Latest in Shares Fall China
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GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
U.S. slams China for hitting Philippine vessels with water cannons
China put "lives at risk" with the "unlawful use of water cannons" against Philippine vessels in the South China Sea, the U.S. ambassador in Manila says.CBS News - Dec. 4 -
South Korea’s tumult is a symptom of China-US strife
As the globalisation-friendly world order fades, its new geoeconomic course is fraught with riskFinancial Times - Dec. 4 -
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Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
China bans exports of key microchip elements to US as trade tensions escalate
Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...The Guardian - Dec. 4 -
Celtics eliminated from NBA Cup as Magic fall to Knicks
The Celtics were officially eliminated from the 2024 NBA Cup as a result of the Magic's loss to the Knicks on Tuesday night.Yahoo Sports - Dec. 4 -
Antidoping Agency Froze Out Investigators Who Warned About China
The World Anti-Doping Agency’s investigative unit highlighted intelligence about Chinese athletes possibly using a banned medication, but was kept out of the loop when 23 swimmers tested positive ...The New York Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
Okta shares pop 18% on earnings beat, strong guidance
Okta shares soared Tuesday after the company reported strong third-quarter results.CNBC - Dec. 3 -
China bars some mineral exports to US
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story China bars some mineral exports to US China has banned exports of some rare minerals to the ...The Hill - Dec. 3 -
Dak Prescott shares his hope for Mike McCarthy’s Cowboys future
"[I’m] almost feeling helpless like I can’t help him in this situation, especially a guy you believe in so much and you believe in being your head coach,” Prescott told Yahoo Sports.Yahoo Sports - Dec. 3 -
Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'
Intel shares fell 6% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.CNBC - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
Biden, during Angola visit, speaks of 'shared history' of slavery
"It's our duty to face our history. The good, the bad and the ugly," Biden said as he spoke at the National Museum of Slavery in Angola.ABC News - Dec. 3 -
To defend Taiwan tomorrow, we must prepare to sanction China today
Taiwan is reportedly considering a $15 billion military package to strengthen its military against China, while the U.S. and Taiwan have agreed to spend over $2 billion in American weapons ...The Hill - Dec. 3 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS News - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the United States as tensions over trade heat up after the U.S. issued new restrictions on exports of certain semiconductor chips and equipment to ...The Hill - Dec. 3 -
Designer Cortney Novogratz shares festive DIY holiday card ideas for families
Designer and mom of seven Cortney Novogratz offers creative, easy-to-make holiday greeting card projects perfect for kids or family photo ideas to share with loved ones this season.CBS News - Dec. 3 -
To beat China, Washington needs facts, not myths, about telework
Despite misconceptions, the federal workforce has embraced telework at a rate consistent with or lower than the private sector, and telework has proven to be a cost-effective and productive way to ...The Hill - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
China's Flood of Cheap Goods Is Angering Its Allies, Too
The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade ...The Wall Street Journal - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
3 Top CEOs Share Their Best Cash-Flow Tips
How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.Inc. - Dec. 2 -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
