BUSINESS: GOLDSEA

Subscribe for Free Updates

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Taiwan Raids Home of Executive in TSMC-Intel Dispute

Wei-Jen Lo is accused of leaking to Intel TSMC trade ...

Li-Ning and Anta Sports to Bid for Puma

The struggling German brand has become a takeover target for ...

Top Chinese Firms Train AI Overseas to Access Nvidia Chips

Alibaba and ByetDance are among major tech groups training large ...

Nvidia Issues Memo Rebutting Skeptical Analyst

Nvidia responds to an attack of its $4.5 trillion valuation ...

12 Satellites Orbited by S. Korea's 1st Commercial Rocket Launch

The government had transferred rocket technology to Hanwha Aerospace for ...

Weekly Jobless Claims Decline Despite Weak Job Creation

New claims for unemployment benefits fell to a 7-month low ...

AI's 8-Fold Traffic Increase Changes Online Retail Strategy

Online retailers have begun building websites designed to attract AI ...

Robin Hood Takes on Prediction Market with LedgerX Buy

The no-commission stock trading platform joined with Susquehanna to enter ...

TikTok Barred from Nvidia Chips by Chinese Regulators

TikTok parent Bytedance was the leading Chinese buyer of Nvidia ...

Didi Ride-Hailer Sees Strong Revenue Growth

China's leading ride-hailing platform reported an 8.6% jump in Q3 ...

European Carmakers Want Reprieve from 2035 ICE Ban

Facing slower-than-anticipated EV adoption and strong competition from Chinese EVs, ...

Tariff Flip-Flops Devastate Small Retailers During Holidays

Retailers who rely on goods from China have been hit ...

CATL Breaks Ground on Spain Battery Plant

China's leading battery maker joins with Stellantis to break ground ...

OpenAI Projects 220 Million Paying ChatGPT Users

The AI chatbot pioneer estimates that about 6 times as ...

HP to Cut 6,000 Jobs by 2028 in AI Embrace

HP will follow up February layoffs with additional job cuts ...

Federal Budget Deficit Jumped in October

Despite the long government shutdown and higher tariff revenues the ...

US Consumer Sentiment Caves in November

Fears over job loss and uncertainty over high prices caused ...

Alibaba Beats Q3 Forecast As 1-Hour Delivery Catches On

The Chinese e-commerce giant is besting rivals in the instant ...

Analog Devices Beats, Raises Outlook

As businesses loosen budgets after tariff shocks, industrial investments are ...

Kohl's Turnaround Takes Root, Shares Jump

The sales decline has been brought under control and profits ...

Eric Yuan's Zoom Raises Forecast on AI Tools for Hybrid ...

The video conferencing platform has been embedding AI capabilities into ...

Alphabet Closes on $4 Trillion Valuation on AI Traction

Google's parent has positioned itself to gain on AI adoption ...

Record Black Friday Crowds Will Find Fewer Bargains

Tariffs have taken away the margins needs for retailers to ...

Bolt Partners with Pony.ai to Build Europe's First Robotaxi Service

The Estonian ride-hailing company hopes to begin testing a driverless ...

Senate Calls for Probe of Scam Ads on Facebook, Instagram

Upwards of $16 billion of Meta's 2025 earnings come from ...

TikTok Divestiture Plan Questioned on Licensing of Algorithms

Democrat Ed Markey calls out Trump White House for failing ...

Yuan's Persistent Rise Backed by Quest for Global Stature

The yuan's 3% rise in 2025 appears likely to continue ...

India Q3 Growth Estimated at 7.3% Despite High US Tariff

India's GDP growth remained strong on vigorous rural and government ...

Shein Paris Store Opening Adds to Department Store Pain

Shein and other ultra-fast-fashion online retailers can copy new fashion ...

Bitcoin Mining Rebounds in China Despite 2021 Ban

After slumping to near zero, China's share of global bitcoin ...

Wingtech Appeals Dutch Decision to Take Control of Nexperia

The Chinese parent seeks to reverse the Dutch government's control ...

Biggest Soybean Sale to China Gives Hope to Struggling US ...

The biggest week of soybean sales to China in two ...

Coffee Prices Plunge on Brazil Tariff End

Brazil's 40% tariff was lifted on coffee as Trump seeks ...

Tech Stocks Set for $75 Billion Inflow in 2025

Despite the recent slide due to AI bubble fears, tech ...

Nvidia May Get Nod to Sell H200 AI Chips to ...

Signs of thaw in trade tensions with China may open ...

Google Fights to Keep Ad Business Intact

Trial is nearing an end in the Justice Department's antitrust ...

China Lithium Prices Fall as CATL Restarts Mine

Prices for the metal fell 9% as the Chinese government ...

Dollar Recovered Over a Third of Loss from Trump Tariffs

The US currency has recovered about 4% of the 11% ...

US Factories Slowed in November

Reduced demand due to higher prices from Trump tariffs was ...

Walmart Thrives on Online Demand for Bargain-Priced Essentials

Walmart's fall sales rose 4.5% to beat forecasts as low- ...

Luxury Sector to Grow in 2026 Despite Ire Over Price ...

Further evidencing the increasingly K-shaped economy, luxury goods makers foresee ...

Lucid Launches Cheaper Gravity SUV on Slowing EV Sales

Expiration of the EV tax credit and a need to ...

China's GAC to Have EVs for Europe Produced by Magna

China's Guangzhou Auto Group will join XPeng in having EV ...

New Jobless Claims Edge Down, Hiring Stays Weak

Last week's new unemployment claims fell 8,000 to 220,000 but ...

Epic AI Borrowing Boom Spooks Investors

A tidal wave of hundred-billion-dollar bets on new AI centers ...

Stocks Roller-Coaster on Nvidia Relief, Fading Rate Cut Hopes

Investors weigh tech sector relief on Nvidia's AI euphoria against ...

ASML Launches Engineering Academy in Phoenix

Anticipating demand for technicians needed to service its complex chipmaking ...

Waymo Expands Robotaxi Service to 3 More Cities

The nation's leading robotaxi service is expanding to Minneapolis, Tampa ...

Japan's Big Stimulus Package Accelerates Investor Flight

Sanae Takaichi's plan to borrow to send $150 billion worth ...

Cryptocurrencies Slammed by Flight from Risk

Bitcoin and Ether, along with other cryptocurrencies, slid to multi-month ...