Japan stocks higher at close of trade; Nikkei 225 up 0.09%
Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Chemical, Petroleum & Plastic and Insurance sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.09% to hit a…
Taiwan says exclusion from new US curbs on AI tech should ‘give confidence’
TAIPEI (Reuters) – Taiwan’s exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should “give confidence” about Taipei’s own controls and respect for the law, the island’s government said on Wednesday. The U.S. said on…
Explainer-China’s RedNote: what you need to know about the app TikTok users are flocking to
BEIJING (Reuters) – Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the…
TikTok prepares for immediate US shut-off on Sunday – The Information
Investing.com– TikTok, the widely popular short-video platform, is bracing for a potential shutdown in the United States as early as this Sunday, The Information reported on Wednesday citing sources familiar with the matter. This development follows heightened scrutiny and increasing…
China’s growth faces headwinds from US tariffs and property woes, says UBS
Investing.com– China’s economic growth is expected to slow to 4.0% in 2025 as it contends with potential US tariff hikes and ongoing property sector challenges, according to a UBS research note. The tariffs, anticipated to be announced in the first…
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the…