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Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

1dFinancial TimesPoliticsImpact

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...

1hSouth China Morning PostautomotiveImpact

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

1dSouth China Morning Postworld_newsImpact

Trump imposes 25% tariff on any country 'doing business' with Iran

US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...

1dFrance 24PoliticsImpact

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...

1dSouth 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...

20hSouth China Morning PosteconomicsImpact

Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...

21hSouth China Morning PosteconomicsImpact

Figure Technology unveils blockchain platform for direct stock lending

The Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure....

7hCoinTelegraphTechnologyImpact

Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling

Tech giant moves to reverse concessions made to limit the shock of US President Donald Trump’s trade levies...

1dFinancial TimeseconomicsImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

1dSouth China Morning PostTechnology

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

14hBusiness InsiderTechnology

Ørsted up 5% as US judge clears restart of stalled US wind farm

Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....

1dEuronewseconomics

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

1dBusiness InsiderPoliticsImpact

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

1dBusiness InsidereconomicsImpact

A millennial who hit a 7-figure net worth after quitting corporate life to be a content creator explains how to make money online

Michela Allocca is the founder of Break Your Budget. Courtesy of Michela Allocca Michela Allocca grew Break Your Budget into a top personal finance brand on social media. She quadrupled her income by ...

13hBusiness InsidereconomicsImpact

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

13hIGNTechnologyImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

19hBusiness InsiderPoliticsImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

4hBusiness InsidereconomicsImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

10hBusiness InsidereconomicsImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

13hBusiness InsiderTechnologyImpact
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