Tieups to Revive US Shipbuilding Was Key to S. Korean Trade Deal
$150 bil. worth of Investment by S. Korea's leading shipbuilders into rebuilding the US shipbuilding industry helped secure a tariff rate at the same level ...
Business
Microsoft Joins Nvidia in $4 Trillion Club
Success in integrating cutting-edge AI features into its software and cloud offerings has helped Microsoft's earnings growth.
June Inflation Surge Hints at Impact of Anticipated Tariffs
Prices for furnishing and durable goods jumped in June even though most of the impact of higher tariffs were yet to be passed on to ...
Porsche, Aston Martin Hike US Prices As Tariff Hopes Fade
Europe's luxury carmakers join US and Asian rivals in factoring tariffs into new price stickers.
Mercedes to Lower Prices, Pause Deliveries on Phaseout of EV Credits
Trump's phaseout of EV credits has cut sales prospects for Mercedes-Benz's growing lineup of EV models.
Helion Energy Builds Fusion Plant to Power Microsoft Data Centers
Construction began at Malaga, Washington for an ambitious target date of 2028 to begin delivering power to an existing grid near Microsoft data centers.
Battery Giant CATL Enjoys Profit Surge Amid Intense EV Competition
China's leading EV battery supplier has seen profits jump 34% even as its gross margin slides as competition intensifies with rivals BYD and LG Chem.
China's LandSpace Plans Shanghai IPO As SpaceX Rival
By pioneering the use of methane-liquid oxygen rockets in addition to progress on reusable rockets, LandSpace Technology aims to become the low-cost alternative to SpaceX.
Price Hikes from Tariffs Won't Be Felt Until August or Later
Consumer brands won't be able to continue keeping prices down by selling hoarded pre-tariff inventories and/or absorbing tariff costs.
Skild Unveils AI Model to Run on Most Robots
Backed by Amazon and SoftBank, the Asian Americans who comprise Skild AI are developing AI software that can run on both humanoid robots and assembly-line ...
Top China AI Firms Form Alliances to Counter US Export Bans
By bringing together Chinese developers of LLM models with chipmakers China's AI Alliance hopes to create synergies that offset the impact of being blocked from ...
IMF Raises Emerging Market Forecast on Upbeat China View
Improving outlook on China's growth makes IMF rairse 2025 growth rate for developing economies to 4.1%.
Hanwha to Expand Philly Shipyard As Part of S Korea's Trade Gambit
Investment in a major expansion of its newly acquired Philly Shipyards will make Hanwha Ocean a key to S. Korea's last-minute tariff negotiations.
Nvidia GPUs Made for China Was Key US Bargaining Chip in Trade Talks
High China demand for Nvidia's H20 GPU prompts Nvidia order to TSMC for 300,000 more.
Major On-Time Construction Projects Disrupted by ICE Deportation Raids
The US construction industry is suffering the ravages of worker no-shows due to Trump's senseless crusade to rid the US of essential migrant workers.
ICE Raids Scare Off Legal Migrants from Construction Projects
The construction industry is suffering from ICE raids that scare off not only the 1.4 million undocumented migrants working in construction but also many working ...
China Tops World in AI Large-Language Models
Zhipu releases its open-source model TLM-4.5, adding to China's total of nearly half of the 3,755 large-language models released globally.
Samsung to Make Tesla's Advanced AI Chips in Texas
Samsung's next-gen 2-nanometer chip plant in Texas will be used to make advanced AI chips for Tesla's self-driving feature in a deal valued at $16.5 ...
Top US Chip Design Software Maker Fined $140 Mil. for Selling to China
Chip-design software from Cadence Design was used by China's Defense Technology University to simulate nuclear explosions.
Jason Kim's Firefly Seeks $5.5 Billion IPO Valuation
As the first commercial firm to achieve a soft landing on the moon, Firefly is aiming to become a truly end-to-end space transport service.
Investors React to US-EU Tariff Deal with Relief but Disquiet
Even as the investment community gives a sight of relief at the certainty critical for business planning, it is deeply uneasy about the long-term implications ...
US, EU Reach Trade Deal for 15% Tariffs Across the Board
The deal ends crippling uncertain and satisfies Trump's idiosyncratic desire to use tariffs as a revenue source even though the burden falls on US consumers.
Japan's $550 Bil. Trade Deal Kicker Can Be Used for Taiwanese Chipmaker
Japan's trade negotiator clarifies that the $550 bil. inbound US investment committed by Japan can be used for 3rd-nation firms that may be crucial for ...
Huawei Unveils AI System Rivaling Nvidia's Most Advanced
The CloudMatrix 384 is a match for Nvidia's GB200NVL72 which uses its most advanced B200 chips.
Obesity Molecule from China's Sciwind May Be Licensed by US Drugmaker
Sciwind's injectable GLP-1 molecule called ecnoglutide achieved results comparable to Wegovy and Zepbound in Chinese testing.
Tesla Tops Chinese EVs in China Self-Driving Test
A test sponsored by the Chinese government and TikTok owner Bytedance shows Tesla's Model X and Model 3 beating out 35 Chinese EV models on ...
China's Unitree Slashes Price on New Humanoid Robot
China's leading robotics firm slashes the price of its latest model by 60% from last year's heavier model.
World's No. 3 Carmaker Sees Tariffs as Opening for More US Growth
Kia and Hyundai expect to gain US market share as rivals are forced to raise prices due to tariffs.
$1 Bil Worth of Nvidia AI GPUs Smuggled into China
Stringent US export controls couldn't keep China's black marketeers from smuggling in $1 billion worth of high-end B200 GPUs for building AI models and server ...
China's BYD to Assemble Cars in Pakistan
The world's leading EV maker expects to begin assembling EVs in Pakistan starting in the summer of 2026 to tap new regional growth opportunities.
Strong Earnings Growth in AI Sector, Struggle in Others
Companies serving the AI race are enjoying stellar earnings but those serving consumers see tariff uncertainty taking a toll.
Hyundai Q2 Earnings Take Hit from Tariffs, Sees More Pain in Q3
Hyundai joins GM, Stellantis and Tesla in reporting a profit downturn due to higher costs caused by tariffs.
China's "Instant Retail" Price War Raises Fears of Deflationary Spiral
Meal and merchandise delivery under an hour combined with "zero-yuan" price competition is seen as producing a destructive retail environment in which there are only ...
Repairs of Banned Nvidia GPUs Surge in China
Despite a longstanding ban on exports, China sees growing demand for companies that repair gray-market advanced Nvidia AI GPUs.
S. Korea Sees US Shipbuilding Renaissance As Bargaining Chip in Tariff Talks
US ambition to build up shipbuilding capacity would benefit from joint ventures with top Korean shipymakers like Hanwha Ocean and HD Hyundai.
Neuralink Plans 20,000 Surgical Implants per Year
Five clinics implanting three devices will drive $1 billion annual revenues by 2031 according to investor documents released by Elon Musk's Neuralink.
Tokenization Is the Next Big Thing in Finance — Or Not
Holding and trading fragments of underlying assets using blockchain-based tokens may revolutionize global finance, or it could prove to be its undoing by injecting unnecessary ...
US Big Three Carmakers Feel Handicapped by Japan Tariff Deal
American cars assembled in Mexico and Canada face higher tariffs than those imported from Japan.
Dollar Down 6.6% Since April, Slips on Japan Tariff Deal
Sliding of the dollar index suggests investors believe Trump's tariff machinations poise the US economy for weakness.
Alibaba's Open-Source AI Coder Said to Equal Anthropic, OpenAI
One of China's leading tech giants has released an open-source AI coding model said to outperform those of DeepSeek in agentic AI coding tasks.
Trade Deal Lowers Japan Auto Tariffs Below Mexico, Canada
The agreement would favor imports from Japan over those of US companies assembling vehicles in Mexico and Canada.
Trump Plans About Face on Some US AI Policies with Push for Exports
Policies that hurt aggressive AI exports are deprecated in a Trump plan to promote open source AI development and unbridled export of American AI technology.
GM Takes $1 Bil. Hit from Tariffs
Far from boosting US industry, Trump's tariffs are taking a heavy toll on the supply-chain efficiencies built up over decades by US manufacturers.
Stellantis Taps China's Leapmotor EVs to Spearhead Push into South Africa
South African demand for low-end EVs can be met profitably by a carmaker known for its sub-$18,000 all-electric SUV equipped with lidar technology.
Google Gemini, OpenAI Gold Medal in Math Olympiad, Advancing AI
The successful deployment of AI models to solve five out of six math problems at the International Mathematical Olympiad suggests a great leap forward in ...
Korea's Apple Farmers Fear Being Sacrificed in US Trade Talks
South Korea's famous apples are too pricey to compete against US imports if floodgates are opened in an effort to spare auto and electronic exports ...
$116 Bil. May Inflows into Euro Zone Debt Suggests Jitters About US
Trump's erratic threats of irrational tariffs and destructive migrant deportations have given foreign investors reason to be concerned for US economic stability.
China Still Keeps Antimony, Germanium Exports to a Strategic Trickle
US production of weapons and semiconductors are hampered by tight Chinese control over two strategic elements despite a trade deal that has freed up other ...
China Rare-Earth Magnet Exports Septuple in June
Pacts to loosen trade-war restrictions on both sides have allowed rare-earth magnet exports to surge toward normal levels from May lows.
Hua Fung Teh Says ONE Championship IPO in Works
A US exchange is being considered for an IPO for Group ONE Holdings, according to its co-founder and president.
Tieups to Revive US Shipbuilding Was Key to S. Korean Trade Deal
$150 bil. worth of Investment by S. Korea's leading shipbuilders into rebuilding the US shipbuilding industry helped secure a tariff rate at the same level ...
Microsoft Joins Nvidia in $4 Trillion Club
Success in integrating cutting-edge AI features into its software and cloud offerings has helped Microsoft's earnings growth.
June Inflation Surge Hints at Impact of Anticipated Tariffs
Prices for furnishing and durable goods jumped in June even though most of the impact of higher tariffs were yet to be passed on to ...
Porsche, Aston Martin Hike US Prices As Tariff Hopes Fade
Europe's luxury carmakers join US and Asian rivals in factoring tariffs into new price stickers.
Mercedes to Lower Prices, Pause Deliveries on Phaseout of EV Credits
Trump's phaseout of EV credits has cut sales prospects for Mercedes-Benz's growing lineup of EV models.
Helion Energy Builds Fusion Plant to Power Microsoft Data Centers
Construction began at Malaga, Washington for an ambitious target date of 2028 to begin delivering power to an existing grid near Microsoft data centers.
Battery Giant CATL Enjoys Profit Surge Amid Intense EV Competition
China's leading EV battery supplier has seen profits jump 34% even as its gross margin slides as competition intensifies with rivals BYD and LG Chem.
China's LandSpace Plans Shanghai IPO As SpaceX Rival
By pioneering the use of methane-liquid oxygen rockets in addition to progress on reusable rockets, LandSpace Technology aims to become the low-cost alternative to SpaceX.
Price Hikes from Tariffs Won't Be Felt Until August or Later
Consumer brands won't be able to continue keeping prices down by selling hoarded pre-tariff inventories and/or absorbing tariff costs.
Skild Unveils AI Model to Run on Most Robots
Backed by Amazon and SoftBank, the Asian Americans who comprise Skild AI are developing AI software that can run on both humanoid robots and assembly-line ...
Top China AI Firms Form Alliances to Counter US Export Bans
By bringing together Chinese developers of LLM models with chipmakers China's AI Alliance hopes to create synergies that offset the impact of being blocked from ...
IMF Raises Emerging Market Forecast on Upbeat China View
Improving outlook on China's growth makes IMF rairse 2025 growth rate for developing economies to 4.1%.
Hanwha to Expand Philly Shipyard As Part of S Korea's Trade Gambit
Investment in a major expansion of its newly acquired Philly Shipyards will make Hanwha Ocean a key to S. Korea's last-minute tariff negotiations.
Nvidia GPUs Made for China Was Key US Bargaining Chip in Trade Talks
High China demand for Nvidia's H20 GPU prompts Nvidia order to TSMC for 300,000 more.
Major On-Time Construction Projects Disrupted by ICE Deportation Raids
The US construction industry is suffering the ravages of worker no-shows due to Trump's senseless crusade to rid the US of essential migrant workers.
ICE Raids Scare Off Legal Migrants from Construction Projects
The construction industry is suffering from ICE raids that scare off not only the 1.4 million undocumented migrants working in construction but also many working ...
China Tops World in AI Large-Language Models
Zhipu releases its open-source model TLM-4.5, adding to China's total of nearly half of the 3,755 large-language models released globally.
Samsung to Make Tesla's Advanced AI Chips in Texas
Samsung's next-gen 2-nanometer chip plant in Texas will be used to make advanced AI chips for Tesla's self-driving feature in a deal valued at $16.5 ...
Top US Chip Design Software Maker Fined $140 Mil. for Selling to China
Chip-design software from Cadence Design was used by China's Defense Technology University to simulate nuclear explosions.
Jason Kim's Firefly Seeks $5.5 Billion IPO Valuation
As the first commercial firm to achieve a soft landing on the moon, Firefly is aiming to become a truly end-to-end space transport service.
Investors React to US-EU Tariff Deal with Relief but Disquiet
Even as the investment community gives a sight of relief at the certainty critical for business planning, it is deeply uneasy about the long-term implications ...
US, EU Reach Trade Deal for 15% Tariffs Across the Board
The deal ends crippling uncertain and satisfies Trump's idiosyncratic desire to use tariffs as a revenue source even though the burden falls on US consumers.
Japan's $550 Bil. Trade Deal Kicker Can Be Used for Taiwanese Chipmaker
Japan's trade negotiator clarifies that the $550 bil. inbound US investment committed by Japan can be used for 3rd-nation firms that may be crucial for ...
Huawei Unveils AI System Rivaling Nvidia's Most Advanced
The CloudMatrix 384 is a match for Nvidia's GB200NVL72 which uses its most advanced B200 chips.
Obesity Molecule from China's Sciwind May Be Licensed by US Drugmaker
Sciwind's injectable GLP-1 molecule called ecnoglutide achieved results comparable to Wegovy and Zepbound in Chinese testing.
Tesla Tops Chinese EVs in China Self-Driving Test
A test sponsored by the Chinese government and TikTok owner Bytedance shows Tesla's Model X and Model 3 beating out 35 Chinese EV models on ...
China's Unitree Slashes Price on New Humanoid Robot
China's leading robotics firm slashes the price of its latest model by 60% from last year's heavier model.
World's No. 3 Carmaker Sees Tariffs as Opening for More US Growth
Kia and Hyundai expect to gain US market share as rivals are forced to raise prices due to tariffs.
$1 Bil Worth of Nvidia AI GPUs Smuggled into China
Stringent US export controls couldn't keep China's black marketeers from smuggling in $1 billion worth of high-end B200 GPUs for building AI models and server ...
China's BYD to Assemble Cars in Pakistan
The world's leading EV maker expects to begin assembling EVs in Pakistan starting in the summer of 2026 to tap new regional growth opportunities.
Strong Earnings Growth in AI Sector, Struggle in Others
Companies serving the AI race are enjoying stellar earnings but those serving consumers see tariff uncertainty taking a toll.
Hyundai Q2 Earnings Take Hit from Tariffs, Sees More Pain in Q3
Hyundai joins GM, Stellantis and Tesla in reporting a profit downturn due to higher costs caused by tariffs.
China's "Instant Retail" Price War Raises Fears of Deflationary Spiral
Meal and merchandise delivery under an hour combined with "zero-yuan" price competition is seen as producing a destructive retail environment in which there are only ...
Repairs of Banned Nvidia GPUs Surge in China
Despite a longstanding ban on exports, China sees growing demand for companies that repair gray-market advanced Nvidia AI GPUs.
S. Korea Sees US Shipbuilding Renaissance As Bargaining Chip in Tariff Talks
US ambition to build up shipbuilding capacity would benefit from joint ventures with top Korean shipymakers like Hanwha Ocean and HD Hyundai.
Neuralink Plans 20,000 Surgical Implants per Year
Five clinics implanting three devices will drive $1 billion annual revenues by 2031 according to investor documents released by Elon Musk's Neuralink.
Tokenization Is the Next Big Thing in Finance — Or Not
Holding and trading fragments of underlying assets using blockchain-based tokens may revolutionize global finance, or it could prove to be its undoing by injecting unnecessary ...
US Big Three Carmakers Feel Handicapped by Japan Tariff Deal
American cars assembled in Mexico and Canada face higher tariffs than those imported from Japan.
Dollar Down 6.6% Since April, Slips on Japan Tariff Deal
Sliding of the dollar index suggests investors believe Trump's tariff machinations poise the US economy for weakness.
Alibaba's Open-Source AI Coder Said to Equal Anthropic, OpenAI
One of China's leading tech giants has released an open-source AI coding model said to outperform those of DeepSeek in agentic AI coding tasks.
Trade Deal Lowers Japan Auto Tariffs Below Mexico, Canada
The agreement would favor imports from Japan over those of US companies assembling vehicles in Mexico and Canada.
Trump Plans About Face on Some US AI Policies with Push for Exports
Policies that hurt aggressive AI exports are deprecated in a Trump plan to promote open source AI development and unbridled export of American AI technology.
GM Takes $1 Bil. Hit from Tariffs
Far from boosting US industry, Trump's tariffs are taking a heavy toll on the supply-chain efficiencies built up over decades by US manufacturers.
Stellantis Taps China's Leapmotor EVs to Spearhead Push into South Africa
South African demand for low-end EVs can be met profitably by a carmaker known for its sub-$18,000 all-electric SUV equipped with lidar technology.
Google Gemini, OpenAI Gold Medal in Math Olympiad, Advancing AI
The successful deployment of AI models to solve five out of six math problems at the International Mathematical Olympiad suggests a great leap forward in ...
Korea's Apple Farmers Fear Being Sacrificed in US Trade Talks
South Korea's famous apples are too pricey to compete against US imports if floodgates are opened in an effort to spare auto and electronic exports ...
$116 Bil. May Inflows into Euro Zone Debt Suggests Jitters About US
Trump's erratic threats of irrational tariffs and destructive migrant deportations have given foreign investors reason to be concerned for US economic stability.
China Still Keeps Antimony, Germanium Exports to a Strategic Trickle
US production of weapons and semiconductors are hampered by tight Chinese control over two strategic elements despite a trade deal that has freed up other ...
China Rare-Earth Magnet Exports Septuple in June
Pacts to loosen trade-war restrictions on both sides have allowed rare-earth magnet exports to surge toward normal levels from May lows.
Hua Fung Teh Says ONE Championship IPO in Works
A US exchange is being considered for an IPO for Group ONE Holdings, according to its co-founder and president.
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