Business Insights

In a heated session at the World Trade Organization (WTO), the United States launched a scathing attack on China, accusing the Asian giant of employing “predatory” industrial policies causing global trade tensions. The US’s fiery rhetoric was echoed by its allies, including the United Kingdom and the European Union, who criticized China’s market-distorting practices during […]

Just as he demanded the Europeans spend more on defence when he was president, Republican Donald Trump is hard-headed about Taiwan, too. Taiwan should pay the United States for its defence, he says. “I know the people very well, respect them greatly. They did take about 100 per cent of our chip business. I think, […]

The chips were down with the Biden administration getting tough and Republican presidential candidate Donald Trump talking tough. Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter US export restrictions and Trump’s comments fuelling geopolitical tensions. ASML’s Netherlands-listed shares were down 11%, while Tokyo Electron shares in Japan […]

In the quest for love and companionship, many of us dream of finding that special someone with whom we can share our lives. But as the saying goes, love doesn’t pay the bills. When it comes to settling down, compatibility in money matters can be the secret ingredient to a lasting relationship. Money matters, with […]

Chinese e-commerce platforms have swiftly introduced a range of merchandise featuring images of Donald Trump with a bloodied face following an attempted assassination of the former president during a rally in Pennsylvania. This incident generated widespread speculation on Chinese social media, with President Xi Jinping extending sympathies to Trump for the shooting incident in Butler. […]

Global trade is navigating turbulent waters. Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), acknowledges that “global trade is not having the best of times at the moment.” Increasing protectionism and undermining of WTO rules are leading to a concerning fragmentation of the global market. Global trade is essential for economic resilience and […]

Several employees of the Hyatt Regency in downtown Milwaukee have been terminated following the death of D’Vontaye Mitchell, a Black man who died after being pinned down by hotel security guards. The incident was partially captured on witness video, prompting widespread outrage and an internal investigation by Aimbridge Hospitality, the operator of the hotel. “The […]

A Dallas-based company, American Rounds, is garnering attention with its unique approach to ammunition sales. The company has introduced vending machines stocked with ammo in grocery stores across Alabama, Oklahoma, and South Texas, with plans to expand to the Dallas-Fort Worth area soon. Grant Magers, CEO of American Rounds, emphasizes that these high-tech vending machines […]

Australian car buyers could soon see more affordable electric vehicles (EVs) on the market, thanks to new tariffs imposed by the European Union on Chinese EVs. Starting July 5, the EU has introduced provisional taxes of up to 37.6% on imported Chinese EVs, on top of the existing 10% duty. This means Chinese-made EVs could […]

In the bustling streets of China, a tiny, affordable electric car called the Seagull has emerged, sending ripples of anxiety through American automakers and politicians. Launched last year by Chinese automotive giant BYD (Build Your Dreams), this compact vehicle is priced at around $12,000 in China, offering a driving experience and craftsmanship that rival U.S. […]

In boldly moving against the European Union’s provisional tariffs on Chinese electric vehicles (EVs), Chinese EV makers and industry associations are rallying for fair treatment. Leading the charge, SAIC Motor Corp, China’s largest automaker, called on the European Commission (EC) to hold a hearing on the tariffs, asserting its commitment to protect its rights and […]

Retirement in America increasingly means working well into old age, with many seniors unable to support themselves solely on Social Security and savings. Teresa Ghilarducci, a renowned retirement expert, sheds light on this growing crisis. Retirement in America and the system’s shortcomings In a conversation with CBS MoneyWatch about her new book, “Work, Retire, Repeat: […]