Latest in China stimulus scheme lifted 2024 consumption growth by 1 pct point
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Trumps Threatens Tariffs Feb. 1 on Canada, Mexico and China
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.The New York Times - 1d -
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South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - 1d -
South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth
The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...The Wall Street Journal - 1d -
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Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1
On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1.CNBC - 2d -
UK's first drug consumption clinic figures revealed
The Safer Drugs Consumption Facility in Glasgow opened on 13 January, letting people take substances under supervision.BBC News - 3d -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
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China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - Jan. 17 -
Barrage of Stimulus Powers Robust Chinese Growth---and Some Skepticism
China said that its economy expanded by 5% last year, but a variety of weak signals have made some outside economists dubious.The Wall Street Journal - Jan. 16 -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - Jan. 17 -
Edge computing’s rise will drive cloud consumption, not replace it
Successful edge AI deployments require deep integration between edge and cloud, complex orchestration and new approaches to data management.VentureBeat - Jan. 16 -
BT scraps EV charging point scheme having only installed one
It hoped to turn 60,000 roadside green cabinets into chargers - but now says it will focus on wifi instead.BBC News - Jan. 16 -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - Jan. 16 -
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.The Wall Street Journal - Jan. 16 -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - Jan. 14 -
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - Jan. 13 -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - Jan. 13 -
Ohio State favored by 9 1/2 points over Notre Dame, 2nd-largest spread in CFP title game history
Ohio State is favored by 9 1/2 points over Notre Dame in the College Football Championship national title gameABC News - Jan. 11 -
Where new jobs were in 2024, and potential growth areas in a second Trump term
Health care and government were the top two drivers of job creation in 2023 and 2024, but that could change under a new administration.CNBC - Jan. 11 -
Hayton's late goal lifts Utah to 2-1 win over Sharks
Barrett Hayton snapped home the go-ahead goal with 1:32 left to lift the Utah Hockey Club to a 2-1 victory over the San Jose SharksABC News - Jan. 11 -
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Inside the UK's first legal drug consumption room
The Thistle will open its doors next week after nearly a decade of deadlock over drug laws.BBC News - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Trotter's 10 Trends: Inside Duke's 3-point eruption, Florida stonewalls No. 1 Tennessee and more takeaways
Donovan Dent's no-look dimes and transfers who have changed their games are other top trends Isaac Trotter is trackingCBS Sports - Jan. 8 -
China expands ‘cash for clunkers’ scheme to rice cookers and microwaves
Beijing unveils $11bn in subsidies to trade in appliances amid concern over weak economic momentumFinancial Times - Jan. 8 -
No. 8 Florida rolls over No. 1 Tennessee, hands Vols first loss of season in 30-point blowout
The Volunteers were the last remaining undefeated team in the country.Yahoo Sports - Jan. 8 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
Dach, Caufield score in shootout to lift the Canadiens 2-1 over the Avalanche
Kirby Dach and Cole Caufield scored in the shootout, Jakub Dobes had 22 saves in regulation, and the Montreal Canadiens beat the Colorado Avalanche 2-1 on Saturday nightABC News - Jan. 4 -
Surgeon general warns of link between alcohol consumption and cancer risk
The U.S. surgeon general issued an advisory on Friday warning of a link between alcohol consumption and cancer risk.ABC News - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
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China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2
