Abrdn to Drop China from Emerging Markets Fund

From worst to first: Last year’s stock-market laggards see strong start to 2025

The U.S. stock market has been turned on its head in the early days of January.

MarketWatch - 18h

Stories of 'a nightmare' emerge from rubble of LA fires

Some survivors who lost everything in the Los Angeles fires say they plan to rebuild while other remain uncertain.

ABC News - 1d

MLB rumors: Latest Roki Sasaki news as finalists emerge after teams eliminated from chase for Japanese ace

Here are your hot stove rumors for Monday, Jan. 13

CBS Sports - 1d

Starmer aims to refocus attention on growth after hit from markets

UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdrop

Financial Times - 1d

How to prepare your family for an emergency

As wildfires continue to burn in Southern California, the disaster has people thinking about their own emergency preparedness, whether it's a fire, hurricane or tornado. CBS News' Ash-har Quraishi ...

CBS News - 1d

Porsche China deliveries drop 28% as competition intensifies

Fall comes as consumers in world’s largest car market increasingly opt for domestic brands

Financial Times - 2d

America must act to secure its ‘legacy chips’ from China and other competitors

As demand for connected devices and digital technologies continues to increase, so does the need for trusted and secure chips. Legacy chips are one important piece of that puzzle.

The Hill - 2d

4 Lessons From Duolingo’s Marketing Playbook

Duolingo’s playful and purpose-driven marketing strategy has made its lime-green owl into a global icon.

Inc. - 3d

Lessons learned from trying to thaw icy relations between rivals U.S and China

BEIJING — As he prepares to leave Beijing, the U.S. envoy to China feels relations between the two rival powers are the most stable they’ve been in recent years.

NBC News - 3d

Apple's market share slides in China as iPhone shipments decline, analyst Kuo says

Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.

CNBC - 4d

Companies from Coca-Cola to Anheuser-Busch are getting in on the canned cocktail market. Here's why

Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.

CNBC - 4d

Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget

We told you he would months ago, when he made the promise.

MarketWatch - 4d

Mercedes-Benz Car Sales Drop Amid Challenging Market

Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

The Wall Street Journal - 4d

A market in suspense

Plus: what’s the point of stablecoins?

Financial Times - 5d

Wildfire emergency relief efforts underway

Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...

CBS News - 5d

New York governor wants to limit hedge funds from buying up homes

New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state

ABC News - 5d

Microsoft contributes $1 million to Trump's inauguration fund

Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.

CNBC - 5d

China’s bond market is screaming deflation

Investors to Beijing: C-, must do better

Financial Times - 5d

Greggs shares drop on sales slowdown

UK bakery chain blames ‘subdued high street footfall’ for weaker earnings

Financial Times - 5d

USTR warns of risks from online pharmacies in its 'notorious markets' report

An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are ...

ABC News - 6d

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - 6d

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Mexico drops migrants in troubled resort as it disperses them far from US border

Two weeks ahead of President-elect Donald Trump’s second inauguration, Mexico continues dissolving attention-grabbing migrant caravans and dispersing migrants throughout the country to keep them ...

ABC News - Jan. 7

Trump backtracks from 'one big, beautiful bill' to fund his agenda

After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.

ABC News - Jan. 6

Death toll from the German Christmas market attack rises to 6

Prosecutors say the death toll in the attack on a Christmas market in the German city of Magdeburg last month has risen to six as a woman succumbed to her injuries

ABC News - Jan. 6

China’s economy still hasn’t fully emerged from the pandemic as a new year dawns

Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.

MarketWatch - Jan. 6

Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi

Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...

The Guardian - Jan. 6

Major winter storm dropping snow and ice on millions from Midwest to East Coast

Tens of millions of Americans are under winter weather alerts with a major storm bringing miserable conditions from Missouri to the East Coast. CBS News correspondent Ian Lee has more.

CBS News - Jan. 6

Sixth person dies from Magdeburg Christmas market car-ramming attack

Yahoo News - Jan. 6

Would you drop Of Mice and Men from the exam syllabus? The answer isn’t black and white | Nels Abbey

The book will no longer be studied at GCSE in Wales because many find the racial slurs upsetting. That’s culture war fodder, but it shouldn’t be. In years to come, we might call it the Steinbeck ...

The Guardian - Jan. 6

China’s box office takings drop by a quarter as viewers turn to streaming

Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slump

Financial Times - Jan. 5

Fire at food market in northern China kills eight people and injures 15

Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...

The Guardian - Jan. 4

Fire at a food market in northern China kills at least 8 and injures 15

Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 others

ABC News - Jan. 4

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - Jan. 4

Apple offers rare iPhone discounts in China as foreign smartphone sales drop

Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.

MarketWatch - 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