Green Power Now Cheap Enough to Brush Off Trump Backing for Big Oil
The cost of building solar and wind power generation plants are now lower than the cost of building gas-powered plants, ensuring they will continue to ...
Business
US Pressures Vietnam to Decouple from Chinese Tech
US companies are forced to shift more of their manufacturing to Vietnam to avoid high tariffs on Chinese imports, but Viet manufacturers can't meet Trump's ...
China Exports, Consumer Spending Grew in May Despite US Tariffs
US tariffs have lowered growth rates but China's industrial output and global exports continues growing albeit at a slower pace.
India May Trade Deficit Offset by Surplus in Export of Services
A sharp jump in India's electronics exports helped lower the deficit below the $25 billion anticipated by analysts while export of services rose.
China Now Top Source for Multi-Billion-Dollar Drug Bets by US Big Pharma
China's accelerating investment in biotech research for developing promising new molecules has made it the go-to place for US pharmaceutical giants to seek new licensing ...
China Curbs on Rare Earths for US Weapons Weaken Trump's Tariff Hand
Trump's extreme tariff position faces harsh reality of US weapons systems' dependence on China rare earths and upcoming court rulings that may go strike down ...
Japan PM Under Pressure to End Auto Tariffs in Talks with Trump at G7
Japan's Prime Minister Shigeru Ishiba faces intense pressure and an uphill battle to persuade Trump to drop auto tariffs during their anticipated talks at the ...
Vietnam Tariff Talks Hung up on Reliance on Chinese Components
Vietnam resists agreeing to US demands to cut its heavy reliance on components made in China.
KenCreative 3D Makes Imagination Tangible
Ken Matsutsuru and Ryan Ricasio have combined hustle, creativity, and a 3D printer to build a growing business one flea market at a time.
Labubu Maker Pop Mart Expands into Jewelry As Valuation Trebled
The maker of collectible dolls and toys has seen the popularity of its cute-ugly creations explode, putting it on track to become China's Disney, according ...
Rare Earth Shortage Continues to Hamper Ford Production
Despite China's temporary rare earth export licenses for top three US automakers, Ford has struggled to secure sufficient supplies to keep all production lines open ...
All iPhones Produced in India by Foxconn Now Coming to US
To avoid high tariffs imposed on imports from China Apple has shifted iPhone shipments from its India-based Foxconn production entirely to the US.
Dollar Continues Plunge Against World's Currencies
A worsening outlook for US economic growth and loss of the perception of the US as a stable safe haven takes a heavy toll on ...
China Affirms Deal With No Specifics About Rare Earth Licenses
China's statement offers the usual bromides with no specifics about how many rare-earth licenses will be approved in the coming week.
China, EU Eye Closer Cooperation to Counter Trump Tariffs
The EU has provided a growing market for China's exports as shipments to US suffer sharp declines while China has offered to speed up export ...
Huawei's Advanced AI Chip Capacity Assessed at Only 200,000/Year
The US export controls seek to keep Huawei from achieving the capacity to produce enough advanced AI chips to meet fully China's demand.
Trump Tax Cuts Jeopardize Domestic Rare-Earth Projects
As manufacturers are being forced to idle plants due to shortages of rare-earth imports, but US companies seeking to develop capacity to meet demand may ...
May EV Sales Surged in China and EU, Rose Modestly in US
As carbuyers in the US struggled with tariff and incentive uncertainty, those in China and the EU set new EV sales records.
Nvidia to Build First AI Platform with Robotics in Germany
Jensen Huang expects to increase AI computing capacity in Europe tenfold as he announces plans to build a cloud platform that combines AI with robotics ...
Analysts Discount US-China Deal, See Work in Progress
Observers remain skeptical of Trump's glowing account of London talks outcome, and expect less favorable picture and additional problems to emerge over time.
London Talks Disappoint, Exchanging Rare Earths for Access to US Colleges
Untenable and punitive 55% tariffs would remain on Chinese imports while the US would get access to some rare earths, if Trump's account is accurate, ...
China Decries Sale of New Cars as Used Cars at Steep Discount
The hyper-competitive environment in China's auto industry is creating an untenable situation for carmakers and being called out by state-controlled media.
Trump Hampers London Talks with Strategic Miscalculation, Desperation
The miscalculation behind Trump's insistence on using tariffs as a way to impoverish and isolate China is compounded by a weak negotiating posture.
Hyundai Group to Close $6 Bil. Tank Deal with Poland
Hyundai's defense arm Rotem will provide K2 tanks as well as technical assistance for Poland to build its own tanks.
Huawei CEO Says Chips Lag Nvidia's but Touts Workarounds
US import controls overestimate Huawei chips but cluster computing and software solutions deliver AI capability comparable to Nvidia's, says CEO Ren Zhengfei
Apple Opens Up Tech to Secure Open Source Boost in AI Race
Apple seeks to remedy the developmental progress it lost due to earlier efforts to keep its technology proprietary.
Major Carmakers in Full Panic Over Rare Earths Bottleneck
Rare-earth magnets are essential to the assembly of all cars, EV or gasoline-powered, and plants are being idled by dwindling supplies.
Alexandr Wang's Scale AI Eyed by Meta for $10 Bil. Stake
The fast-growing data-labeling firm founded in 2019 is becoming an important part of the AI landscape for several tech giants.
Xi Refines Rare-Earth Policy to Counter Trump's Tariff Maniputation
Xi is now only granting temporary licenses to export rare earths to the US, suggesting an intention to string the US along the way the ...
US, China Desperate for Big Breakthrough in Monday's London Talks
Looming business slumps for both nations pressure Trump and Xi to achieve a breakthrough that lets each save face.
US Suspends Nuclear Power Plant Parts Shipments to China
The timing of the move to suspend licenses to ship nuclear power-related parts is likely retaliation for China's foot-dragging on rare-earth licenses.
India Auto Production, Sales Hit by China's Rare-Earth Restrictions
China is using its rare-earth dominance to inflict pain on trading partners with whom Beijing is engaging in conflicts, both economic or military.
Vietnam's US Trade Surplus Surges, Adding to Trump Tariff Chaos
Vietnam has become a trans-shipment point for Chinese-made goods as major American brands seek to reduce reliance on China-based production.
Japan's iSpace Soft Lunar Landing Attempt Fails Again
The iSpace Resilience lunar lander couldn't decelerate in time to avoid repeating the crash of the 2023 attempt.
Asian Americans Outperform on Forbes’ “America’s Richest Self-Made Women”
Forbes latest rankings highlight the AAPI community’s outsized contributions both financially and socially
China Seeks to Cool Auto Sector's Hyper-Competitive Tactics
The Chinese government is concerned that anti-competitive practices may lead to distortions in the development of its fast-growing auto industry.
K-Beauty Startups See Strong US Demand Overcoming Tariffs
Korean beauty brands expand aggressively into US brick-and-mortar outlets even as Trump tariffs reduce their gross margins.
Plastics that Dissolve in Seawater Developed by Japanese Researchers
The problem of plastic pollution in the world's oceans may benefit from a materials science breakthrough that would ensure plastic waste doesn't linger for decades.
Trump Tariffs Cause Drop in US Economic Output Says CBO
The bi-partisan Congressional Budget Office offers a negative assessment of the impact of Trump's tariffs, while seeing it adding to budget deficits.
Trump’s Tariffs Put the Hurt on Tiger Balm
President Trump's tariffs on Chinese goods, which include Tiger Balm, have increased the cost of importing the product into the US.
US Auto Plants Shut Down on Reduced China Rare-Earth Shipments
Carmakers with US-based auto plants are suffering severe shortages of rare-earths needed for key components after China uses its rare-earth dominance as leverage in tariff ...
China Puts on Rare Metals Squeeze Ahead of Xi Call with Trump
China provokes auto industry fears about production stoppages due to dwindling rare-earth supplies ahead of possibly crucial talks between Xi and Trump later this week.
Musk Blasts Pork, Fat in Trump's Big Tax and Budget Bill
Trump Buddy Elon Musk expresses disgust with the level of pork in Trump's "Big Beautiful Bill", says it will increase budget deficit by $2.5 billion.
S. Koreans Elect Liberal Leader in Rebuke to Predecessor's Martial Law Antics
Liberal Lee Jae-myung wins South Korean presidency in overwhelming reaction against his conservative's strongman antics in what is likely to be seen as a key ...
AI Coding Startups Spawn Gold Rush, Destroy Jobs
Startups provide AI coding as a practical alternatives to human developers, creating a new boom while causing tech giants to lay off thousands of workers.
Chinese Offshore Wealth Surge Fattens Wu Tianahua's Tiger Brokers
Tiger Brokers' online business surges thanks to an explosion of Chinese private offshore wealth and Beijing's requirement that offshore investments flow through Hong Kong trading ...
China Escalates Trade Tiff with Tough Retort to Trump Accusation
Trump's accusation that China is violating the Geneva tariff deal by dragging feet on rare-earth exports prompts accusations and threats from China's Trade Minister.
End of US Exceptionalism Lowers Dollar into Funding Currency
Investors are exploiting the dollar's weakness to use it for "carry" trades into currencies with prospects for better yields.
Jason Zhang's Applied Digital Signs $15 Bil. AI Deal with Nvidia-Backed Coreweave
The deal gives Applied Digital access to CoreWeave's Nvidia GPU-stocked AI cloud capabilities essential for its transition into a data center real estate investment trust.
TSMC Still Struggling to Fill AI Chip Orders Despite US Tariffs
Still backed up on filling demand for AI chips, TSMC has seen no impact from Trump tariffs on US imports.
Green Power Now Cheap Enough to Brush Off Trump Backing for Big Oil
The cost of building solar and wind power generation plants are now lower than the cost of building gas-powered plants, ensuring they will continue to ...
US Pressures Vietnam to Decouple from Chinese Tech
US companies are forced to shift more of their manufacturing to Vietnam to avoid high tariffs on Chinese imports, but Viet manufacturers can't meet Trump's ...
China Exports, Consumer Spending Grew in May Despite US Tariffs
US tariffs have lowered growth rates but China's industrial output and global exports continues growing albeit at a slower pace.
India May Trade Deficit Offset by Surplus in Export of Services
A sharp jump in India's electronics exports helped lower the deficit below the $25 billion anticipated by analysts while export of services rose.
China Now Top Source for Multi-Billion-Dollar Drug Bets by US Big Pharma
China's accelerating investment in biotech research for developing promising new molecules has made it the go-to place for US pharmaceutical giants to seek new licensing ...
China Curbs on Rare Earths for US Weapons Weaken Trump's Tariff Hand
Trump's extreme tariff position faces harsh reality of US weapons systems' dependence on China rare earths and upcoming court rulings that may go strike down ...
Japan PM Under Pressure to End Auto Tariffs in Talks with Trump at G7
Japan's Prime Minister Shigeru Ishiba faces intense pressure and an uphill battle to persuade Trump to drop auto tariffs during their anticipated talks at the ...
Vietnam Tariff Talks Hung up on Reliance on Chinese Components
Vietnam resists agreeing to US demands to cut its heavy reliance on components made in China.
KenCreative 3D Makes Imagination Tangible
Ken Matsutsuru and Ryan Ricasio have combined hustle, creativity, and a 3D printer to build a growing business one flea market at a time.
Labubu Maker Pop Mart Expands into Jewelry As Valuation Trebled
The maker of collectible dolls and toys has seen the popularity of its cute-ugly creations explode, putting it on track to become China's Disney, according ...
Rare Earth Shortage Continues to Hamper Ford Production
Despite China's temporary rare earth export licenses for top three US automakers, Ford has struggled to secure sufficient supplies to keep all production lines open ...
All iPhones Produced in India by Foxconn Now Coming to US
To avoid high tariffs imposed on imports from China Apple has shifted iPhone shipments from its India-based Foxconn production entirely to the US.
Dollar Continues Plunge Against World's Currencies
A worsening outlook for US economic growth and loss of the perception of the US as a stable safe haven takes a heavy toll on ...
China Affirms Deal With No Specifics About Rare Earth Licenses
China's statement offers the usual bromides with no specifics about how many rare-earth licenses will be approved in the coming week.
China, EU Eye Closer Cooperation to Counter Trump Tariffs
The EU has provided a growing market for China's exports as shipments to US suffer sharp declines while China has offered to speed up export ...
Huawei's Advanced AI Chip Capacity Assessed at Only 200,000/Year
The US export controls seek to keep Huawei from achieving the capacity to produce enough advanced AI chips to meet fully China's demand.
Trump Tax Cuts Jeopardize Domestic Rare-Earth Projects
As manufacturers are being forced to idle plants due to shortages of rare-earth imports, but US companies seeking to develop capacity to meet demand may ...
May EV Sales Surged in China and EU, Rose Modestly in US
As carbuyers in the US struggled with tariff and incentive uncertainty, those in China and the EU set new EV sales records.
Nvidia to Build First AI Platform with Robotics in Germany
Jensen Huang expects to increase AI computing capacity in Europe tenfold as he announces plans to build a cloud platform that combines AI with robotics ...
Analysts Discount US-China Deal, See Work in Progress
Observers remain skeptical of Trump's glowing account of London talks outcome, and expect less favorable picture and additional problems to emerge over time.
London Talks Disappoint, Exchanging Rare Earths for Access to US Colleges
Untenable and punitive 55% tariffs would remain on Chinese imports while the US would get access to some rare earths, if Trump's account is accurate, ...
China Decries Sale of New Cars as Used Cars at Steep Discount
The hyper-competitive environment in China's auto industry is creating an untenable situation for carmakers and being called out by state-controlled media.
Trump Hampers London Talks with Strategic Miscalculation, Desperation
The miscalculation behind Trump's insistence on using tariffs as a way to impoverish and isolate China is compounded by a weak negotiating posture.
Hyundai Group to Close $6 Bil. Tank Deal with Poland
Hyundai's defense arm Rotem will provide K2 tanks as well as technical assistance for Poland to build its own tanks.
Huawei CEO Says Chips Lag Nvidia's but Touts Workarounds
US import controls overestimate Huawei chips but cluster computing and software solutions deliver AI capability comparable to Nvidia's, says CEO Ren Zhengfei
Apple Opens Up Tech to Secure Open Source Boost in AI Race
Apple seeks to remedy the developmental progress it lost due to earlier efforts to keep its technology proprietary.
Major Carmakers in Full Panic Over Rare Earths Bottleneck
Rare-earth magnets are essential to the assembly of all cars, EV or gasoline-powered, and plants are being idled by dwindling supplies.
Alexandr Wang's Scale AI Eyed by Meta for $10 Bil. Stake
The fast-growing data-labeling firm founded in 2019 is becoming an important part of the AI landscape for several tech giants.
Xi Refines Rare-Earth Policy to Counter Trump's Tariff Maniputation
Xi is now only granting temporary licenses to export rare earths to the US, suggesting an intention to string the US along the way the ...
US, China Desperate for Big Breakthrough in Monday's London Talks
Looming business slumps for both nations pressure Trump and Xi to achieve a breakthrough that lets each save face.
US Suspends Nuclear Power Plant Parts Shipments to China
The timing of the move to suspend licenses to ship nuclear power-related parts is likely retaliation for China's foot-dragging on rare-earth licenses.
India Auto Production, Sales Hit by China's Rare-Earth Restrictions
China is using its rare-earth dominance to inflict pain on trading partners with whom Beijing is engaging in conflicts, both economic or military.
Vietnam's US Trade Surplus Surges, Adding to Trump Tariff Chaos
Vietnam has become a trans-shipment point for Chinese-made goods as major American brands seek to reduce reliance on China-based production.
Japan's iSpace Soft Lunar Landing Attempt Fails Again
The iSpace Resilience lunar lander couldn't decelerate in time to avoid repeating the crash of the 2023 attempt.
Asian Americans Outperform on Forbes’ “America’s Richest Self-Made Women”
Forbes latest rankings highlight the AAPI community’s outsized contributions both financially and socially
China Seeks to Cool Auto Sector's Hyper-Competitive Tactics
The Chinese government is concerned that anti-competitive practices may lead to distortions in the development of its fast-growing auto industry.
K-Beauty Startups See Strong US Demand Overcoming Tariffs
Korean beauty brands expand aggressively into US brick-and-mortar outlets even as Trump tariffs reduce their gross margins.
Plastics that Dissolve in Seawater Developed by Japanese Researchers
The problem of plastic pollution in the world's oceans may benefit from a materials science breakthrough that would ensure plastic waste doesn't linger for decades.
Trump Tariffs Cause Drop in US Economic Output Says CBO
The bi-partisan Congressional Budget Office offers a negative assessment of the impact of Trump's tariffs, while seeing it adding to budget deficits.
Trump’s Tariffs Put the Hurt on Tiger Balm
President Trump's tariffs on Chinese goods, which include Tiger Balm, have increased the cost of importing the product into the US.
US Auto Plants Shut Down on Reduced China Rare-Earth Shipments
Carmakers with US-based auto plants are suffering severe shortages of rare-earths needed for key components after China uses its rare-earth dominance as leverage in tariff ...
China Puts on Rare Metals Squeeze Ahead of Xi Call with Trump
China provokes auto industry fears about production stoppages due to dwindling rare-earth supplies ahead of possibly crucial talks between Xi and Trump later this week.
Musk Blasts Pork, Fat in Trump's Big Tax and Budget Bill
Trump Buddy Elon Musk expresses disgust with the level of pork in Trump's "Big Beautiful Bill", says it will increase budget deficit by $2.5 billion.
S. Koreans Elect Liberal Leader in Rebuke to Predecessor's Martial Law Antics
Liberal Lee Jae-myung wins South Korean presidency in overwhelming reaction against his conservative's strongman antics in what is likely to be seen as a key ...
AI Coding Startups Spawn Gold Rush, Destroy Jobs
Startups provide AI coding as a practical alternatives to human developers, creating a new boom while causing tech giants to lay off thousands of workers.
Chinese Offshore Wealth Surge Fattens Wu Tianahua's Tiger Brokers
Tiger Brokers' online business surges thanks to an explosion of Chinese private offshore wealth and Beijing's requirement that offshore investments flow through Hong Kong trading ...
China Escalates Trade Tiff with Tough Retort to Trump Accusation
Trump's accusation that China is violating the Geneva tariff deal by dragging feet on rare-earth exports prompts accusations and threats from China's Trade Minister.
End of US Exceptionalism Lowers Dollar into Funding Currency
Investors are exploiting the dollar's weakness to use it for "carry" trades into currencies with prospects for better yields.
Jason Zhang's Applied Digital Signs $15 Bil. AI Deal with Nvidia-Backed Coreweave
The deal gives Applied Digital access to CoreWeave's Nvidia GPU-stocked AI cloud capabilities essential for its transition into a data center real estate investment trust.
TSMC Still Struggling to Fill AI Chip Orders Despite US Tariffs
Still backed up on filling demand for AI chips, TSMC has seen no impact from Trump tariffs on US imports.
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