Automakers Unveil New EVs Despite US Sales Downturn
Weaker demand after EV tax credits ended hasn't kept carmakers like GM and Volvo from releasing new models to stay on track toward an inevitable ...
Business
McDonald's Draws Worried Consumers with $3 Menu Items and $4 Breakfast Deals
The Chicago-based fast-food giant addresses stressed consumer budgets with new menu items priced at $3 or less and a $4 breakfast meal deal, building on ...
US Trade Deficit Widened in February Despite Record Exports
The deficit was driven by the goods trade deficit with China, which increased to $13.1 billion in February from $12.5 billion in January, and with ...
Rivian Beats Q1 Estimates on Recovering EV Demand
Rivian Automotive exceeded analysts' expectations with 10,365 vehicles delivered, including its SUVs and R1T pickup trucks after a decline last year due to end of ...
China Adds 12 New Banks to Digital Yuan Program
China's central bank expands rollout of the digital yuan by adding major banks operators, including China CITIC Bank, China Everbright Bank, China Guangfa Bank and ...
Tesla Sales of China-Made EVs Rise for Second Straight Quarter
Model 3 and Model Y cars made in Tesla's Shanghai factory rose 8.7% from a year earlier to 85,670 vehicles in March.
Investors See Trump Speech As Extending Hormuz Closure
Investors heard Trump's speech as a sign that the Strait of Hormuz is unlikely to open soon, prolonging the impact of high oil prices on ...
Intel CEO Lip-Bu Tan to Pump More Millions into AI Startup SambaNova
Intel plans to invest another $15 million into a chip startup chaired by Tan with ambition to challenge Nvidia in AI inference chips.
Kia Looks to Restore EV Sales Volume in US with Lower-Priced Model
Kia announced plans to sell a low-priced EV model in the United States later this year to restore EV sales volume.
US Retail Sales Saw Solid February Increase Before US Strikes
February retail sales rose 0.6% on strong growth in autos and household goods after a Q4 slowdown and a revised 0.1% dip in January.
US Private Payrolls Continued Steady Growth in March Says ADP
Private employment rose by 62,000 jobs in March after 66,000 growth in February, solidly beating economist forecast of 40,000 jobs.
World Markets Rebounded Sharply on Quick Iran Peace Hopes
Signs the Iran conflict was de-escalating sent stocks soaring, bonds rallying and the dollar slumping Wednesday in the biggest market rally in three years.
Tesla Car Registrations Soared in Key European Markets in Turnaround
Tesla's March sales tripled in France and more than doubled in the Nordic countries due largely to new cheaper Model Y and Model 3.
China's Oil Stockpiles Protected Stocks from Iran Disruption
China was well prepared for an oil shock with big stockpiles and resilient energy supply chains, driving a positive outlook for investors as the rest ...
Nvidia's Dominance in China Erodes As Domestic Chipmakers Enjoy Bigger Share of AI Boom
Nearly 41% of China's AI accelerator server market went to Chinese firms as Beijing pushes to lower dependence on US GPUs and processors.
Hyundai 's March EV Sales in S. Korea Jumps 38% on Year
Despite a 2.3% decline in global sales, the Korean auto giant's domestic EV sales of 7,809 was up 38% from last March.
Japan Business Mood, Inflation Signs Both Rise
An interest-rate hike appears likely in April on a rise in both business sentiment and likelihood of corporate inflation.
TSMC to Launch 3-Nanometer Chip Production in Japan
The world's top contract chipmaker expects to begin mass production of cutting-edge 3-nanometer wafers in 2028 at its second Japan factory.
South Korea Enjoys Four-Decade High Export Boom on Chip Demand
March exports beat forecasts on an AI-driven chip boom, but the Middle East conflict casts shadow with supply disruptions.
China Factory Growth Continued 4-Month Run Amid Price Pressures
China's manufacturing sector enjoyed growth in both output and new orders but face sharply rising price pressures.
US Consumer Confidence Up Despite Sharp Drop in Job Openings, Hiring
Hiring fell to a six-year low in February, but consumer confidence unexpectedly surged in March despite the higher inflation likely this year.
Nvidia Invests $2 Billion in Marvell to Expand AI Footprint
The $2 billion investment in Marvell Technology is part of the chip giant's push to make it easier for customers to use Marvell's custom AI ...
Meta Unveils Two Ray-Ban Smart Glasses for Prescription Wearers
Meta's Ray-Ban prescription smart glasses will sell for $499, expanding its footprint in AI-powered devices.
Brent Crude Headed to Record Monthly Gain
Trump's Iran adventure boosted US West Texas Intermediate futures 54% this month while front-month Brent futures set an all-time record monthly gain of 58%.
Selloff of Contract Medical Research Firms Overestimates AI Impact
Shares of contract research organizations are falling on fears that AI may let drugmakers to take clinical trial work in-house but experts don't see a ...
Huawei 2025 Revenue Growth Barely a Tenth of 2024
China's leading smartphone maker reported feeble 2.2% growth in 2025 revenues as it continues to suffer from a 2020 US block on access to advanced ...
Zhipu Accelerates Pivot to Chinese Chips Amid that Nation's AI Boom
Zhipu AI CEO Zhang Peng said his firm is accelerating use of domestic chips to meet a rapid rise in computing demand since February.
Parent Geely CEO Urges Volvo Cars to Get More Aggressive in Leveraging Global Partnerships
Geely Holding Chairman Li Shufu pressed its Volvo Cars subsidiary to deepen cooperation with sister brands Polestar and Geely Autos to boost R&D capabilities in ...
Amazon, Delta Team Up to Challenge Starlink for In-Flight Wi-Fi Business
Amazon's Leo internet unit is getting aggressive in launching satellites and signed a deal with Delta Air Lines to provide in-flight Wi-Fi on 500 of ...
Toyota Joins Volvo, Daimler Truck in Hydrogen Fuel Cell Venture
The carmakers aim to make hydrogen fuel cells a non-polluting and energy-efficient alternative to internal-combustion engines for heavy-duty trucks for which unit cost is less ...
Korean Air to Shift to Emergency Mode in April Amid Oil Shock
An internal memo says Korean Air will follow T'way Ai and Asiana into emergency management mode to cope with the oil price rise triggered by ...
Oil Falls 1% on Report Trump Open to Ending Campaign Without Hormuz Reopening
Brent crude futures for May slipped $1.22 to $111.56 per barrel Trump's statements to aides reversing Monday's threat to "obliterate" Iran's oil infrastructure.
China's Manufacturing Growth Hits 1-year High Despite Mideast Conflict
China's March factory activity grew at the fastest pace in a year on improving demand despite global supply chain strains and oil price market volatility.
Samsung SDI to Lend $1.05 Bil. to Stellantis JV StarPlus Energy
South Korea's EV battery giant plans to lend 1.6 trillion won ($1.05 billion) to StarPlus Energy, its battery joint venture with Stellantis.
China Southern Returned to Profit in 2025, Ending 5 Years of Losses
China Southern, one of China's Big 3 state-owned carriers, reported Monday a net profit of 857 million yuan ($124.01 million) in 2025 for its first ...
BYD Expects to Hit 1.5 million Overseas Car Sales in 2026
China top carmaker is "highly confident" of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher.
US Airlines Face Fuel-Driven Shakeout
High fuel costs and flight cuts are likely to drive weaker carriers to sell routes, assets or equity at a discount to their stronger rivals.
South Korea AI Chip Startup Rebellions Raises $400 Million in Latest Funding Round
The $400 million raised in its latest funding round values the company at $2.34 billion as it accelerates expansion into the US.
Microsoft Unveils AI upgrades, Rolls out Copilot Cowork to Early-Access Users
In a major push to upgrade AI offerings the software giant improved its Copilot research assistant to utilize multiple AI models simultaneously within the same ...
India Signals Acceptance of E-commerce Tariff Moratorium but Balks at US Push for Permanent Extension
India drops opposition to extending a global agreement not to impose tariffs on electronic transmissions like digital downloads but remains opposed to a US push ...
Sony to Hike PlayStation 5 Prices Again on Surge in Memory Chip Costs
Sony Group is raising its US console price by $100 in its second hike in less than a year as scarce memory chips drive up ...
BYD Posts First Annual Profit Decline in Over 4 Years
China's biggest electric vehicle maker was hurt by weak sales in its home market amid fierce EV competition.
SoftBank Secures $40 Billion Loan for More OpenAI Investments
Masayoshi Son's SoftBank Group will use the bridge loan to bolster its OpenAI investments as it continues to go all-in on the AI boom.
Huawei's AI Chip Earns Credibility with ByteDance, Alibaba Orders
The new 950PR chip challenge Nvidia in the China market as tech giants ByteDance and Alibaba plan to use it for their data center buildouts.
China's Top Chipmaker Supplied Chipmaking Tech to Iran Military, Says US
SMIC sent chipmaking tools to Iran's military, according to two senior Trump administration officials, raising questions about Beijing's stance in the month-old U.S.-Israeli conflict with ...
Oil Prices Head for Steepest Weekly Fall in 6 Months
Talk of a possible peace negotiations put oil prices on track Friday for an average of 1% drop for the week.
China's Industrial Profits Jumped in First Two Months
A 15.2% jump during the first two months was a far cry from the 0.6% growth throughout all of 2025, suggesting that China was emerging ...
Despite Volatility Korean Day Traders Keep Buying KOSPI After Its Recent Doubling
KOSPI's doubling in value during the six months preceding February 27 gives day traders reason to stick with it through recent turbulence.
Asia's Manufacturers Hit Hardest by Mideast Conflict
S. Korea, Japan, China and India are feeling the pain of crimped petroleum-based supply chains in everything from toys to cosmetics to food and beverages.
US Job Market Remains in Low-Hire, Low-Fire Mode
Initial jobless claims rose modestly to 210,000 for the week ended March 21, in line with economist forecasts.
Automakers Unveil New EVs Despite US Sales Downturn
Weaker demand after EV tax credits ended hasn't kept carmakers like GM and Volvo from releasing new models to stay on track toward an inevitable ...
McDonald's Draws Worried Consumers with $3 Menu Items and $4 Breakfast Deals
The Chicago-based fast-food giant addresses stressed consumer budgets with new menu items priced at $3 or less and a $4 breakfast meal deal, building on ...
US Trade Deficit Widened in February Despite Record Exports
The deficit was driven by the goods trade deficit with China, which increased to $13.1 billion in February from $12.5 billion in January, and with ...
Rivian Beats Q1 Estimates on Recovering EV Demand
Rivian Automotive exceeded analysts' expectations with 10,365 vehicles delivered, including its SUVs and R1T pickup trucks after a decline last year due to end of ...
China Adds 12 New Banks to Digital Yuan Program
China's central bank expands rollout of the digital yuan by adding major banks operators, including China CITIC Bank, China Everbright Bank, China Guangfa Bank and ...
Tesla Sales of China-Made EVs Rise for Second Straight Quarter
Model 3 and Model Y cars made in Tesla's Shanghai factory rose 8.7% from a year earlier to 85,670 vehicles in March.
Investors See Trump Speech As Extending Hormuz Closure
Investors heard Trump's speech as a sign that the Strait of Hormuz is unlikely to open soon, prolonging the impact of high oil prices on ...
Intel CEO Lip-Bu Tan to Pump More Millions into AI Startup SambaNova
Intel plans to invest another $15 million into a chip startup chaired by Tan with ambition to challenge Nvidia in AI inference chips.
Kia Looks to Restore EV Sales Volume in US with Lower-Priced Model
Kia announced plans to sell a low-priced EV model in the United States later this year to restore EV sales volume.
US Retail Sales Saw Solid February Increase Before US Strikes
February retail sales rose 0.6% on strong growth in autos and household goods after a Q4 slowdown and a revised 0.1% dip in January.
US Private Payrolls Continued Steady Growth in March Says ADP
Private employment rose by 62,000 jobs in March after 66,000 growth in February, solidly beating economist forecast of 40,000 jobs.
World Markets Rebounded Sharply on Quick Iran Peace Hopes
Signs the Iran conflict was de-escalating sent stocks soaring, bonds rallying and the dollar slumping Wednesday in the biggest market rally in three years.
Tesla Car Registrations Soared in Key European Markets in Turnaround
Tesla's March sales tripled in France and more than doubled in the Nordic countries due largely to new cheaper Model Y and Model 3.
China's Oil Stockpiles Protected Stocks from Iran Disruption
China was well prepared for an oil shock with big stockpiles and resilient energy supply chains, driving a positive outlook for investors as the rest ...
Nvidia's Dominance in China Erodes As Domestic Chipmakers Enjoy Bigger Share of AI Boom
Nearly 41% of China's AI accelerator server market went to Chinese firms as Beijing pushes to lower dependence on US GPUs and processors.
Hyundai 's March EV Sales in S. Korea Jumps 38% on Year
Despite a 2.3% decline in global sales, the Korean auto giant's domestic EV sales of 7,809 was up 38% from last March.
Japan Business Mood, Inflation Signs Both Rise
An interest-rate hike appears likely in April on a rise in both business sentiment and likelihood of corporate inflation.
TSMC to Launch 3-Nanometer Chip Production in Japan
The world's top contract chipmaker expects to begin mass production of cutting-edge 3-nanometer wafers in 2028 at its second Japan factory.
South Korea Enjoys Four-Decade High Export Boom on Chip Demand
March exports beat forecasts on an AI-driven chip boom, but the Middle East conflict casts shadow with supply disruptions.
China Factory Growth Continued 4-Month Run Amid Price Pressures
China's manufacturing sector enjoyed growth in both output and new orders but face sharply rising price pressures.
US Consumer Confidence Up Despite Sharp Drop in Job Openings, Hiring
Hiring fell to a six-year low in February, but consumer confidence unexpectedly surged in March despite the higher inflation likely this year.
Nvidia Invests $2 Billion in Marvell to Expand AI Footprint
The $2 billion investment in Marvell Technology is part of the chip giant's push to make it easier for customers to use Marvell's custom AI ...
Meta Unveils Two Ray-Ban Smart Glasses for Prescription Wearers
Meta's Ray-Ban prescription smart glasses will sell for $499, expanding its footprint in AI-powered devices.
Brent Crude Headed to Record Monthly Gain
Trump's Iran adventure boosted US West Texas Intermediate futures 54% this month while front-month Brent futures set an all-time record monthly gain of 58%.
Selloff of Contract Medical Research Firms Overestimates AI Impact
Shares of contract research organizations are falling on fears that AI may let drugmakers to take clinical trial work in-house but experts don't see a ...
Huawei 2025 Revenue Growth Barely a Tenth of 2024
China's leading smartphone maker reported feeble 2.2% growth in 2025 revenues as it continues to suffer from a 2020 US block on access to advanced ...
Zhipu Accelerates Pivot to Chinese Chips Amid that Nation's AI Boom
Zhipu AI CEO Zhang Peng said his firm is accelerating use of domestic chips to meet a rapid rise in computing demand since February.
Parent Geely CEO Urges Volvo Cars to Get More Aggressive in Leveraging Global Partnerships
Geely Holding Chairman Li Shufu pressed its Volvo Cars subsidiary to deepen cooperation with sister brands Polestar and Geely Autos to boost R&D capabilities in ...
Amazon, Delta Team Up to Challenge Starlink for In-Flight Wi-Fi Business
Amazon's Leo internet unit is getting aggressive in launching satellites and signed a deal with Delta Air Lines to provide in-flight Wi-Fi on 500 of ...
Toyota Joins Volvo, Daimler Truck in Hydrogen Fuel Cell Venture
The carmakers aim to make hydrogen fuel cells a non-polluting and energy-efficient alternative to internal-combustion engines for heavy-duty trucks for which unit cost is less ...
Korean Air to Shift to Emergency Mode in April Amid Oil Shock
An internal memo says Korean Air will follow T'way Ai and Asiana into emergency management mode to cope with the oil price rise triggered by ...
Oil Falls 1% on Report Trump Open to Ending Campaign Without Hormuz Reopening
Brent crude futures for May slipped $1.22 to $111.56 per barrel Trump's statements to aides reversing Monday's threat to "obliterate" Iran's oil infrastructure.
China's Manufacturing Growth Hits 1-year High Despite Mideast Conflict
China's March factory activity grew at the fastest pace in a year on improving demand despite global supply chain strains and oil price market volatility.
Samsung SDI to Lend $1.05 Bil. to Stellantis JV StarPlus Energy
South Korea's EV battery giant plans to lend 1.6 trillion won ($1.05 billion) to StarPlus Energy, its battery joint venture with Stellantis.
China Southern Returned to Profit in 2025, Ending 5 Years of Losses
China Southern, one of China's Big 3 state-owned carriers, reported Monday a net profit of 857 million yuan ($124.01 million) in 2025 for its first ...
BYD Expects to Hit 1.5 million Overseas Car Sales in 2026
China top carmaker is "highly confident" of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher.
US Airlines Face Fuel-Driven Shakeout
High fuel costs and flight cuts are likely to drive weaker carriers to sell routes, assets or equity at a discount to their stronger rivals.
South Korea AI Chip Startup Rebellions Raises $400 Million in Latest Funding Round
The $400 million raised in its latest funding round values the company at $2.34 billion as it accelerates expansion into the US.
Microsoft Unveils AI upgrades, Rolls out Copilot Cowork to Early-Access Users
In a major push to upgrade AI offerings the software giant improved its Copilot research assistant to utilize multiple AI models simultaneously within the same ...
India Signals Acceptance of E-commerce Tariff Moratorium but Balks at US Push for Permanent Extension
India drops opposition to extending a global agreement not to impose tariffs on electronic transmissions like digital downloads but remains opposed to a US push ...
Sony to Hike PlayStation 5 Prices Again on Surge in Memory Chip Costs
Sony Group is raising its US console price by $100 in its second hike in less than a year as scarce memory chips drive up ...
BYD Posts First Annual Profit Decline in Over 4 Years
China's biggest electric vehicle maker was hurt by weak sales in its home market amid fierce EV competition.
SoftBank Secures $40 Billion Loan for More OpenAI Investments
Masayoshi Son's SoftBank Group will use the bridge loan to bolster its OpenAI investments as it continues to go all-in on the AI boom.
Huawei's AI Chip Earns Credibility with ByteDance, Alibaba Orders
The new 950PR chip challenge Nvidia in the China market as tech giants ByteDance and Alibaba plan to use it for their data center buildouts.
China's Top Chipmaker Supplied Chipmaking Tech to Iran Military, Says US
SMIC sent chipmaking tools to Iran's military, according to two senior Trump administration officials, raising questions about Beijing's stance in the month-old U.S.-Israeli conflict with ...
Oil Prices Head for Steepest Weekly Fall in 6 Months
Talk of a possible peace negotiations put oil prices on track Friday for an average of 1% drop for the week.
China's Industrial Profits Jumped in First Two Months
A 15.2% jump during the first two months was a far cry from the 0.6% growth throughout all of 2025, suggesting that China was emerging ...
Despite Volatility Korean Day Traders Keep Buying KOSPI After Its Recent Doubling
KOSPI's doubling in value during the six months preceding February 27 gives day traders reason to stick with it through recent turbulence.
Asia's Manufacturers Hit Hardest by Mideast Conflict
S. Korea, Japan, China and India are feeling the pain of crimped petroleum-based supply chains in everything from toys to cosmetics to food and beverages.
US Job Market Remains in Low-Hire, Low-Fire Mode
Initial jobless claims rose modestly to 210,000 for the week ended March 21, in line with economist forecasts.
Recent Stories
Asian American Success Stories
- Asian American Polls
- Asian American Parenting
- Personalities
- Identity
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women