US-China

Trade War Threats Resurface Amid U.S.-China Tensions Over Tariffs and Fentanyl Crisis

As U.S. President-elect Donald Trump escalates his rhetoric against China, threatening to impose an additional 10% tariff on all Chinese imports, the Chinese Embassy in Washington has pushed back, warning that neither nation would emerge victorious from a trade war....
Walmart

Walmart Rolls Back DEI Policies Amid Conservative Activist Pressure

Walmart, the world's largest retailer, has announced significant shifts in its diversity, equity, and inclusion (DEI) policies, following increasing pressure from conservative activists. The retailer confirmed on Monday that it would be making adjustments to its practices, ranging from product...
Hong Kong

Hong Kong’s Financial Reputation Under Fire: U.S. Lawmakers Link City to Global Financial Crimes Amid Beijing’s Tightening Grip

In a sharp rebuke of Hong Kong's role in global finance under Beijing's influence, U.S. lawmakers have expressed alarm at the city’s growing association with international financial crimes. Once heralded as a global financial hub with a foundation of free-market...
Qualcomm Inc.

Qualcomm Shelves Interest in Intel Takeover Amid Mounting Challenges

Qualcomm Inc.’s interest in acquiring Intel Corp. has significantly cooled, according to sources familiar with the matter, halting what could have been one of the largest and most consequential deals in the technology sector. The decision reflects the immense complexities...
American Airlines (AAL)

American Airlines Introduces Boarding Technology to Curb Line-Cutting at Airports

American Airlines (AAL) has introduced new technology designed to prevent passengers from boarding planes out of turn. The innovative system emits an audible alert when a boarding pass is scanned ahead of its designated group, instructing the passenger to step...
Bitcoin-Dollar

Dollar Nears 13-Month High as Investors Eye Fed Policy; Bitcoin Flirts with $100,000 Milestone

The U.S. dollar remained close to a 13-month high on Friday, reflecting growing investor speculation about the Federal Reserve’s interest rate policy and ongoing uncertainty in Europe, which weighed on the euro. Meanwhile, bitcoin continued its ascent toward the psychologically...
Singapore

Singapore Ups Growth Forecast Amid Robust Recovery, but Warns of 2025 Risks Under Trump’s Tariffs

Singapore has revised its economic growth forecast for 2024 upward, citing a stronger-than-expected recovery, but officials have urged caution as global risks loom for the following year. The Ministry of Trade and Industry (MTI) upgraded the city-state’s projected growth for...
Gautam Adani

U.S. Charges Billionaire Gautam Adani in Massive Solar Energy Bribery Scandal

Indian billionaire Gautam Adani, one of the world's wealthiest individuals, finds himself at the center of a sprawling corruption scandal. U.S. federal authorities have unsealed criminal and civil charges against Adani and several associates, accusing them of orchestrating a multi-million-dollar...
Asia Stock Markets

Asian Equities Surge as Global Markets Shake Off Nvidia Concerns

Asian equities rallied on Friday, following Wall Street's overnight gains, as investors brushed aside initial concerns over Nvidia Corp.’s revenue outlook. Optimism in the markets persisted despite geopolitical tensions, mixed economic data, and ongoing uncertainties in the U.S. Treasury leadership...
New World Development (NWD) , Hong Kong

Hong Kong developer New World Prioritizes Debt Reduction Amidst Market Challenges

Hong Kong’s New World Development (NWD) has shifted its focus to reducing its substantial debt load, opting to hold off on mergers, acquisitions, and other activities that might strain its cash flow, Chairman Henry Cheng stated during a recent shareholders'...
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