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Billionaires' wealth hits new peak amid rising poverty, Oxfam says

Billionaire wealth surged at three times ‍its recent pace ​last year to reach its highest level on record, deepening economic and political divides that threaten democratic ⁠stability, anti-poverty gr...

6dFrance 24economicsImpact

Renaissance, Schonfeld, and Engineers Gate stung in a shaky start for quants in 2026

An Indian broker reacts while trading at a stock brokerage firm in Mumbai, January 22, 2008. Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and prom...

2dBusiness InsidereconomicsImpact

Get ready to enter a bidding war in these 10 housing markets this year

The Northeast made up more than half of the top 10 hottest metros for 2026. Bruce Peter Morin/Getty Images Zillow predicts Northeast metros will lead the hottest housing markets in 2026. Coastal citie...

6dBusiness Insiderreal_estateImpact

Show HN: Company hiring trends and insights from job postings

I been building a view into companies based on their job postings. I am hoping it is useful to get a quick snapshot on the company say for interview prep etc. Please be advised that it is still a WIP ...

4dHacker NewsTechnologyImpact

AI tools could make companies less competitive because everyone buys the same brain, think tank CEO says

Companies rushing to adopt the same AI tools risk losing their competitive edge, independence, and long-term resilience, a think tank CEO says. APHOTOGRAFIA/Getty Images The CEO of a digital economy t...

Jan 17Business InsiderTechnologyImpact

Chinese banks join the space race with satellite launches and rocket backing

Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use...

3dSouth China Morning PosteconomicsImpact

Donald Trump to address World Economic Forum in Davos

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloa...

4dSouth China Morning PostPoliticsImpact

China’s EV makers face slowdown in export growth after doubling in 2025

China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign. The country – the world’s leading EV manufacturer – sold m...

Jan 14South China Morning PostautomotiveImpact

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

Jan 14South China Morning PostTechnologyImpact

Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...

Jan 13South China Morning Posteconomics

I'm a Princeton-educated engineer, but I left the corporate world to pursue a better work-life balance. Doing so helped me become a millionaire by 30.

Luisa Zhou's parents taught her the importance of working hard. Courtesy of Luisa Zhou Luisa Zhou's immigrant parents taught her to work hard and seek security. She ran out of paid time off after help...

6dBusiness InsiderlifestyleImpact

China’s rocket start-ups push the envelope as IPOs gather pace

China is moving forward with the initial public offering (IPO) plans of four private rocket makers this month, as Beijing pushes to build up its commercial space industry amid intensifying competition...

2dSouth China Morning PosteconomicsImpact

As Trump threatens more tariff rises, China uses low duties to secure resources

As US President Donald Trump’s tariff increases have roiled global markets and strained America’s alliances in recent months, China has been pursuing the opposite strategy: keeping import duties low a...

5dSouth China Morning PostPoliticsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

Jan 13South China Morning PostPoliticsImpact

A16z partner shares 3 things founders should be able to 'materialize' if they want to be successful

Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...

Jan 15Business InsiderTechnologyImpact

New Zealand central bank chief told to ‘stay in her lane’ after backing US Fed’s Powell

New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...

Jan 14South China Morning PostPoliticsImpact

China records US$1.19 trillion trade surplus in 2025 as exports jump 5.5%

China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...

Jan 14South China Morning PosteconomicsImpact

Germany’s Merz pledges to fast track India-EU trade deal during first official Asia visit

German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...

Jan 13South China Morning PostPoliticsImpact

Thailand’s election turns into a cash splash contest to win votes

Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...

Jan 13South China Morning PostPoliticsImpact
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