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Markets

Markets look ahead: US CPI and China's GDP in the Spotlight

This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic Product (GDP) growth figures for the final quarter will be a critical gauge for its economic trajectory.

Tech News

US Supreme Court to hear arguments on TikTok ban law

TikTok's fate arrives at the US Supreme Court in a case that represents a collision of free speech and national security.

Markets

Copper price nears one-month high on optimism over China's economy

The copper price has been on the rise in 2025, reaching a three-week high amid robust demand in China, given Beijing's ongoing stimulus measures. However, Trump's tariffs are expected to cap the uptrend later in the year.

Economy

China's super-rich eye the exit as leaders brace for economic shock

China’s leaders are bracing for shocks to the economy from higher tariffs threatened by US President-elect Donald Trump once he takes office. Millionaires, meanwhile, are relocating.

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Economy

China's manufacturing activity slows in December as trade risks grow

The Purchasing Managers' Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said on Tuesday.

Tech News

US Supreme Court to hear TikTok's case against law that would ban it

The law, which was passed in April, aims to force ByteDance, the Chinese-owned parent company of TikTok, to sell the platform or face a ban.

Economy

China prepared to double down on support for economy as tariffs loom

China signals it's prepared to double down on support for the economy as Trump tariffs loom.

Taiwan

Taiwan demands China end recent military activity in nearby waters

The drills come after Taiwan's president, Lai Ching-te, visited Hawaii and Guam despite China insisting he is banned from overseas trips.

Business

Nvidia faces China probe amid retaliation for US trade curbs

Nvidia shares slid amid an escalation in the tech trade war as China launched a probe into the company on suspicion of breaching the anti-monopoly law.

Tech News

What's next for TikTok after appeals court upholds US ban law?

US lawmakers passed a law this year requiring TikTok's parent company to sell the short form video platform or face a ban.

Tech News

US strengthens export controls for Chinese semiconductor companies

The rules include new controls on semiconductor manufacturing equipment and software tools, the US commerce department said.

China

China releases three US citizens in rare prisoner swap

The three US nationals were swapped for four people, including three Chinese citizens who were returned to China.

Business

Trump's tariff hikes could speed up China's shift to new markets

The US has for years been a major destination for Chinese goods, but exporters are reducing their reliance on the world’s largest consumer market as Beijing and Washington feud over trade.

USA

Trump threatens sweeping tariffs on China, Mexico and Canada

President-elect Donald Trump frequently threatened during his campaign that he would impose tariffs on multiple countries, citing concerns on illegal immigration and drugs.

USA

Trump to appoint hardliners Rubio and Waltz as foreign policy chiefs

Trump's picks for secretary of state and national security adviser have fully supported the president-elect in casting doubt on European countries' contributions to NATO.

Economy

China unveils financial package aimed at boosting the economy

Beijing is hoping its plan will help bolster its ailing economy as it braces itself for increased trade tensions with the US under a Trump presidency.

Tech News

Russia, Iran and China step up influence efforts as US election nears

Russian operatives continue to take steps to undermine the Harris-Walz campaign, says a new report by Microsoft.

Economy

Europe's luxury goods market braced as China demand stays slow

China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand. This could place further pressure on key sectors in European stock markets, including luxury consumer and mining stocks, which are sensitive to China's conomic data.

Economy

China export curbs on semiconductor materials fuel chip shortage fears

These restrictions are speculated to be China’s response to the US export curbs on the sale of advanced semiconductor chips to Chinese companies such as Huawei.

Business

Canada to impose 100% tariff on Chinese-made electric vehicles

In alignment with the US, Canada announced a 100% tariff on Chinese-made EVs, including those produced by Tesla. Tesla’s shares fell by 3% on Monday in response to the news.