Chinese Soda Maker Dayao Is Said to Consider $500 Million HK IPO
Chinese soda maker Dayao is gearing up for a Hong Kong initial public offering as early as the second half of 2025, people familiar with the matter said, building on the city’s emerging recovery in ...
Asia Looks to Buy More US Fossil Fuels to Make Trump Happy
Asian fossil fuel buyers looking to appease incoming US President Donald Trump have come to the same conclusion: buy more ...
China Steelmakers Head for More Production Cuts as Demand Sags
In the latest earnings period, steelmakers recorded their weakest free cash flow for a third quarter since 2015, according to ...
Australia Plans $1.2 Billion Credit for Green Aluminum Industry
Australia will introduce a new green aluminum production credit to assist aluminum smelters to switch to renewable electricity by 2036, the latest move by the center-left Labor government to bolster ...
Asian Stocks to Gain as Trump and Xi Discuss Trade: Markets Wrap
Australian shares edged higher while equity futures in Japan and Hong Kong pointed to early gains. A gauge of US-listed Chinese shares jumped 3.2% on Friday as Trump described the talk between the two ...
China Faces Trump's Return Just as Reliance on Exports Soars
China’s exports to Vietnam soared to a record last year, as did that nation’s shipments onto the US. Ranked by bilateral trade balances, Vietnam’s trade surplus with the US is the now the ...
How Mexico Is Preparing for Trump's Promises of Mass Deportations
Mexico has already been accepting its deported nationals from the US. In 2024, it received 190,491 of them, according to data ...
Is the U.S. stock market in a bubble? It depends on who you ask
The unprecedented growth in big tech stocks means the U.S. now dominates global markets. U.S.-listed companies made up more than half of the world’s stock market value in 2024 and 70 per cent of the ...
US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his government
Maduro’s promised election was neither fair nor free, and the longtime president was sworn in this month for a third six-year term despite credible evidence that his opponent got more votes. Yet, the ...
Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
(Bloomberg) — Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s ...
BMO, National Bank, TD, CIBC follow U.S. banks to quit global climate alliance
The lenders join several big banks in the United States, such as JPMorgan Chase & Co., Morgan Stanley, Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc., that have ...
How TikTok grew from an app for teens into a potential national security threat
Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen ...