BUSINESS: GOLDSEA

Samsung Raises Memory Prices 60%

The race to build AI data centers is staying ahead ...

Samsung Hyundai Announce Huge Domestic Investments

Concerns about the economic impact of investments mandated by the ...

Indian Farmers Benefit from Rollback on Food Tariffs

Relief from the 50% tariffs that have been imposed on ...

Japan Tourism Slumps on Rift with China

The diplomatic row triggered by new Prime Minister Sanae Takaichi's ...

Japan GDP Slipped for 1st Time in 6 Quarters

Japan's Q3 GDP fell less than projected as exporters rallied ...

China Drives Cartier's Strong Growth

Richemont, the world's 2nd largest luxury group, enjoyed 7% growth ...

Applied Materials Take Big Hit from Curbs to China Exports

The maker of chipmaking equipment has seen China sales cut ...

Yttrium Shortage Hits US Aerospace, Defense Sectors

In the continuing trade drama created by Trump's unilateral "Liberation ...

Top Experts Predict AI's Economic Impact

AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, ...

Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem

M100 and M300 processors from Baidu advance China's push to ...

Tencent's Strong Growth Constrained by AI Chip Shortage

US and Chinese restrictions on Nvidia and other US AI ...

Weekly Jobless Rates Stay Flat

Various private firms estimate the weekly jobless rate as remaining ...

China's EV Battery Materials Suppliers Seek Higher Prices

A rally in cobalt prices and a rise in the ...

China E-Commerce Giant JD.com Sees 15% Revenue Jump

Robust sales growth during the 3-Day Singles Day shopping event ...

China Industrial Output Growth Slows on Weak Demand

Industrial growth slows to 4.9% as soft domestic demand can't ...

India's Biocon Foresees Big Cost Drop for Copycat Drugs

A leading maker of biosimilars, with 7 copycat drugs already ...

Vietnam Plans Big Minimum Wage Boost in 2026

Vietnam's growing importance as a manufacturing hub for foreign companies ...

Nissan, Honda in Talks for Joint US Car Development

Electrification, vehicle intelligence and a pickup truck are possible areas ...

China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits

SMIC reported a 9.7% jump in Q3 revenues and a ...

Holiday Retail Job Postings Drop

Job postings for stores and restaurants fell 16% from last ...

Nvidia Supplier Foxconn Bullish on AI Demand

Rising demand for AI chips helped Foxconn beat quarterly profit ...

Microsoft Builds 2nd Denmark Quantum Lab

The new facility will participate in developing the Majorana 1 ...

Taiwan 2025 GDP Growth to Approach 6%

Strong Q3 growth of 7.64% on AI chip demand puts ...

AI Power Demand Ushers Boom Cycle for Energy Storage

The huge demand for green energy by AI data centers ...

China Soy Bean Glut to Stymie US Export Hopes

Revenge soybean imports from South America followed by recent US ...

Volkswagen Bets Future Models on Rivian JV Tech

The vehicle platform and software systems developed in its joint ...

OpenAI Fights Order to Turn Over 20 Million Chats

Complying with the order would jeopardize confidential user information and ...

Japan Manufacturer Sentiment Highest in 4 Years

Manufacturers' sentiment index rose to plus 17, up from plus ...

Porsche-Volkswagen Struggles with EV Rollout, China Competition

Porsche SE, owner of a controlling interest in Volkswagen, sees ...

Ikea Enjoys Rising Profits on Growth of Budget-Conscious Shoppers

The Swedish furniture maker has tried to absorb some of ...

Global EV Sales Growth Hits 23% in October

Sales of EVs and hybrids jumped to 1.9 million units ...

Lisa Su Expects AMD Chip Sales to Hit $1 Trillion

CEO Lisa Su estimates that AMD's combined chip sales will ...

Meta AI Chief LeCun Exits After Being Passed Over for ...

Mark Zuckerberg is remaking Meta's AI regime in an aggressive ...

BYD Expects EV Exports to Jump 60%

The Chinese company that passed Tesla last year to become ...

Masayoshi Son's All-In Bet on OpenAI Pays Off Big

SoftBank reported a doubling of quarterly profits to $16.6 billion ...

K-Shaped Economy Great for Levi's $300 Jeans

Demand for premium denim is growing faster than for basic ...

Sony Lifts Profit Forecast on Lower Tariffs, Strong Chips

Lower tariffs and strong performance of its chips and entertainment ...

Healthcare Shares Fall on Shutdown Deal

A deal to end the government shutdown without extending Affordable ...

Tesla's China Sales Plunged 60% from September

October sales fell 35.8% from last year and 60% from ...

Legal AI Firm Clio Hits $5 Billion Valuation

The latest funding round led by New Enterprise Associates values ...

OpenAI Weighs Separate AI Healthcare Assistants

Recent high-level hires with healthcare backgrounds appears likely to lead ...

Wall Street Rises on Reopening Deal

House passage of a bill to fund the government until ...

Tsavorite Secures $100 Million in Pre-Orders

Tsavorite Scalable Intelligence OPU chips used by data centers to ...

Honda's Biggest Challenge Comes from Chinese EV Makers

Honda's onetime stronghold of Southeast Asia is now being challenged ...

Carmakers Relieved by China's Exemptions for Nexperia Chip Shipments

The relatively simple but absolutely essential chips for carmakers have ...

China's Easing of Rare-Earth Restrictions Less than Hoped

The trade deal struck at the APEC summit hasn't made ...

China Prices Rise on Curbs on Over-Production, Hyper-Competition

Deflationary pressures eased markedly in October as China's consumer prices ...

Major Retailers Promise Cheaper Thanksgiving with a Catch

Retailers seek to achieve more appealing price points for Thanksgiving ...

NASDAQ Had Worst Week Since April

AI bubble fears were compounded by Jensen Huang's comment about ...

Demand for Nvidia's Blackwell Chips Strains Capacity

Despite being locked out of the China market for Nvidia's ...