Tariffs hit boots, bags and more as leather prices jump — and relief could be years away

Tariffs hit boots, bags and more as leather prices jump — and relief could be years away

Different types of leather are seen at the Rio of Mercedes cowboy boot factory, on July 31, 2025, in Mercedes, Texas. Ronaldo Schemidt | AFP | Getty Images Bootmaker Twisted X — known for its Western footwear — was thrown into chaos overnight when President Donald Trump imposed sweeping tariffs on imports in April. The … Read more

China social media thrashes one-child policy after population control czar dies

China social media thrashes one-child policy after population control czar dies

A woman cycles pass a billboard encouraging couples to have only one child, along a road leading to a village in the suburb of Beijing, 25 March 2001. Goh Chai Hin | Afp | Getty Images The death of a former head of China’s one-child policy has been met not by tributes but by castigation … Read more

China’s mineral dominance gives Western magnet makers a moment in the sun

China’s mineral dominance gives Western magnet makers a moment in the sun

Annealed neodymium iron boron magnets sit in a barrel at a Neo Material Technologies Inc. factory in Tianjin, China on June 11, 2010. Bloomberg | Bloomberg | Getty Images Rare earth magnet makers are having a moment as Western nations scramble to build domestic “mine-to-magnet” supply chains and reduce their dependence on China. A turbulent … Read more

U.S. pushes additional tariffs on Chinese chips to June 2027

U.S. pushes additional tariffs on Chinese chips to June 2027

A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023. Pool | Reuters The U.S. will increase tariffs on Chinese semiconductor imports in June 2027, at a rate to be determined at … Read more

S&P 500 rises to start a holiday-shortened week, led by tech: Live updates

S&P 500 rises to start a holiday-shortened week, led by tech: Live updates

Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 8, 2025. Brendan McDermid | Reuters The S&P 500 rose on Monday, spurred by a rise in technology shares, to start a shortened holiday week. The broad market index gained 0.7%. The Dow Jones Industrial Average advanced 309 … Read more

China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry

China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry

French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU … Read more

Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge

Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge

Gold and silver prices soared to new highs on Monday. Gold was last seen at a record $4,445.8 per ounce while spot gold was last trading at $4,414.99. Prices are up nearly 70% since the start of the year. The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed … Read more

AI-linked IPOs in China are exploding. But it’s not easy for foreigners to join the party

AI-linked IPOs in China are exploding. But it’s not easy for foreigners to join the party

An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images China’s hottest artificial-intelligence listings are delivering eye-popping gains. Shares of chipmaker MetaX Integrated Circuits skyrocketed almost 700% in their Shanghai market debut last week, while Moore Threads soared over … Read more

Asia-Pacific markets trade higher as investors assess China’s key lending rate decision

Asia-Pacific markets trade higher as investors assess China’s key lending rate decision

19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets climbed Monday as investors parsed China’s central bank’s decision to keep its loan prime rates steady. The People’s Bank … Read more

House passes bill to ease permits for building out AI infrastructure

House passes bill to ease permits for building out AI infrastructure

The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build infrastructure for artificial intelligence projects. The bill, known as the SPEED Act, is backed Big Tech giants such as OpenAI, Micron and Microsoft The bill cleared the House in a 221-196 vote, overcoming a conservative … Read more