FirstFT: Deflation hits Chinese corporate profits

Also in today’s newsletter, UK’s AI computing push and Trump’s Ukraine plan

Topics

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability
Financial Times - 2h
FirstFT: The hottest year on record

Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant other
Financial Times - 2d
Falling Chinese bond yields signal concern with deflation

Investors expect price pressures to become entrenched in world’s second-largest economy
Financial Times - 3d
FirstFT: US corporate bankruptcies hit 14-year high

Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps down
Financial Times - 5d
US corporate bankruptcies hit 14-year high as interest rates take toll

Consumer companies such as Party City hit by persistent inflation and weak spending
Financial Times - 6d
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach

The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.
The New York Times - Jan. 3
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

Australian Open 2025: Kyrgios and Djokovic in action after Sinner, Swiatek and Gauff progress – live

Updates from the second day of action at Melbourne Park Burrage’s luck turns ; Tomljanović exacts swift revenge Any thoughts? Share them with Daniel via email Another multi-deuce service ...
The Guardian - 14m
India's Modi marks the opening of a strategic tunnel in disputed Kashmir

Yahoo News - 17m
With South Korea in Crisis, Eight Justices Will Decide President’s Fate

The Constitutional Court, an arbiter in a polarized nation, is about to consider whether Yoon Suk Yeol’s impeachment for declaring martial law was justified.
The New York Times - 24m
Apple asks investors to block proposal to scrap diversity programmes

Conservative thinktank wants firm to end its DEI efforts because they create ‘litigation, reputational and financial risks’. Business live – latest updates Apple has asked shareholders to vote ...
The Guardian - 26m
FA Cup: 10 talking points from the weekend’s third-round action

Tamworth’s heroes deserve better, Pep Guardiola tries to fire up Jack Grealish and Liverpool’s teenagers impress. Ruben Amorim’s 3-4-3 tactics have little place in English football, it was said. ...
The Guardian - 45m