BUSINESS: GOLDSEA

Subscribe for Free Updates

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

China EV Tech Changes Global Auto Design, Pricing

As China wins recognition as a global leader in EV ...

Amazon Developing AR Glasses to Rival Meta's

Augmented reality glasses featuring microphones, speakers, camera and full-color display ...

US Loses Billions of Dollars of Soybean Sales to China

Trump tariffs have caused US soybean farmers to lose tens ...

PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up

The global leader in photonic quantum computing hopes to accelerate ...

Microsoft Signs $19.4 Billion Deal with Nebius

Desperate for more capacity to deliver AI services Microsoft signed ...

Hongqi to Launch 15 Luxury EVs in Europe by 2028

The Chinese state-owned carmaker plans to open 200 dealership across ...

Europe's AI Prospects Improve with ASML Stake in France's Mistral

The $1.5 billion investment by the Dutch leader in cutting-edge ...

US Small Businesses Constrained by Lack of Quality Labor

Trump's deportation push has created an acute shortage of quality ...

Boeing Deliveries Surge Past 2024 Levels

Boeing deliveries of 385 jets by August 31 surpassed full-year ...

Market Impact of Massive Downgrade in Job Creation

A 911,000 downward revision of jobs created through March is ...

Apple Holds Down iPhone Air Prices

To avoid losing ground to strong competition from the Samsung ...

China Consumer Prices Decline Accelerates

Producer deflation eased in August even as consumer prices fell ...

How Can Tesla Hit $8.5 Trillion Valuation?

A fantastic amount of hope and hype over robotaxis and ...

Polestar 5 Debuts in Munich

The $140,000 EV sports car won't be sold in the ...

BYD Projects PHEV Sales to Dominate in Near Term

With production to begin in Hungary and Turkey, all BYD ...

European Carmakers Face Crisis with Models at Munich Show

Faced with tariffs, surging Chinese imports and shrinking China sales, ...

Tesla Share of US Market Lowest in 8 Years

Even as US EV sales shot up by 24% in ...

China's Exports to Russia Shrank Dramatically in August

In a sign of the pain being felt by Russian ...

China Export Growth Continued in August

Despite upwards of 55% US tariffs China's export machine logged ...

High-Fashion Brands to Pack Runways in Bid to End Slump

Brands like Chanel and Dior seek to reconnect with customer ...

Cause of Recent US Economic Slowdown

Four leading AI chatbots reveal their analyses of the factors ...

BMW Expects Margin Parity by 2026 with New China EV ...

With a 40 to 50% cost reduction in batteries for ...

Once Bright Star Among Chinese EV Makers Revived with State ...

WM Motor, once one of a handful of China's most ...

Job Growth Stalls on Trump Disruptions

Irrational levels of tariffs on imports essential to US businesses ...

Struggling Tesla Awards Musk $1 Trillion

A compensation package worth up to $1 trillion is proposed ...

Even 15% Tariffs Damage Japan's Small Carmakers

Subaru, Mitsubishi and Mazda will struggle to sell cars in ...

OpenAI to Make Own AI Chips with Broadcom

OpenAI is only one of several AI leaders seeking to ...

Jobless Claims Rise More Than Expected

Uncertainty created by Trump tariffs and deportation drive is blamed ...

July Trade Deficit Soared on Rush to Beat Tariffs

Uncertainty as to just how high Trump intended to raise ...

Russian Exporters Suffer Continuing Chinese Payment Delays

Assurances from China to Russian officials have failed to speed ...

India Seeks Alternative Markets for Cheap Generics

Uncertainty over US tariffs and a deteriorating relationship between the ...

Avride to Enter Robotaxi Scene with Uber Dallas

Avride joins several other autonomous driving startups in the robotaxi ...

China Nvidia GPU Demand Hot Despite Beijing Suppression

Despite US controls and Beijing's quest for AI independence, Nvidia ...

Korean Carmakers Hit with Lower Tariffs on Japanese Cars

Japan's pledge to invest $550 billion in the US won ...

Jury Finds Google Liable for Using Personal Data

A federal jury found Google liable for $425 million in ...

Novartis Signs $5.2 Billion Deal for Argo RNAi Heart Drugs

The Chinese biopharmaceutical firm develops therapeutics using RNA interference (RNAi) ...

Dollar Tree Gets Richer Shoppers but Squeezed by Tariffs

The discount retail chain sees growth among more affluent consumers ...

New Mexico to Develop Quantum Computing Center

As quantum computing developments accelerate New Mexico will invest $315 ...

Tesla Enjoys Jump in China August Sales

Interest in the new Model Y L 3-row SUV and ...

China Churns Out Generic Semiglutides

A crackdown on compounding pharmacies and expiration of patents in ...

AI Lets Drug Developers Reduce Animal Testing

AI applications speed up drug development as FDA seeks to ...

Google Ordered to Share Search Data

Google dodged a bullet in not being ordered to divest ...

US Holiday Spending Set for Steepest Drop Since Covid

A PwC poll of 4,000 US consumers reveals that holiday ...

Tesla's Europe Sales Collapse Continues

With the exception of Norway and Spain, Tesla's Europe sales ...

2nd August PMI Read for China Suggests Growth Amid Asia ...

An earlier official China PMI survey suggesting a 5th month ...

China Manufacturing Sentiment Negative for 5th Straight Month

A 49.4 purchasing manager's index (PMI) for August suggests Chinese ...

Rolls-Royce Enters Race to Build Small Modular Reactors

The UK pledged $3.4 billion to back Rolls-Royce's bid to ...

Alibaba Develops New AI Inference Chip

As China pushes to cut its dependence on Nvidia AI ...

US Disrupts Consumer Orders by Ending De Minimis Exemption

Friday's end to the de minimis exemption that allowed duty-free ...

N. Korea Economy Grows Fastest in 8 Years

Providing weapons and troops to the Russian war effort has ...