News on Finance/Business

April 19th - April 25th, 2025

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Saturday/Sunday - April 19th - 20th

• DHL Express suspends business-to-consumer shipments to US

• They sold their likenesses to AI companies. Now they regret it

• Louis Vuitton, Gucci owners face tough times in China amid trade war, property slump

• Who is the female engineer leading China’s challenge to Boeing and Airbus?

• From gifted student to AI hero, DeepSeek founder inspires a nation

• Chinese team’s AI paper paved the way for ChatGPT. Greater glory awaits by 2030

• Nvidia boss meets Shanghai mayor in wake of new US export controls on chips

• Tencent-backed Hero Esports leverages AI in bid to become global leader

• Can AI replace travel agents? Holiday app start-ups take on the big players

• Strollers and other baby products will get more expensive – and harder to find – with tariffs

 

Monday - April 21st

• Trump’s Fed feud sparks market turmoil, dollar dips, gold hits record high

• TSX closes in red as Trump's Fed criticism shakes markets

• Wall Street and the dollar tumble as investors retreat further from the United States

• Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence

• Google faces off with US government in attempt to break up company in search monopoly case

• Decoupling may offer silver lining for IPOs

• China is weaning itself off US soybeans as decade-long outlook comes into view

• Chinese tech giants race to expand AI services market via open-standard protocol

• Yuan trade settlements on rise amid ‘soaring volatility’ in US Treasury market

• HKEX’s move to explore cutting stock trading settlement time gains broad support

• US toy retailers fear ‘really difficult Christmas’ as China tariffs bite

• GenAI spending can unlock ‘co-working’ potential in financial sector

• Malaysia Airlines looks to profit from China’s Boeing halt

• Hong Kong e-commerce, US consumers expected to take the hit from DHL suspension

• Why China’s onshore stocks have weathered global turmoil and volatility

• Trump tariff storm can’t take shine off US property market

• CATL to mass-produce cheaper, efficient sodium-ion EV batteries

• China’s humanoid robot sector enters mass production in 2025

• Sellers of secondhand clothes prepare for tariffs to give their businesses a boost

• Chipotle heads south of the border with opening of 1st location in Mexico

• Shell to complete survey at Venezuela gas field as license wind-down approaches

• US judge confirms Red Tree's offer as starting bid in Citgo parent's auction

• The horse-racing industry needs workers on visas. Employers hope to still get them

 

Tuesday - April 22nd

• US-led global order took decades to build. Trump dismantled it in 100 days

• Trump's Fed backflip sets off relief rally

• Wall Street rallies and recovers Monday’s losses as the dollar and US bond market steady

• Gold soars to a new high as economic uncertainty deepens.

• TSX rises to near 3-week high on trade war optimism

• Chinese tech companies eye US listings amid market turmoil, trade war

• After a whirlwind month, how will China’s Politburo counter Trump’s tariffs?

• BILLION-DOLLAR PLUNGE: Tesla sinks, Elon Musk’s bombshell announcement

• Tesla profit plummets 71 per cent, Elon Musk vows to spend more time on carmaker

• Tesla extends 0% incentives for EV buyers in China amid worldwide slump in sales

• Roche to invest $50 billion in US to avoid Trump tariffs, create 12,000 jobs

• US Treasuries remain top haven asset despite tariffs, volatility, analysts say

• Hong Kong stocks rise on China stimulus hopes, ignore Wall Street sell-off

• US says internet’s ‘future at stake’, urges court to break up Google

• Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion

• Barrick Gold said to seek buyers for its last mine in Canada, Bloomberg News reports

• Brazil's 2025/26 coffee output forecast to decline by up to 6.4%

• Brazil's Embraer ends Q1 with backlog at $26.4 billion

• Meet Meta CEO Mark Zuckerberg’s sister Randi, who once worked at Facebook

• EV makers urged to boost safety in self-driving systems after Xiaomi SU7 crash

• Chinese robotics star Unitree opens Hangzhou factory amid humanoid frenzy

• PDD and Futu among US-listed firms eligible for Hong Kong move: Goldman

• Does Trump have authority to sack US Fed boss Jerome Powell?

• Air India eyes Boeing planes rejected by China as Trump tariffs reshape aviation

• China cracks quantum code barrier. For how long will our data be safe?

• China rolls out plan to promote its own payment system as US trade war simmers

• Huawei to roll out AI chips this year as potential alternative to Nvidia’s H20

• China’s iFlytek touts reasoning model trained entirely with Huawei’s AI chips

• Swiss franc's surge on tariff turmoil pressures SNB to act

• Swiss pharmaceuticals company Roche announces $50B investment in US over next 5 years

• How companies are responding to Trump's tariffs

• The Great AI Lock-In Has Begun

 

Wednesday - April 23rd

• US Treasury head calls tariff war with China unsustainable and says it will ease

• China-US tariff resolution likely to drag on, Franklin Templeton says

• Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed

• Two major law firms urge judges to permanently block Trump’s executive orders

• US will aim for UK to cut its automotive tariff to 2.5% from 10%, WSJ reports

• U.S. could dip into recession on trade war, French central banker says

• Trade war upends Chinese firms’ US gas contracts, plans: S&P Global

• Tencent tops Chinese mutual funds’ holdings as Hong Kong stocks gain traction

• As Trump’s tariffs hit US allies hard, will China make inroads?

• Apple, Meta slapped with monster $1.2bn fine

• Apple fined $890m and Meta $356m for breaching new EU laws

• Nvidia CEO Jensen Huang lobbies Japan to boost power generation for AI

• Nvidia supplier SK Hynix unseats Samsung as world’s DRAM chip leader on AI boost

• China’s memory chip giant issues rare recruitment ad for Japan unit

• Flurry of Chinese AI updates come amid tightening Nvidia restrictions

• Chinese robotaxi firm Pony.ai eyes global expansion, unveils 3 models

• Shanghai chip firm doubles quarterly profit as China expands supply chain role

• Novavax shares soar after FDA request raises hope for COVID vaccine approval

• ‘Most expensive in world history’: CBA stuns

• Chinese EV makers take spotlight as Tesla skips Shanghai Auto Show

• EVs, tariffs in the spotlight as Chinese automakers take leading role at Shanghai auto show

• China’s energy-storage sector in trouble as price war, tariffs dent outlook

• OpenAI would buy Google’s Chrome if court orders it to be spun off

• Hang Seng Index crosses 22,000 on hopes of a thaw in US-China trade tensions

• Sales of keepwell bonds to shrink after ‘epic, unproductive’ court fight: S&P

• Intel to announce plans this week to cut over 20% of staff

• Tesla’s robot project faces ‘magnet issue’ after China’s rare earth curbs

• In AI race against US, China is racking up real-world wins

• ‘Going to get worse’: Americans sour on ‘erratic’ Trump’s handling of economy

• Alibaba.com climbs in US shopping app charts as consumers hunt for bargains

• Hong Kong supporting European business collaboration surge in Qianhai

• Pastor calls for ‘full Target boycott’ over concerns about diversity, equity, inclusion

• Boeing doesn’t expect the US trade war with China to slow its recovery

• US oil refiners' Q1 profits likely fell despite stronger margins

• Tankers chartered by Chevron to move Venezuelan crude seek other business

• Baker Hughes forecasts drop in producer spending as tariffs pinch demand

• Hyundai Motor shifts output of Tucson SUV from Mexico to US in response to tariffs

• Complaints about ransomware attacks on US infrastructure rise 9%, FBI says

• FBI says cybercrime costs rose to at least $16 billion in 2024

• Tariffs restrain US business activity, boost asking prices for products

 

Thursday - April 24th

• Wall Street’s rally roars into a 3rd day as companies’ profits keep piling up, for now at least

• Trump trade war spreads more gloom across businesses worldwide

• US labor market holds steady for now; tariffs keep businesses on edge

• From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals

• Tech giant’s return-to-office demand

• Nvidia supplier SK Hynix’s profit soars on AI demand boost

• TSMC shows off new tech for stitching together bigger, faster chips

• ‘Nothing like this in US’: for China’s robot makers, Trump’s tariffs don’t bite

• Most Americans expect higher prices as a result of Trump’s tariffs, a new AP-NORC poll finds

• What P&G, Pepsi and other companies are saying about tariffs

• Novo Nordisk's stellar Wegovy-fuelled run of hiking sales guidance could be ending

• A small U.S. town grew a big company. Can it weather the tariff blizzard?

• Oil companies expected a big business boom under Trump. Now they're worried

• Sales of Hard Drives for the End of the World Boom Under Trump

• This Website Is Running on a Wii

• Payment Processors Force AI Site Civitai to Remove Incest and Diapers

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Friday - April 25th

• Some European companies wary of expanding in US amid tariff chaos

• Swiss National Bank warns of economic fallout from trade conflict

• Why Trump’s call for the Fed to cut interest rates may not help consumers

• Higher taxes on millionaires? Trump says he’s open, but many in his party are not

• Big Tech carries Wall Street to the close of its winning, roller-coaster week

• Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show

• German, Japan carmakers embrace Chinese AI as Tesla awaits Beijing’s nod on FSD

• Pure EVs regain market share in China on lithium cost, battery technology

• Baidu offers new AI models at lower cost than DeepSeek’s products

• China waives retaliatory tariffs on some US chip imports, report says

• US-China trade war drives demand for Intel’s older chips

• TikTok owner weighs data center project in Brazil, sources say

• China's Leapmotor to supply EV platform to Hongqi

• China’s data protection rules prompt pause from major European research funders