US-China Chip

Dollar Strengthens as Trump Considers New Tariffs on China

The U.S. dollar surged against major global currencies after President Donald Trump reiterated his consideration of imposing a 10% tariff on Chinese imports. This announcement triggered a decline in the offshore yuan and led to broader market reactions, particularly in...
US President Donald Trump -TikTok logo

Donald Trump Supports Potential TikTok Acquisition by Elon Musk or Larry Ellison

President Donald Trump expressed his support for tech moguls Elon Musk and Larry Ellison potentially acquiring TikTok, the popular social media platform currently owned by Chinese company ByteDance. Speaking at a press conference in Washington D.C., Trump outlined a possible...
oil terminal Kozmino near Nakhodka

Oil Prices Steady as Trump Declares National Energy Emergency Amidst Policy Uncertainty

In early Wednesday trading, oil prices showed little fluctuation as markets absorbed the implications of U.S. President Donald Trump's declaration of a national energy emergency on his first day in office. Brent crude futures saw a marginal decrease of 3...
gold producer

Zijin Mining Group Expands into Lithium with $1.9 Billion Stake in Zangge Mining

Zijin Mining Group Co., a prominent Chinese copper and gold producer, has taken a significant step in its diversification strategy by acquiring a 24.8% stake in Zangge Mining Co. for 13.7 billion yuan ($1.9 billion). This move, announced in a...
US dollar

Dollar Slips Amid Uncertainty Over Tariff Plans as Financial Markets Remain Anxious

The U.S. dollar experienced a slight decline on Wednesday amid uncertain trading conditions, driven largely by the lack of concrete details surrounding President Donald Trump's potential tariff plans. As global markets grappled with the ambiguity, the dollar's movements reflected the...
Asian Chip

Asian Stocks Gain Amid AI Investment Push, Tariff Concerns Loom

Asian stocks made notable gains as President Donald Trump’s initiative to bolster investment in artificial intelligence (AI) uplifted the region's technology firms. This development, while bringing optimism, also raised concerns about the ongoing tariff tensions between the U.S. and China....
Japan

Bank of Japan Poised for Major Rate Hike Amid Global Market Calm

Bank of Japan (BOJ) Governor Kazuo Ueda is expected to announce a significant interest rate hike on Friday, marking the highest level since 2008. This decision comes as global financial markets exhibit stability in response to the return of U.S....
FILE: A woman in kimono, walks past a shop in a shopping district in Tokyo · Reuters

Japan’s Retailers Face Pressure as Wage Hikes Continue Amid Shrinking Workforce and Inflation

In Japan’s traditionally conservative retail sector, employers are offering substantial pay increases for a second consecutive year. This trend, driven by a combination of economic pressures and demographic challenges, is reshaping the labor landscape, with profound implications for businesses, workers,...
Tata Technologies

Tata Technologies Exceeds Q3 Profit Expectations Amid Growing Demand in Services and Technology Segments

Tata Technologies, a global leader in engineering and technology services, posted a stronger-than-expected profit for the third quarter of the fiscal year, driven by steady growth in its services and technology segments. The company, which primarily serves the automotive, aerospace,...
US President Donald Trump -TikTok logo

President Trump Pauses TikTok Ban in One of His First Acts in Office

In a surprising move that marked a sharp departure from the previous administration's stance, newly inaugurated President Donald Trump issued an executive order delaying the enforcement of a controversial law that would effectively ban the popular social media app TikTok...
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