China Buys More Russian Oil As India, Turkey Cut Back
China delivery of Russian oil rose from 1.1 million barrels per day in December to 1.5 million in January as EU banned fuels produced from ...
Business
US Consumer Sentiment Improves in January
The Consumer Sentiment Index improved to 56.4 from 52.9 in December despite continuing concerns about high prices and jobs.
Is Starlink's Airline WiFi Access Necessary?
Airline WiFi service is increasingly seen as essential among long-haul carriers, especially those serving US passengers.
China's Chery Buys S. Africa Plant from Locally Struggling Nissan
Facing stiff competition in South Africa from Toyota, Ford and Isuzu, Nissan plans to sell its Rosslyn pickup truck plant to one of China's top ...
China Gets Stiffed on Tens of Billions As US Grabs Tankers
Diverting Venezuela's crude oil tankers effectively terminates debt service on tens of billions of dollars loaned by China.
Deal Finalized for US Firm to Control TikTok's US Data
The deal allows TikTok to avoid shutdown by turning over its US data to a joint-venture controlled 80.1% by a US consortium and 19.9% by ...
S. Korean Shipbuilder Hopes to Create 200,000 Canadian Jobs
Shortlisted for a $12 billion deal to build a fleet of new submarines, Hanwha plans broad-based investments across Canadian industry through 2040.
Intel Struggles with High Chip Demand, Sending Shares Sliding
CEO Lip-Bu Tan's turnaround strategy produced a 40% share value jump but now faces backlash as new chip manufacturing processes are slow to improve yield ...
General Fusion to IPO with $1 Billion SPAC Deal
The Canadian developer of magnetized target fusion expects to debut on Nasdaq mid-2026 under the ticker GFUZ.
Airlines Face High Cost, Delays in Getting New Engines
Tariffs are among the reasons airlines are struggling with high costs and long delays in getting new engines installed on aging fleets as they await ...
Geely Eyes Global Top-5 Auto Spot by 2030
The Chinese parent of Volvo and Polestar, as well as domestic auto brands Geely and Zeekr, projects global sales of over 6.5 million units by ...
China's Rural Banks Struggle to Sell Foreclosed Properties at Steep Discount
A steep downturn in China's housing market has made buyers shun apartments even at a 30+% discount off original sale prices.
Hyundai Labor Union Sounds Alarm on Plan to Deploy Humanoid Robots
Hyundai Motor's unions warn of job losses expected to result from plans to deploy Atlas humanoid robots made by subsidiary Boston Dynamics on auto assembly ...
Consumer Electronics Hurt by AI Memory Demand
Surging prices of memory chips from SK Hynix, Samsung and Micron have forced consumer electronics brands to raise prices, hurting their sales prospects.
S. Korea Q4 GDP Slipped on Weak Construction Investment
The surprise contraction was at the steepest pace in three years after 1.3% growth in Q3 and was due to a 3.9% drop in construction.
Volvo Unveils EX60 SUV with 500+-Mile Range
The new long-range SUV with an all-new dash and driving system is expected to be available at US dealerships around June.
House GOP Pushes Bill to Control AI Chip Shipments to China
The bill signals an emerging power struggle against White House approval of Nvidia H200 AI GPU shipments to China.
Meta Celebrates New Pre-Release AI Model Delivered Internally
The new text model code-named Avocado is slated for a Q1 launch along with image and video model codenamed Mango to shore up Meta's place ...
China's UBTech to Supply Humanoid Robots for Airbus Manufacturing
The world's largest aircraft maker will expand the use of UBTech's Walker S2 industrial humanoid robot in future aerospace manufacturing activities.
OpenAI Promotes Global Use of AI for Everyday Life
As the original chatbot maker adds advertising to its revenue stream, it seeks to embed its AI models into virtually every area of society, including ...
Trump's Greenland Aggression Triggers Broad Selloff
In the biggest drop in three months US stocks lost over 2% in Tuesday trading as investors digested the business disruption likely to flow from ...
Prices Will Start to Reflect Tariffs Says Amazon Chief
Sellers can no longer keep absorbing all tariff costs and are now starting to pass some through to consumers, Amazon CEO Andy Jassy said at ...
China's Export Sales Teams Faces Tough Grind Opening New Markets
Salespeople for Chinese exporters work long hours under difficult conditions in new markets for less profits to make up for US sales lost to Trump ...
Dollar, Stocks Fall on Trump's Greenland Coercion Tariffs
Investors are spooked by Trump threats to ratchet up tariffs on European nations unless they support his bid to acquire Greenland.
China Rare-Earth Exports to US, Japan Fell in December
Japan's imports of Chinese rare-earths fell 8% in December while US imports fell 3%.
S. Korea Hardly Grew in Q4 on Weak Domestic Demand
Despite a strong export surge in the face of US tariffs, S. Korea grew just 0.1% in Q4 due to weak construction investment and consumer ...
Gen-Z Workers Most Worried About AI, Boomers Least
Four in five workers fear AI will impact their jobs, according to Randstad, one of the world's largest recruitment agencies.
CEO Confidence in Revenue Growth Lowest in 5 Years
Only 3 in 10 CEOs expressed confidence in their firm's growth prospects in 2026, according to an annual PwC survey of 4,000 CEOs.
OpenAI Trebled Capacity, Hit $20 Billion in Revenues
The maker of the original chatbot expects to add advertising and a hardware device to its business model in 2026.
China's Record Power Use Met by More Renewables, Less Coal
China used more energy in 2025 than the EU, Russia, India and Japan combined but managed to cut coal burning by 1% thanks to growth ...
AI Boom Rescues Global Growth from Tariff Disruptions
By adapting to Trump tariff disruptions by rerouting trade the world will maintain 3.2% growth in 2026 with the help of booming AI investments which ...
Tesla Poised to Profit from Canada's Tariff-Free China EV Deal
With a Canadian distribution network in place and Shanghai production of a Model Y for Canada, Tesla is among the first EV exporters from China ...
China Steel Output Hit 7-Year Low on Property Market Slump
Not even record steel exports were enough to keep China's raw steel output from falling below 1 billion metric tons in 2025 for the lowest ...
China Hit 2025 Growth Target, Faces Major 2026 Hurdle
A Q4 export surge brings 2025 growth to 4.9% but weak consumer confidence and manufacturing overcapacity create a major structural imbalance that must be corrected ...
US Manufacturing Fell in Q4 Despite Slight December Growth
A 0.2% rise in December factory output wasn't enough to prevent a 0.7% drop for the quarter attributable to slumping auto output and worker shortage.
Porsche Suffers Biggest Sales Drop in 16 Years on Weak China Demand
Porsche sales fell 10% from 2024 levels to 279,449 in 2025 due to a 26% drop in China amid stiff competition.
China Stops Buying Russian Electricity, Prompting Talks
Heavy demand in the Russian Far East caused higher prices and severe drops in transmission to China from record 4.5 billion kWhs in 2022 to ...
China-Canada Trade Deal Slashes Tariffs on EVs, Canola
By visiting China to conclude a trade deal Canadian Prime Minister Mark Carney bolstered a trade relationship necessary to offset weaker economic ties with the ...
US-Taiwan Strike Trade Deal with Focus on TSMC Chip Plants in US
The deal lowers tariffs from 20% to 15% in exchange for TSMC commitment to invest $250 billion in chip fabrication plants in the US.
Hyundai Taps Former Tesla Robotics Head As Advisor to Boston Dynamics
Hyundai's ambition to be a leader in integrating AI with robotics for its Atlas humanoid robot is also evident in hiring of former Tesla and ...
TSMC's Arizona Plants Make Cutting-Edge Chips for Apple, Nvidia
Here's a list of TSMC's investments in chip fabrication plants in the US at a cost of $165 billion detailed to date, with an additional ...
Mitsubishi to Pay $7.53 Billion for Shale Oil Assets in Louisiana, Texas
The deal would give the Japanese trading house ownership of shale production and pipeline assets of Aethon Energy Management.
Japan's TBS to Invest $150 Million in US Film Producer Legendary
The parent of Tokyo Broadcasting System is building a partnership with the US company to jointly develop video content based on Japanese manga and games.
China Birth Stimulus Budget in 4th Year of Population Decline
Beijing considers a $25.3 billion stimulus on the eve of data set to show a 4th year of declining births.
US Corporate Bond Issues to Jump to $2.46 Trillion on AI Scaling Demand
AI hyperscalers Amazon, Google, Meta, Microsoft and Oracle are expected to issue $140 billion in bonds in 2026, about five times their average between 2020 ...
Jobless Rate Decline a Statistical Blip Amid Weak Job Creation
A reduction of 9,000 jobless claims last week to 198,000 is thought a statistical glitch amid a job market beset by loss of both jobs ...
Farm Sector Distress Compounded by Trump Policies
Every policy pushed by Trump — from launching a trade war with China to taking away green-energy subsidies to deporting migrants — has exacerbated the ...
US Stocks Leadership Broadens Beyond Tech
Now that shares of tech giants have soared to record highs, investors are looking to industrials, healthcare and small-caps to diversify their portfolios.
China Power-Grid Investments Surge to Record $574 Billion
During the 2026-2030 period China's investment in its energy grid will jump 40% over the previous five years.
Wikipedia Monetizes Content with AI Training Deals
The non-profit online encyclopedia announced data licensing deals with tech giants Microsoft, Met and Amazon, as well as Perplexity and Mistral AI, in addition to ...
China Buys More Russian Oil As India, Turkey Cut Back
China delivery of Russian oil rose from 1.1 million barrels per day in December to 1.5 million in January as EU banned fuels produced from ...
US Consumer Sentiment Improves in January
The Consumer Sentiment Index improved to 56.4 from 52.9 in December despite continuing concerns about high prices and jobs.
Is Starlink's Airline WiFi Access Necessary?
Airline WiFi service is increasingly seen as essential among long-haul carriers, especially those serving US passengers.
China's Chery Buys S. Africa Plant from Locally Struggling Nissan
Facing stiff competition in South Africa from Toyota, Ford and Isuzu, Nissan plans to sell its Rosslyn pickup truck plant to one of China's top ...
China Gets Stiffed on Tens of Billions As US Grabs Tankers
Diverting Venezuela's crude oil tankers effectively terminates debt service on tens of billions of dollars loaned by China.
Deal Finalized for US Firm to Control TikTok's US Data
The deal allows TikTok to avoid shutdown by turning over its US data to a joint-venture controlled 80.1% by a US consortium and 19.9% by ...
S. Korean Shipbuilder Hopes to Create 200,000 Canadian Jobs
Shortlisted for a $12 billion deal to build a fleet of new submarines, Hanwha plans broad-based investments across Canadian industry through 2040.
Intel Struggles with High Chip Demand, Sending Shares Sliding
CEO Lip-Bu Tan's turnaround strategy produced a 40% share value jump but now faces backlash as new chip manufacturing processes are slow to improve yield ...
General Fusion to IPO with $1 Billion SPAC Deal
The Canadian developer of magnetized target fusion expects to debut on Nasdaq mid-2026 under the ticker GFUZ.
Airlines Face High Cost, Delays in Getting New Engines
Tariffs are among the reasons airlines are struggling with high costs and long delays in getting new engines installed on aging fleets as they await ...
Geely Eyes Global Top-5 Auto Spot by 2030
The Chinese parent of Volvo and Polestar, as well as domestic auto brands Geely and Zeekr, projects global sales of over 6.5 million units by ...
China's Rural Banks Struggle to Sell Foreclosed Properties at Steep Discount
A steep downturn in China's housing market has made buyers shun apartments even at a 30+% discount off original sale prices.
Hyundai Labor Union Sounds Alarm on Plan to Deploy Humanoid Robots
Hyundai Motor's unions warn of job losses expected to result from plans to deploy Atlas humanoid robots made by subsidiary Boston Dynamics on auto assembly ...
Consumer Electronics Hurt by AI Memory Demand
Surging prices of memory chips from SK Hynix, Samsung and Micron have forced consumer electronics brands to raise prices, hurting their sales prospects.
S. Korea Q4 GDP Slipped on Weak Construction Investment
The surprise contraction was at the steepest pace in three years after 1.3% growth in Q3 and was due to a 3.9% drop in construction.
Volvo Unveils EX60 SUV with 500+-Mile Range
The new long-range SUV with an all-new dash and driving system is expected to be available at US dealerships around June.
House GOP Pushes Bill to Control AI Chip Shipments to China
The bill signals an emerging power struggle against White House approval of Nvidia H200 AI GPU shipments to China.
Meta Celebrates New Pre-Release AI Model Delivered Internally
The new text model code-named Avocado is slated for a Q1 launch along with image and video model codenamed Mango to shore up Meta's place ...
China's UBTech to Supply Humanoid Robots for Airbus Manufacturing
The world's largest aircraft maker will expand the use of UBTech's Walker S2 industrial humanoid robot in future aerospace manufacturing activities.
OpenAI Promotes Global Use of AI for Everyday Life
As the original chatbot maker adds advertising to its revenue stream, it seeks to embed its AI models into virtually every area of society, including ...
Trump's Greenland Aggression Triggers Broad Selloff
In the biggest drop in three months US stocks lost over 2% in Tuesday trading as investors digested the business disruption likely to flow from ...
Prices Will Start to Reflect Tariffs Says Amazon Chief
Sellers can no longer keep absorbing all tariff costs and are now starting to pass some through to consumers, Amazon CEO Andy Jassy said at ...
China's Export Sales Teams Faces Tough Grind Opening New Markets
Salespeople for Chinese exporters work long hours under difficult conditions in new markets for less profits to make up for US sales lost to Trump ...
Dollar, Stocks Fall on Trump's Greenland Coercion Tariffs
Investors are spooked by Trump threats to ratchet up tariffs on European nations unless they support his bid to acquire Greenland.
China Rare-Earth Exports to US, Japan Fell in December
Japan's imports of Chinese rare-earths fell 8% in December while US imports fell 3%.
S. Korea Hardly Grew in Q4 on Weak Domestic Demand
Despite a strong export surge in the face of US tariffs, S. Korea grew just 0.1% in Q4 due to weak construction investment and consumer ...
Gen-Z Workers Most Worried About AI, Boomers Least
Four in five workers fear AI will impact their jobs, according to Randstad, one of the world's largest recruitment agencies.
CEO Confidence in Revenue Growth Lowest in 5 Years
Only 3 in 10 CEOs expressed confidence in their firm's growth prospects in 2026, according to an annual PwC survey of 4,000 CEOs.
OpenAI Trebled Capacity, Hit $20 Billion in Revenues
The maker of the original chatbot expects to add advertising and a hardware device to its business model in 2026.
China's Record Power Use Met by More Renewables, Less Coal
China used more energy in 2025 than the EU, Russia, India and Japan combined but managed to cut coal burning by 1% thanks to growth ...
AI Boom Rescues Global Growth from Tariff Disruptions
By adapting to Trump tariff disruptions by rerouting trade the world will maintain 3.2% growth in 2026 with the help of booming AI investments which ...
Tesla Poised to Profit from Canada's Tariff-Free China EV Deal
With a Canadian distribution network in place and Shanghai production of a Model Y for Canada, Tesla is among the first EV exporters from China ...
China Steel Output Hit 7-Year Low on Property Market Slump
Not even record steel exports were enough to keep China's raw steel output from falling below 1 billion metric tons in 2025 for the lowest ...
China Hit 2025 Growth Target, Faces Major 2026 Hurdle
A Q4 export surge brings 2025 growth to 4.9% but weak consumer confidence and manufacturing overcapacity create a major structural imbalance that must be corrected ...
US Manufacturing Fell in Q4 Despite Slight December Growth
A 0.2% rise in December factory output wasn't enough to prevent a 0.7% drop for the quarter attributable to slumping auto output and worker shortage.
Porsche Suffers Biggest Sales Drop in 16 Years on Weak China Demand
Porsche sales fell 10% from 2024 levels to 279,449 in 2025 due to a 26% drop in China amid stiff competition.
China Stops Buying Russian Electricity, Prompting Talks
Heavy demand in the Russian Far East caused higher prices and severe drops in transmission to China from record 4.5 billion kWhs in 2022 to ...
China-Canada Trade Deal Slashes Tariffs on EVs, Canola
By visiting China to conclude a trade deal Canadian Prime Minister Mark Carney bolstered a trade relationship necessary to offset weaker economic ties with the ...
US-Taiwan Strike Trade Deal with Focus on TSMC Chip Plants in US
The deal lowers tariffs from 20% to 15% in exchange for TSMC commitment to invest $250 billion in chip fabrication plants in the US.
Hyundai Taps Former Tesla Robotics Head As Advisor to Boston Dynamics
Hyundai's ambition to be a leader in integrating AI with robotics for its Atlas humanoid robot is also evident in hiring of former Tesla and ...
TSMC's Arizona Plants Make Cutting-Edge Chips for Apple, Nvidia
Here's a list of TSMC's investments in chip fabrication plants in the US at a cost of $165 billion detailed to date, with an additional ...
Mitsubishi to Pay $7.53 Billion for Shale Oil Assets in Louisiana, Texas
The deal would give the Japanese trading house ownership of shale production and pipeline assets of Aethon Energy Management.
Japan's TBS to Invest $150 Million in US Film Producer Legendary
The parent of Tokyo Broadcasting System is building a partnership with the US company to jointly develop video content based on Japanese manga and games.
China Birth Stimulus Budget in 4th Year of Population Decline
Beijing considers a $25.3 billion stimulus on the eve of data set to show a 4th year of declining births.
US Corporate Bond Issues to Jump to $2.46 Trillion on AI Scaling Demand
AI hyperscalers Amazon, Google, Meta, Microsoft and Oracle are expected to issue $140 billion in bonds in 2026, about five times their average between 2020 ...
Jobless Rate Decline a Statistical Blip Amid Weak Job Creation
A reduction of 9,000 jobless claims last week to 198,000 is thought a statistical glitch amid a job market beset by loss of both jobs ...
Farm Sector Distress Compounded by Trump Policies
Every policy pushed by Trump — from launching a trade war with China to taking away green-energy subsidies to deporting migrants — has exacerbated the ...
US Stocks Leadership Broadens Beyond Tech
Now that shares of tech giants have soared to record highs, investors are looking to industrials, healthcare and small-caps to diversify their portfolios.
China Power-Grid Investments Surge to Record $574 Billion
During the 2026-2030 period China's investment in its energy grid will jump 40% over the previous five years.
Wikipedia Monetizes Content with AI Training Deals
The non-profit online encyclopedia announced data licensing deals with tech giants Microsoft, Met and Amazon, as well as Perplexity and Mistral AI, in addition to ...
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