Chinas Midea to Raise 4 Billion in Hong Kongs Biggest Listing This Year
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U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - 8h -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 1d -
The delights of Hong Kong’s iconic ‘tea restaurants’
Cha chaan tengs — frenetic, no-frills eateries where bankers share tables with builders — bring together local dishes and western imports in a uniquely delicious mixFinancial Times - 2d -
Bestselling author: I asked 26,000 people around the world their biggest regrets—these were the top 4
Author Daniel Pink studied over 26,000 people to find their most common regrets, including lost relationships and not taking chances. Here's how to fix them.CNBC - 3d -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - 3d -
Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing
Trade committee chair Liam Byrne writes to FCA and London Stock Exchange after questioning of fast-fashion groupFinancial Times - 4d -
China has ample fiscal space to bolster growth this year
Yahoo News - 4d -
Shui Ka-chun, Hong Kong Activist, Dies
A social worker and teacher imprisoned for his activism, he later wrote about the toll of incarceration and worked to help others behind bars.The New York Times - 4d -
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
As birth rates fall in Asia, companies focus on nostalgic toys for young adultsFinancial Times - 4d -
UFC in 2025: Jon Jones, Conor McGregor and Dana White among five biggest storylines to watch this year
The new year could produce a multitude of changes and new matchups for the promotionCBS Sports - 5d -
Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - 6d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 6d -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
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 -
Germany raises record €18.5 billion in carbon emissions trading
Yahoo News - Jan. 7 -
Our 52 Places to Go Lists Show How Travel Has Changed Over 20 Years
When The New York Times’s 52 Places to Go list made its debut in 2005, world travelers had no smartphones, no Instagram and no Google Maps. As the list turns 20 years old, our reporter Tariro ...The New York Times - Jan. 7 -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
3-year-old dies, raising death toll in Honolulu fireworks explosion to 4
A 3-year-old boy has died of injuries in the massive explosion of fireworks at a home in Honolulu on New Year's Eve.CBS News - Jan. 6 -
Congress certifies Trump's win 4 years after Jan. 6 attack
Congress convened Monday to count the votes of the Electoral College and formally cement President-elect Donald Trump's victory in the 2024 presidential election. It comes four years after the ...CBS News - Jan. 6 -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
What the Webb telescope has discovered in a galaxy 6.5 billion light-years away
NASA's James Webb Space Telescope has captured a unique image that revealed 44 individual stars in a galaxy 6.5 billion light-years away from the Milky Way.ABC News - Jan. 6 -
China's Xi Jinping says corruption is the 'biggest threat' to the Communist Party
Corruption is the biggest threat to China’s Communist Party, President Xi Jinping said Monday, in a warning that he is resolved to tackle the entrenched problem.NBC News - Jan. 6 -
The Jan. 6 Rioters, 4 Years Later
Hundreds of rioters accused of nonviolent crimes during the attack on the Capitol have wrapped up their cases. Here’s what some of their lives look like now.The New York Times - Jan. 6 -
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only cash.The New York Times - Jan. 5 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
How an FBI Sting Stopped a Russian Smuggler but Not His Hong Kong Supply Route
The case showed how difficult it is to stanch the flow of equipment to Russia through China, which the U.S. accuses of helping Moscow sustain the military production it needs to continue the war.The Wall Street Journal - 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 -
The new Great Wall: China’s $70 billion, 2,700-mile water transfer mega-project
Yahoo News - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31