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Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - Jan. 3 -
U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.The New York Times - Jan. 2 -
The frozen housing market shows few signs of thawing as 2025 begins
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger.NBC News - Jan. 2 -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - Jan. 2 -
UFC bold predictions for 2025: Islam Makhachev makes more history, big name signings join the promotion
The new year is set to kick off with plenty of interesting matchups that could see numerous champions dethronedCBS Sports - Jan. 2 -
Did win at Brentford suggest Arsenal need January signings?
With the January transfer window officially open, Arsenal will have to assess on how they do business with multiple games coming thick and fast.ESPN - Jan. 2 -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - Jan. 2 -
Suspected Chinese underwater spy drone found by fishermen
Officials said the drone was not armed, but the police report listed "potential national security implications" as one significance of its recovery.CBS News - Jan. 2 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - Jan. 1 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
Sponsor moves: Max Homa signs with Cobra Puma Golf, lululemon
Homa's equipment, apparel and footwear changes are among new deals rolled out on Jan. 1.Yahoo Sports - Jan. 1 -
Transfer rumors, news: Real Madrid's Güler in Arsenal plans for statement signing
Arsenal have an eight-player shortlist amid plans to make a statement signing.ESPN - Jan. 1