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Business

First Yen-Pegged Stablecoin Launched

A yen-pegged stablecoin issued by startup JPYC may help loosen ...

Quadrupling of Argentina Beef Imports Angers US Ranchers

Trump's efforts to lower beef prices and prop up the ...

China Pledges Significant Rise in Consumption

The next five year plan for China's central government envisions ...

P&G Beats on Strong Demand for Beauty, Haircare

The world's top maker of home and personal care products ...

Cooling Consumer Inflation Paves Way for Rate Cut

The CPI increased 0.3% in September after a 0.4% rise ...

P&G Finds Winning Strategy Amid Consumer Divergence

P&G beats estimates by navigating a bifurcated economy in which ...

Consumer Divide Widens Due to Tariffs

The gulf between affluent and low-income consumers continues widening under ...

S. Korea Posts Modest Q3 GDP Gain

Strong chip demand and reviving consumer sentiment helped produce a ...

Jobless Claims Continue Rising, Layoffs Stay Low

Despite lack of Labor Department data those available from most ...

Anthropic Spends Tens of Billions on Google AI Chips

Anthropic's high growth rate for enterprise AI services justify spending ...

Tesla Bets New Models Don't Matter

The paucity of new models since the 2017 launch of ...

Volvo Cars Q3 Profits Quadruple Forecasts

Despite tariffs and intense competition Volvo quadrupled profit forecasts with ...

China Retakes Top Spot Among Germany's Trading Partner

Trump tariffs cut German exports to the US by 7.4%, ...

Nexperia Resumes Supplying Chips to China Distributors

The China-based unit of automotive chipmaker Nexperia seeks to operate ...

Labubu Resale Prices Plunge on Sharp Supply Increase

Pop Mart increased production tenfold in 2025 to meet apparently ...

Uber Goes Green with EV Push

"Uber Green" service is unveiled along with a program to ...

US in Talks for Stakes in Quantum Computing Firms

IonQ, Rigetti Computing and D-Wave Quantum are among firms in ...

Tata Technologies to Hire More Locally in US

Trump's immigration restrictions and new $100,000 H-1B visa fees pressure ...

Volkswagen Warns Workers of Stoppages on Nexperia Chip Crisis

When the Dutch government seized control of Chinese-owned Dutch chipmaker ...

Airbus Opens 2nd China Assembly Plant

The Anglo-French firm will open its 10th global final assembly ...

Trade Pact to Lower India Tariffs to 15%

A pending trade pact will cut US tariffs on India ...

Low Yen, Asia Demand Drive First Japan Export Growth in ...

US tariff impact was more than offset by a weak ...

Takaichi Plan to Cheapen Yen Boosts Dollar

Japan's new prime ministers has signaled a willingness to let ...

GM Shares Surge on 2025 Profits Revision

The leading US carmaker raised its profit guidance on continuing ...

RTX Raises 2025 Forecast on Demand for Patriot Missiles

Despite a large hit from tariffs, the defense giant is ...

Northrop Boosts 2025 Profit Forecast

Despite a downward sales revision on supply-chain fallouts from Trump's ...

Carmakers Scramble Ahead of China's Rare Earth Deadline

The threat of new Chinese export controls beginning November 8 ...

China's Rare-Earth Squeeze Felt Around the World

A 6.1% drop in September shipment of rare earth magnets ...

Vietnam Budget Carrier Stops Flying China's COMAC C909

The decision appears to have been due not to operational ...

Tariffs Peaked in May, Now Declining

Major global companies estimate $35 billion in tariffs for Q3, ...

Apple Nears $4 Trillion on Surging iPhone 17 Sales

Apple appears likely to join Nvidia and Microsoft in the ...

Asian Stocks Rise on Hope Trade Tensions Easing

The prospect of fruitful US-China trade talks sends Asia stocks ...

Fed Rate Cut Expected Despite Data Vaccuum

A rate cut is expected on spotty Fed data showing ...

Vietnam Targets 10% GDP Growth in 2026

20% US tariffs hasn't suppressed Vietnam's strong export momentum from ...

China Bought No US Soybeans in September

For the first time in seven years China fulfilled its ...

S. Korea Shows Off Unmanned AI Weaponry

The nation's largest-ever arms fair Friday features weapons promising AI ...

Meta's AI Glasses Drive Ray-Ban Sales Surge

EssilorLuxottica's Q3 revenues for North America jumped 12.1% on surging ...

Homebuilder Mood at 6-Month High on Mortgage Rate Hopes

Hope that the weakening economy will trigger a Fed interest ...

Singles Day Extended to Weeks by Chinese Retailers

To entice consumer spending major Chinese retailers like Alibaba and ...

Chinese Dutch Chipmaker Nexperia Caught in US-China Trade War

BMW and other carmakers are being affected by US-imposed restrictions ...

Carmakers Warn of US Disruptions from Nexperia Chip Conflict

US and Netherlands interference with operations of the Chinese Dutch ...

Electric Aircraft Maker Beta Technologies Plans IPO

The Vermont-based maker of eVTOL and eCTOL aircraft and advanced ...

Apple Unveils More Powerful Devices at Same Prices

Updates of MacBook Pro. iPad Pro and Vision Pro with ...

Nvidia Consortium Buys $40 Billion Data Center

The Artificial Intelligence Infrastructure Partnership led by Nvidia and Black ...

India Exports to US Plunged in August

Up to 50% Trump tariffs on goods from India caused ...

Surge Biswas's Nabla Bio Inks Deal with Takeda Pharmaceutical

The Japanese pharmaceutical giant will provide capital for the US ...

Superintelligence Startup Lila Science Scores $1.3 Billion Valuation

Nvidia's prominence in a new funding round lends investor credibility ...

Deals Making Up an Epic AI Boom Listed

Nvidia, OpenAI, Meta and Oracle are the bright stars anchoring ...

TSMC Q3 Profits Soar on AI Boom

Asia's most valuable company is projected to announce a whopping ...

OpenAI Pursues Custom Chips with Broadcom Deal

As Nvidia struggles to meet demand for AI GPUs OpenAI ...