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Coffee Tariff Cut Helps US Roasters, Hurts Brazil

The reprieve on reciprocal tariffs saves US roasters from continuing to eat tariff costs while frees them to seek out low-cost growers around the world.

China Buys US Soybeans Above Market

In a move calculated to show good faith in honoring trade deals China bought 14 cargoes of US soybeans at nearly twice the going price ...

Honda Resumes Normal N. America Production

Disruptions caused by a discontinued supply of Nexperia chips has eased as Honda secures alternate supplies.

Samsung Raises Memory Prices 60%

The race to build AI data centers is staying ahead of the capacity of Samsung, SK Hynix and competitors to manufacture the high-bandwidth memory chips ...

Japan Tourism Slumps on Rift with China

The diplomatic row triggered by new Prime Minister Sanae Takaichi's statement on Taiwan's defense is resulting in a marked drop in Chinese tourism.

Japan GDP Slipped for 1st Time in 6 Quarters

Japan's Q3 GDP fell less than projected as exporters rallied to overcome Trump tariffs.

Indian Farmers Benefit from Rollback on Food Tariffs

Relief from the 50% tariffs that have been imposed on Indian exports will benefit $2.5 to $3 billiion worth of Indian exports of tea, coffee, ...

Samsung Hyundai Announce Huge Domestic Investments

Concerns about the economic impact of investments mandated by the US trade deal, S. Korea's two leading exporters commit to hundreds of billions of dollars ...

Yttrium Shortage Hits US Aerospace, Defense Sectors

In the continuing trade drama created by Trump's unilateral "Liberation Day" tariffs, China continues to play key rare-earth cards to pressure the US into returning ...

Applied Materials Take Big Hit from Curbs to China Exports

The maker of chipmaking equipment has seen China sales cut from 40% of its revenues to just 20% as US export restrictions hit.

China Drives Cartier's Strong Growth

Richemont, the world's 2nd largest luxury group, enjoyed 7% growth in Q3 driven in large part by rising China sales, along with healthy sales in ...

Weekly Jobless Rates Stay Flat

Various private firms estimate the weekly jobless rate as remaining nearly unchanged from the previous week as investors look ahead to next week's resumption of ...

China's EV Battery Materials Suppliers Seek Higher Prices

A rally in cobalt prices and a rise in the price of other battery materials is forcing China's battery materials makers to demand higher prices ...

China Industrial Output Growth Slows on Weak Demand

Industrial growth slows to 4.9% as soft domestic demand can't take up slack from a tariff-induced export slowdown

China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits

SMIC reported a 9.7% jump in Q3 revenues and a 29% jump in profits on strong domestic demand even as it warns of jitters from ...

China E-Commerce Giant JD.com Sees 15% Revenue Jump

Robust sales growth during the 3-Day Singles Day shopping event extended stronger-than-expected Q3 growth for JD.com, Alibaba and Pinduoduo.

Vietnam Plans Big Minimum Wage Boost in 2026

Vietnam's growing importance as a manufacturing hub for foreign companies supports a 7%+ minimum wage increase.

Tencent's Strong Growth Constrained by AI Chip Shortage

US and Chinese restrictions on Nvidia and other US AI chips is hampering the growth of Tencent's cloud business, limiting sale of services to other ...

Top Experts Predict AI's Economic Impact

AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, Broadcom's Hock Tan and Salesforce's Marc Benioff, McKinsey and PwC.

Nissan, Honda in Talks for Joint US Car Development

Electrification, vehicle intelligence and a pickup truck are possible areas of cooperation between the two carmakers amid chalenges from US tariffs and loss of EV ...

India's Biocon Foresees Big Cost Drop for Copycat Drugs

A leading maker of biosimilars, with 7 copycat drugs already in the US market, sees a 50% drop in development cost for drugs mimicking costlier ...

Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem

M100 and M300 processors from Baidu advance China's push to build AI infrastructure without using Nvidia chips.

Nvidia Supplier Foxconn Bullish on AI Demand

Rising demand for AI chips helped Foxconn beat quarterly profit views by 17%.

AI Power Demand Ushers Boom Cycle for Energy Storage

The huge demand for green energy by AI data centers means a 5-year boom in energy storage, according to a UBS analysis.

China Soy Bean Glut to Stymie US Export Hopes

Revenge soybean imports from South America followed by recent US shipments amid trade thaw puts a lid on volume of future purchases from the US.

Microsoft Builds 2nd Denmark Quantum Lab

The new facility will participate in developing the Majorana 1 chip, Microsoft's main entry in the race to develop practical quantum computing.

Volkswagen Bets Future Models on Rivian JV Tech

The vehicle platform and software systems developed in its joint venture with Rivian will be the basis for new Volkswagen and Audi models from 2027.

OpenAI Fights Order to Turn Over 20 Million Chats

Complying with the order would jeopardize confidential user information and the information is 99.99% irrelevant to the New York Times copyright infringement suit, according to ...

Holiday Retail Job Postings Drop

Job postings for stores and restaurants fell 16% from last October, according to Indeed Hiring Lab.

Taiwan 2025 GDP Growth to Approach 6%

Strong Q3 growth of 7.64% on AI chip demand puts Taiwan on track to achieve the strongest GDP growth of any developed economy.

K-Shaped Economy Great for Levi's $300 Jeans

Demand for premium denim is growing faster than for basic jeans, inspiring Levi's to expand sales of $400 Blue Tab jeans and $850 jackets.

Meta AI Chief LeCun Exits After Being Passed Over for Alexandr Wang

Mark Zuckerberg is remaking Meta's AI regime in an aggressive bid for AI leadership with massive hiring of AI talent, including Scale AI founder Alexandr ...

Japan Manufacturer Sentiment Highest in 4 Years

Manufacturers' sentiment index rose to plus 17, up from plus 8 in October, led by electronics export surge amid a 5% drop in yen since ...

Global EV Sales Growth Hits 23% in October

Sales of EVs and hybrids jumped to 1.9 million units despite a big decline in the North American market.

Lisa Su Expects AMD Chip Sales to Hit $1 Trillion

CEO Lisa Su estimates that AMD's combined chip sales will hit $1 trillion per year by 2030, with much of the growth coming from AI.

Porsche-Volkswagen Struggles with EV Rollout, China Competition

Porsche SE, owner of a controlling interest in Volkswagen, sees profits plunge amid a delayed EV rollout and stiff competition in China.

Ikea Enjoys Rising Profits on Growth of Budget-Conscious Shoppers

The Swedish furniture maker has tried to absorb some of the costs added by Trump tariffs as it woos consumers feeling the pinch from several ...

Masayoshi Son's All-In Bet on OpenAI Pays Off Big

SoftBank reported a doubling of quarterly profits to $16.6 billion on a sustained surge by OpenAI stock.

BYD Expects EV Exports to Jump 60%

The Chinese company that passed Tesla last year to become the world's top EV maker is now on track to catch Ford and Honda next ...

OpenAI Weighs Separate AI Healthcare Assistants

Recent high-level hires with healthcare backgrounds appears likely to lead to the creation of AI consumer healthcare offerings.

Tsavorite Secures $100 Million in Pre-Orders

Tsavorite Scalable Intelligence OPU chips used by data centers to scale AI workloads is enjoying strong demand amid a boom in AI infrastructure.

Legal AI Firm Clio Hits $5 Billion Valuation

The latest funding round led by New Enterprise Associates values the legal automation software firm at $5 Billion.

Honda's Biggest Challenge Comes from Chinese EV Makers

Honda's onetime stronghold of Southeast Asia is now being challenged by aggressive Chinese EV makers.

Wall Street Rises on Reopening Deal

House passage of a bill to fund the government until January 30 has produced a jump in share prices of all sectors except healthcare insurers.

Tesla's China Sales Plunged 60% from September

October sales fell 35.8% from last year and 60% from September to claim just 3.2% of China's auto sales.

Sony Lifts Profit Forecast on Lower Tariffs, Strong Chips

Lower tariffs and strong performance of its chips and entertainment business let Sony raise its profit forecast for the fiscal year ending March 2026 by ...

Healthcare Shares Fall on Shutdown Deal

A deal to end the government shutdown without extending Affordable Care Act subsidies is causing a 2 - 10% drop in shares of leading healthcare ...

Carmakers Relieved by China's Exemptions for Nexperia Chip Shipments

The relatively simple but absolutely essential chips for carmakers have been exempted from China's export controls on Nexperia, a Dutch subsidiary of the Chinese firm ...

China Prices Rise on Curbs on Over-Production, Hyper-Competition

Deflationary pressures eased markedly in October as China's consumer prices resumed rising.

China's Easing of Rare-Earth Restrictions Less than Hoped

The trade deal struck at the APEC summit hasn't made China willing to give up the bargaining power secured by tightening control over rare-earth exports.