China’s exports rebound in November, massively beating expectations after U.S. trade truce

China’s exports rebound in November, massively beating expectations after U.S. trade truce

A cargo ship loaded with containers departs from Qingdao Port in Qingdao City, Shandong Province, China, on December 4, 2025. Costfoto | Nurphoto | Getty Images China’s exports massively beat market expectations in November as manufacturers rushed to ship out inventory on the back of a trade deal with Washington, following a meeting between the … Read more

Asia-Pacific markets trade mixed as investors look toward China trade data

Asia-Pacific markets trade mixed as investors look toward China trade data

Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets traded mixed on Monday as investors awaited trade data from China due later in the day. Economists polled by Reuters expect China’s exports in November to rise 3.8% from a year earlier, reversing the 1.1% contraction in October. Imports are expected to increase … Read more

Trump trade war shift away from Chinese manufacturing has reached tipping point

Trump trade war shift away from Chinese manufacturing has reached tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over … Read more

Nvidia partner Foxconn reports 26% revenue spike as AI boom continues

Nvidia partner Foxconn reports 26% revenue spike as AI boom continues

The logo of multinational tech company Foxconn (also known as Hon Hai), which is a major manufacturer for Apple products, in Taipei, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty Images Foxconn, a key Nvidia partner in its artificial intelligence buildout, saw its revenue spike 26% year-on-year in November, as demand for servers … Read more

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions … Read more

India is set to host Russia’s Putin, deepening trade ties, unfazed by punitive U.S. tariffs

India is set to host Russia’s Putin, deepening trade ties, unfazed by punitive U.S. tariffs

Russia’s President Vladimir Putin awards India’s Prime Minister Narendra Modi with the Order of St. Andrew the Apostle the First-Called at the Kremlin in Moscow, Russia July 9, 2024.  Evgenia Novozhenina | Reuters As India reels under punitive U.S. tariffs over its purchases of Russian oil, New Delhi is all set to host President Vladmir … Read more

SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images SoftBank led gains in Japanese tech-related stocks Wednesday, tracking Wall Street peers, and boosting the Nikkei 225. Tech-focused investment major SoftBank rose more than 8%, snapping a three-session streak of losses. Japan’s Tokyo Electron, which provides essential chipmaking … Read more

Australia’s economic growth misses estimates, rising 2.1% in the third quarter

Australia’s economic growth misses estimates, rising 2.1% in the third quarter

Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Australia’s third-quarter economic growth missed analysts’ expectations, but still clocked its fastest expansion in about two years, driven by strong investment and … Read more

Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets

Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets

Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Tesla CEO Elon Musk said that the U.S. has been a beneficiary of talent from India, while adding that the H1-B visa program had been misused … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more