Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in NovemberCore retail sales advance 0.4%Producer prices rise 0.2% in November after ticking up…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
‘Are you dead?’ Chinese app for single living goes viral
Item 1 of 2 A logo of “Are you dead” app, or “Demumu” in its english version, a…
Trump moves to block courts from seizing Venezuelan oil revenue in US accounts
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Singapore defends GIC, Temasek returns as reasonable
Government says prioritises long-term returns over short-term swingsGovernment does not interfere in Temasek’s picks, says ministerGIC’s returns over…
Trump weighs response to Iran crackdown, Tehran says communication open with US
Trump considers range of options, including military action against IranIran says it is maintaining communications with US envoyMass…
Dollar drops as US Justice Department subpoenas Fed’s Powell
Powell calls subpoenas a pretext for interest rate influencePowell’s term as Fed chief ends in May, Trump considering…
Euro zone investor morale better than expected at start of 2026
BERLIN, Jan 12 (Reuters) – The Sentix index measuring investor morale in the euro zone rose more than…
Trump says he may veto extension of Obamacare subsidies
Jan 11 (Reuters) – U.S. President Donald Trump said on Sunday he might veto legislation to extend federal…
China is closing in on US technology lead despite constraints, AI researchers say
Chinese AI firms positioned to co-develop hardware and software, industry experts sayLack of advanced lithography machines a main…
Trump calls for one-year cap on credit card interest rates at 10%
Trump says Americans have been ‘ripped off’ by credit card companiesLawmakers from both parties have raised concerns about…