China Auto Sales Surged in June Amid Intense EV Competition
Even Tesla showed growth in June with its refreshed Model Y as China's carmakers resorted to extreme measures to stand out among a vast field ...
Business
8 Big Chinese Carmakers Expand Presence in Europe
China's ultra-competitive EV makers are building to capitalize on vast growth opportunities in Europe where EV adoption is at a much faster rate than other ...
Xi Seeks to Preserve China's Rust Belt Heavy Industries
Even as he pushes heavy investment in new hi-tech industries like AI and semiconductors, Chinese President emphasizes the importance of maintaining the heavy industries that ...
Zuckerberg Poached Long List of Top AI Talent for Meta
Mark Zuckerberg's crusade to elevate quickly Meta's AI capabilities to match those of top tech giants has resulted in a long list of Silicon Valley's ...
Leading American Apparel Brands Will Likely Pay These Tariffs
US brands like Ralph Lauren, Nike, Skechers and Michael Kors face varying tariff levels based on what they manufacture in Asian nations.
Apple's Top AI Exec Ruoming Pang Poached by Meta
An aggressive push to build up Meta's Superintelligence Lab has Mark Zuckerberg enticing AI researchers away from other top AI firms with promises of multi-million-dollar ...
BYD to Begin EV Assembly in Brazil
China's leading EV-maker expands manufacturing capacity with a new plant in its biggest overseas market.
Tesla Shares Slide on Musk's America Party Launch
Investors read Elon Musk's declaration of a third party as portending further distraction by Tesla's CEO.
Shipbuilding Cooperation, Cost of US Forces Loom Large in S. Korea Tariff Talks
Tariff talks with S. Korea are focused more on non-tariff issues like cooperation to help revitalize US shipbuilding and contributing more to support the large ...
Dollar Slides to Multi-Year Lows on Scarcity of Tariff Deals
As the world nears the Trump tariff deadline with few actual deals the investment community is bracing for the US economy to suffer declines in ...
Investors No Longer Take Tariff Deadline Seriously
The erratic, ever-changing nature of the administration's tariff policy has left the investment community skeptical of the significance of the July 9 "tariff deadline".
Anti-DEI Firm Azoria Postpones Tesla ETF After Musk Forms New Party
A firm with an anti-DEI fund was to list an exchange traded fund holding Tesla shares and options but it's MAGA head is scared off ...
China's First Legoland Sells Out in Shanghai Despite Heatwave
Despite a heatwave with 100°+ temperatures families from all over China flocked to the Shanghai Legoland Resort, filling local hotels.
TikTok Sale Talks Slated to Begin This Week
The US version of the popular short-video app is required to be sold to US owners by September 17 or be shut down.
GE Allowed to Resume Jet Engine Shipments to China
As part of a deal to get China to resume delivery of rare-earth magnets, the US has lifted restrictions on shipments of jet engines bound ...
Vietnam Trade Deal Baffles Retailers About Effective Tariff Rates
The 20% tariffs on imports from Vietnam and 40% tariffs imposed on transshipments complicates the actual rates that would apply as most goods from Vietnam ...
June Jobs Numbers Hide Underlying Weakness
Half of the jobs numbers owed to seasonal state government educational hiring, obscuring the weakest private-sector growth in eight months as economic headwinds rise.
US June Hiring Beat Expectations, Cut Jobless Rate
The unemployment rate fell to 4.1% as employers unexpectedly added more workers than projected by economists during a time of high uncertainty.
US Trade Deficit Widened in May Despite Tariffs
The trade deficit reduced first-quarter gross domestic product by 4.61% as US firms front-loaded imports ahead of possibly even higher tariffs.
Europe Fears Impact of US Law Legitimizing Dollar-Backed Stablecoins
The anticipated US regulatory framework for stablecoins has the potential to create substantial capital outflows away from the Euro to the dollar.
15 Chinese EV Brands Expected to Survive Next Five Years
Intense cutthroat price-competition among China's 129 EV makers are expected to produce consolidations and shakeout for a nearly 90% reduction in brands.
Japan Worker Shortage Forces Record Pay Hike
An aging population procreating far below replacement rate and little immigration, Japanese companies have no choice but to keep raising wages at the world's highest ...
Geoff Kim Opens India Cancer Hospital to Prove Out AI Drug Study Software
FDA experience reviewing clinical trials for cancer drugs helped Kim's Pi Health develop AI software to help pharmaceutical firms streamline the long, costly drug review ...
New Quantum Processing Modalities Break the Ice Barrier
The need for bulky and costly cryogenics is a major hurdle to practical quantum computing is being eliminated by innovative room-temperature quantum processing modalities.
Effective US Tariffs Over 8 Times Pre-Trump Rates
The shipping giant Maersk estimates that exporters to the US now pay effective tariffs averaging 21% of the value of a container load as Trump's ...
Tesla Quarterly Deliveries Fell More Than Expected
As Tesla tries to justify its high stock valuations by proving out its Robotaxi in Austin the onetime EV leader continues to lose sales around ...
Entrepreneurs Can't Sell US-Made Products to Americans
Trump tariffs pressured many American businesses to manufacture in the US only to find that consumer aren't willing to pay the resulting higher prices.
Poland to Buy $6.5 Billion Worth of Hyundai Tanks
Russian territorial ambitions on display in Ukraine have prompted Poland to buy 180 K2 tanks from S. Korea's Hyundai Rotem, giving the company a firm ...
US Lifts Block on Chip Software, Ethane for China Rare Earths
China's pledge to approve rare-earth export licenses for US buyers has prompted the US to resume shipments of chip design software and ethane used in ...
Innogen, Other Chinese Pharmas to Cause Weight-Loss Drug Price Plunge
The expiration in China of Novo Nordisk's semaglutide patent in early 2026 will allow Chinese companies to glut the market with GLP-1 weight-loss drugs.
US Manufacturing Weak for 4th Straight Month on Tariff Malaise
Uncertainty over tariffs and higher cost of inputs from China and other nations has kept US manufacturers in the doldrums since March.
EV Makers Paying Hefty Premium for Rare-Earth Magnets Not from China
Beijing's recent restriction of rare-earth exports forces EV makers to seek out non-China sources even at up to 30% premiums.
China May Give Up Developing Nation Status to Coax US Back to WTO
China considers giving up subsidies and Special and Differential Treatment (SDT) to entice US back into WTO.
Xiaomi YU7 Buyers Upset by Year-Long Wait for Delivery
The new EV SUV racked up 240,000 orders in the first 18 hours after release but actual production won't get caught up for upwards of ...
Alexandr Wang to Head Up Meta's Superintelligence Labs
The former CEO of Scale AI has been charged with giving Meta's social media platform capabilities for its new Superintelligence tab.
China Factory Activity Resumed Growth in June
Despite high US tariffs China's new factory orders and shipments returned to expansion in June after declining in May.
Google Buys Fusion Power from Commonwealth Fusion Systems
Fusion is the energy long game for power-hungry data centers, and Google is betting that Commonwealth Fusion System can deliver ahead of rivals.
Price of Chinese Goods Show First Hint of Tariff Impact
US tariffs on Chinese goods are beginning to appear in economic data but the impact is expected to surge as more goods are shipped under ...
China's High Bauxite Imports Show Aluminum Production Growth
Despite high US tariffs China continues to grow bauxite imports from Guinea to feed its fast growing aluminum production.
Rare Earth Flow Far from Normal As China Clings to Leverage
After two sets of talks initiated by the US to get rare earths flowing, the pace of China's license approvals appears tightly controlled to keep ...
Alex Lau's SuperWood Strong As Steel but Much Lighter
Liangbing Hu's discovery in a University of Maryland lab has inspired a startup that will begin scaling up production of SuperWood this summer.
US Billionaires Ready to Buy TikTok, Trump Claims
Trump claims to have found a group of wealthy people ready to buy the Chinese-owned TikTok video app's US business to prevent it from being ...
Jensen Huang, Nvidia Insiders Sell $1 Bil Worth of Shares
A 60% Nvidia share price surge since April to new records prompts some insiders to trim their stakes.
Canada Scraps Digital Service Tax to Resume US Tariff Talks
Canada appears to blink to bide time after Trump's abrupt withdrawl from talks Friday on Canada's announcement of a digital service tax.
Five Top Chinese OpenAI Talent Poached by Meta
After hiring three AI researchers from OpenAI's Zurich office, Mark Zuckerberg recruited four more Chinese OpenAI reserchers for his superintelligence push.
Global Luxury Brands Woo China Consumers with Experiences
Recent decline in China sales has spurred European luxury brands to offer new experiences to attract customers in a market seen as their growth engines.
Huge AI Energy Demand Prompts Trump Plan for New Power Plants
Trump plans to issue a slew of executive orders to facilitate construction of new power plants to feed the booming and power-hungry AI industry.
DeepSeek's R2 AI Model Could Create Too Much Demand for Nvidia Chips
A shortage of H20 Nvidia chips used by most AI companies due to US export restrictions could hamper adoption of DeepSeek's R2 AI Reasoning model ...
EU Hangs Tough on Trump Tariffs, Eyes Asia as Trade Ally
As Trump's July 7 tariff deadline approaches the EU remains resistant to his proposed 10% across the board tariffs.
Chinese Carmakers Push EVs in Africa in Face of US Tariffs
Import barriers imposed by the US and Europe prompt Chinese carmakers to use their cost advantage to dominate African markets, starting in South Africa.
China Auto Sales Surged in June Amid Intense EV Competition
Even Tesla showed growth in June with its refreshed Model Y as China's carmakers resorted to extreme measures to stand out among a vast field ...
8 Big Chinese Carmakers Expand Presence in Europe
China's ultra-competitive EV makers are building to capitalize on vast growth opportunities in Europe where EV adoption is at a much faster rate than other ...
Xi Seeks to Preserve China's Rust Belt Heavy Industries
Even as he pushes heavy investment in new hi-tech industries like AI and semiconductors, Chinese President emphasizes the importance of maintaining the heavy industries that ...
Zuckerberg Poached Long List of Top AI Talent for Meta
Mark Zuckerberg's crusade to elevate quickly Meta's AI capabilities to match those of top tech giants has resulted in a long list of Silicon Valley's ...
Leading American Apparel Brands Will Likely Pay These Tariffs
US brands like Ralph Lauren, Nike, Skechers and Michael Kors face varying tariff levels based on what they manufacture in Asian nations.
Apple's Top AI Exec Ruoming Pang Poached by Meta
An aggressive push to build up Meta's Superintelligence Lab has Mark Zuckerberg enticing AI researchers away from other top AI firms with promises of multi-million-dollar ...
BYD to Begin EV Assembly in Brazil
China's leading EV-maker expands manufacturing capacity with a new plant in its biggest overseas market.
Tesla Shares Slide on Musk's America Party Launch
Investors read Elon Musk's declaration of a third party as portending further distraction by Tesla's CEO.
Shipbuilding Cooperation, Cost of US Forces Loom Large in S. Korea Tariff Talks
Tariff talks with S. Korea are focused more on non-tariff issues like cooperation to help revitalize US shipbuilding and contributing more to support the large ...
Dollar Slides to Multi-Year Lows on Scarcity of Tariff Deals
As the world nears the Trump tariff deadline with few actual deals the investment community is bracing for the US economy to suffer declines in ...
Investors No Longer Take Tariff Deadline Seriously
The erratic, ever-changing nature of the administration's tariff policy has left the investment community skeptical of the significance of the July 9 "tariff deadline".
Anti-DEI Firm Azoria Postpones Tesla ETF After Musk Forms New Party
A firm with an anti-DEI fund was to list an exchange traded fund holding Tesla shares and options but it's MAGA head is scared off ...
China's First Legoland Sells Out in Shanghai Despite Heatwave
Despite a heatwave with 100°+ temperatures families from all over China flocked to the Shanghai Legoland Resort, filling local hotels.
TikTok Sale Talks Slated to Begin This Week
The US version of the popular short-video app is required to be sold to US owners by September 17 or be shut down.
GE Allowed to Resume Jet Engine Shipments to China
As part of a deal to get China to resume delivery of rare-earth magnets, the US has lifted restrictions on shipments of jet engines bound ...
Vietnam Trade Deal Baffles Retailers About Effective Tariff Rates
The 20% tariffs on imports from Vietnam and 40% tariffs imposed on transshipments complicates the actual rates that would apply as most goods from Vietnam ...
June Jobs Numbers Hide Underlying Weakness
Half of the jobs numbers owed to seasonal state government educational hiring, obscuring the weakest private-sector growth in eight months as economic headwinds rise.
US June Hiring Beat Expectations, Cut Jobless Rate
The unemployment rate fell to 4.1% as employers unexpectedly added more workers than projected by economists during a time of high uncertainty.
US Trade Deficit Widened in May Despite Tariffs
The trade deficit reduced first-quarter gross domestic product by 4.61% as US firms front-loaded imports ahead of possibly even higher tariffs.
Europe Fears Impact of US Law Legitimizing Dollar-Backed Stablecoins
The anticipated US regulatory framework for stablecoins has the potential to create substantial capital outflows away from the Euro to the dollar.
15 Chinese EV Brands Expected to Survive Next Five Years
Intense cutthroat price-competition among China's 129 EV makers are expected to produce consolidations and shakeout for a nearly 90% reduction in brands.
Japan Worker Shortage Forces Record Pay Hike
An aging population procreating far below replacement rate and little immigration, Japanese companies have no choice but to keep raising wages at the world's highest ...
Geoff Kim Opens India Cancer Hospital to Prove Out AI Drug Study Software
FDA experience reviewing clinical trials for cancer drugs helped Kim's Pi Health develop AI software to help pharmaceutical firms streamline the long, costly drug review ...
New Quantum Processing Modalities Break the Ice Barrier
The need for bulky and costly cryogenics is a major hurdle to practical quantum computing is being eliminated by innovative room-temperature quantum processing modalities.
Effective US Tariffs Over 8 Times Pre-Trump Rates
The shipping giant Maersk estimates that exporters to the US now pay effective tariffs averaging 21% of the value of a container load as Trump's ...
Tesla Quarterly Deliveries Fell More Than Expected
As Tesla tries to justify its high stock valuations by proving out its Robotaxi in Austin the onetime EV leader continues to lose sales around ...
Entrepreneurs Can't Sell US-Made Products to Americans
Trump tariffs pressured many American businesses to manufacture in the US only to find that consumer aren't willing to pay the resulting higher prices.
Poland to Buy $6.5 Billion Worth of Hyundai Tanks
Russian territorial ambitions on display in Ukraine have prompted Poland to buy 180 K2 tanks from S. Korea's Hyundai Rotem, giving the company a firm ...
US Lifts Block on Chip Software, Ethane for China Rare Earths
China's pledge to approve rare-earth export licenses for US buyers has prompted the US to resume shipments of chip design software and ethane used in ...
Innogen, Other Chinese Pharmas to Cause Weight-Loss Drug Price Plunge
The expiration in China of Novo Nordisk's semaglutide patent in early 2026 will allow Chinese companies to glut the market with GLP-1 weight-loss drugs.
US Manufacturing Weak for 4th Straight Month on Tariff Malaise
Uncertainty over tariffs and higher cost of inputs from China and other nations has kept US manufacturers in the doldrums since March.
EV Makers Paying Hefty Premium for Rare-Earth Magnets Not from China
Beijing's recent restriction of rare-earth exports forces EV makers to seek out non-China sources even at up to 30% premiums.
China May Give Up Developing Nation Status to Coax US Back to WTO
China considers giving up subsidies and Special and Differential Treatment (SDT) to entice US back into WTO.
Xiaomi YU7 Buyers Upset by Year-Long Wait for Delivery
The new EV SUV racked up 240,000 orders in the first 18 hours after release but actual production won't get caught up for upwards of ...
Alexandr Wang to Head Up Meta's Superintelligence Labs
The former CEO of Scale AI has been charged with giving Meta's social media platform capabilities for its new Superintelligence tab.
China Factory Activity Resumed Growth in June
Despite high US tariffs China's new factory orders and shipments returned to expansion in June after declining in May.
Google Buys Fusion Power from Commonwealth Fusion Systems
Fusion is the energy long game for power-hungry data centers, and Google is betting that Commonwealth Fusion System can deliver ahead of rivals.
Price of Chinese Goods Show First Hint of Tariff Impact
US tariffs on Chinese goods are beginning to appear in economic data but the impact is expected to surge as more goods are shipped under ...
China's High Bauxite Imports Show Aluminum Production Growth
Despite high US tariffs China continues to grow bauxite imports from Guinea to feed its fast growing aluminum production.
Rare Earth Flow Far from Normal As China Clings to Leverage
After two sets of talks initiated by the US to get rare earths flowing, the pace of China's license approvals appears tightly controlled to keep ...
Alex Lau's SuperWood Strong As Steel but Much Lighter
Liangbing Hu's discovery in a University of Maryland lab has inspired a startup that will begin scaling up production of SuperWood this summer.
US Billionaires Ready to Buy TikTok, Trump Claims
Trump claims to have found a group of wealthy people ready to buy the Chinese-owned TikTok video app's US business to prevent it from being ...
Jensen Huang, Nvidia Insiders Sell $1 Bil Worth of Shares
A 60% Nvidia share price surge since April to new records prompts some insiders to trim their stakes.
Canada Scraps Digital Service Tax to Resume US Tariff Talks
Canada appears to blink to bide time after Trump's abrupt withdrawl from talks Friday on Canada's announcement of a digital service tax.
Five Top Chinese OpenAI Talent Poached by Meta
After hiring three AI researchers from OpenAI's Zurich office, Mark Zuckerberg recruited four more Chinese OpenAI reserchers for his superintelligence push.
Global Luxury Brands Woo China Consumers with Experiences
Recent decline in China sales has spurred European luxury brands to offer new experiences to attract customers in a market seen as their growth engines.
Huge AI Energy Demand Prompts Trump Plan for New Power Plants
Trump plans to issue a slew of executive orders to facilitate construction of new power plants to feed the booming and power-hungry AI industry.
DeepSeek's R2 AI Model Could Create Too Much Demand for Nvidia Chips
A shortage of H20 Nvidia chips used by most AI companies due to US export restrictions could hamper adoption of DeepSeek's R2 AI Reasoning model ...
EU Hangs Tough on Trump Tariffs, Eyes Asia as Trade Ally
As Trump's July 7 tariff deadline approaches the EU remains resistant to his proposed 10% across the board tariffs.
Chinese Carmakers Push EVs in Africa in Face of US Tariffs
Import barriers imposed by the US and Europe prompt Chinese carmakers to use their cost advantage to dominate African markets, starting in South Africa.
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