Month: January 2026
Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asian equity markets are attracting global investors, with a surge in initial public offerings, rising cross-border flows, and accelerating deal activity underscoring the region’s growing importance in global capital markets, according to senior executives at JPMorgan and Goldman Sachs. […]
Read More
Meta to test premium subscription plans for Instagram, Facebook and WhatsApp
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months, according to a report from TechCrunch […]
Read More
Microsoft’s plans for 15 more data centers win approval at former Wisconsin Foxconn site
The Microsoft data center campus, currently under construction, is reflected in Mount Pleasant, Wisconsin, September 18, 2025. Audrey Richardson | Reuters Local officials have signed off on Microsoft’s plans to build 15 more data centers in Mount Pleasant, Wisconsin, near an existing site that the technology company is expanding. Additional data center capacity will allow […]
Read More
China’s industrial profits rise 0.6% in 2025, accelerating in December as output expands despite weak demand
NINGBO, CHINA – JANUARY 22: Employees work on the production line of snowboards at a workshop to meet the orders on January 22, 2026 in Ningbo, Zhejiang Province of China. He Yuankai/Zhejiang Daily Press Group | Visual China Group | Getty Images China’s industrial profits rose 0.6% in 2025 from a year earlier, snapping three […]
Read More
CNBC Daily Open: Trump turns tariff pressure back on South Korea — but markets are focused on Big Tech earnings
A view from an observatory in Seoul, South Korea, on Monday, Oct. 20, 2025. Jean Chung | Bloomberg | Getty Images U.S. President Donald Trump has been using tariffs in creative ways: to stop drug trafficking (ostensibly), to preserve national security aims (purportedly) and, now, to hasten the legislative process in another country. Trump on […]
Read More
South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Shares of South Korean autos tumbled Tuesday after U.S. President Donald Trump took aim at the country overnight, saying he would increase tariffs on Asia’s fourth-largest […]
Read More
Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay
U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s […]
Read More
TikTok uninstalls are up 150% following U.S. joint venture
TikTok users have been deleting the app at a higher rate since the company announced that its U.S. operations would be housed in a new joint venture. The short-form video platform’s daily average app uninstalls in the U.S. have increased nearly 150% over the past five days compared with the previous three months, market intelligence […]
Read More
Tech’s top CEOs mum after Minneapolis killings, while leaders like Reid Hoffman, Yann LeCun speak out
Demonstrators gather on Michigan Avenue during a heavy snowstorm to protest against U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) in Chicago, US on January 25, 2026. Jacek Boczarski | Anadolu | Getty Images Some tech leaders are beginning to speak out after the shooting of ICU nurse Alex Pretti in […]
Read More
Nike to cut 775 employees as it accelerates ‘automation’ at U.S. distribution centers
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, California, US, on Wednesday, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of “automation,” CNBC has learned. The layoffs, which […]
Read More