

"Uber Green" service is unveiled along with a program to ...

Labubu Resale Prices Plunge on Sharp Supply Increase

Pop Mart increased production tenfold in 2025 to meet apparently ...

China Retakes Top Spot Among Germany's Trading Partner

Trump tariffs cut German exports to the US by 7.4%, ...

Takaichi Plan to Cheapen Yen Boosts Dollar

Japan's new prime ministers has signaled a willingness to let ...

Airbus Opens 2nd China Assembly Plant

The Anglo-French firm will open its 10th global final assembly ...

Low Yen, Asia Demand Drive First Japan Export Growth in ...

US tariff impact was more than offset by a weak ...

Trade Pact to Lower India Tariffs to 15%

A pending trade pact will cut US tariffs on India ...

GM Shares Surge on 2025 Profits Revision

The leading US carmaker raised its profit guidance on continuing ...

RTX Raises 2025 Forecast on Demand for Patriot Missiles

Despite a large hit from tariffs, the defense giant is ...

Northrop Boosts 2025 Profit Forecast

Despite a downward sales revision on supply-chain fallouts from Trump's ...

Carmakers Scramble Ahead of China's Rare Earth Deadline

The threat of new Chinese export controls beginning November 8 ...

Tariffs Peaked in May, Now Declining

Major global companies estimate $35 billion in tariffs for Q3, ...