BUSINESS

Trade War Worries Loom Over Las Vegas Tech Show

Attendees walk past a row of Chinese businesses at the annual Las Vegas tech show CES in January, 2024
Chinese companies have turned out in force again at this year's Consumer Electronics Show, with their prospects overshadowed by the threat of steeper tariffs from incoming US president Donald Trump.

Samsung Warns Fourth-quarter Profit To Miss Forecasts

Samsung Electronics said it expected fourth-quarter profits to be sharply down from the previous quarter
South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.
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Wall Street has gotten off to a slow start in 2024, with Asia following suit

Asia Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.
Tariffs under incoming US president Donald Trump loom as an obstacle for China's economy in the new year

Asian Stocks Dip As Santa Snubs Wall Street

Asian stocks ended the year mainly in the red on Tuesday after worries about 2025 and profit-taking turned Wall Street's usual holiday period "Santa Claus rally" into a mini-rout.
Asian stocks mostly fall in thin holiday trade, following a late drop on Wall Street last week

Stock Markets, Dollar Retreat

European and Asia stock markets mostly fell Monday in jittery holiday trade ahead of a potentially tumultuous 2025 when Donald Trump returns to the White House.
A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City

Move Over Mercedes: Chinese Cars Grab Mexican Market Share

The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. According to industry experts, Mexicans are increasingly switching from traditionally dominant sedans to Chinese vehicles due to a combination of comfort, technology and price.
The United States said Monday it is opening an investigation into China's policies for its semiconductor industry

US Probes China Chip Industry On 'Anticompetitive' Concerns

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.
Honda and Nissan were expected to announce the start of tie-up talks Monday

Honda And Nissan To Launch Merger Talks

Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.
Credit Suisse was hit by a string of scandals before being taken over by UBS

Credit Suisse Collapse Probe Slams Banking Regulator

Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank and nearly triggered a global financial crisis, a Swiss inquiry concluded Friday.
The ECB is set to cut interest rates for a fourth time this year

ECB To Cut Rates Again Amid Bleak Eurozone Outlook

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture.

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