China’s ByteDance just surged to a US$500 billion valuation on private markets, up from US$400 billion earlier this year, as it finalizes a survival strategy in the US. TikTok's CEO Chew Shou Zi announced a binding agreement to spin off the US entity into a

Wall Street’s rush into stablecoins and tokenized assets dominates headlines in 2025, with JPMorgan and BlackRock launching on-chain funds for multi-million-dollar trades. But the real shift is subtler: decentralized finance (DeFi) platforms like Hyperliquid and Coinbase’s integration of Jupiter for Solana trading are quietly reclaiming market share. This

The narrative that a shrinking trade deficit equals economic progress in the United States is widely accepted but deeply misleading. President Donald Trump has aggressively touted reduced trade deficits and rising tariff revenues ahead of the 2025 midterm elections as proof of his America First economic policies working. Yet beneath

Huawei just cut prices on its widescreen foldable, the Pura X, by as much as 800 yuan (US$114), setting the base price at 6,899 yuan ahead of launches from Samsung and Apple. The Shenzhen-based giant’s move comes as the foldable market braces for a major upgrade cycle

In 2025, Nike faced a harsh reality: revenue dropped 10% to $11.6 billion, after a stagnant 2024. Nike's CEO Elliott Hill, who returned in late 2024, launched a radical turnaround focusing on sports-centric culture and operational overhaul. But this isn’t just a branding reset—it’s

Hong Kong has long positioned itself as a premier IPO hub, but the recent suspension of Charles Li Xiaojia’s fund Micro Connect International Finance (MCIF) IPO exposes hidden frictions. Charles Li, former CEO of Hong Kong Exchanges and Clearing (HKEX), halted MCIF’s public listing citing extended timelines delaying

The global auction market is rebounding with Sotheby’s, Christie’s, and Phillips projecting a combined US$14.1 billion revenue for 2025, a 10% increase from 2024. Despite this global uptick, Asia’s auction revenue remains subdued compared to Western markets. Christie’s CEO Bonnie Brennan credits a strong

Hong Kong is no longer just a gateway among global financial centers; its evolving role as a superconnector between China and the world is entering a new phase amid rising volatility. At Standard Chartered's inaugural Hong Kong Business Summit 2025, key leaders examined strategies to unlock growth through

AI chip financing faces hidden risks as tech firms refresh hardware faster than credit markets can price. Diameter Capital Partners, managing about $25 billion, cracked this by betting on less obvious AI infrastructure: telecom fiber and satellite spectrum. In 2023, Diameter Capital bought unsecured debt of a midsize telecom that

China’s equity markets defied global expectations in 2025 with the CSI 300 Index climbing 17% and the Hang Seng Index soaring almost 30%. Goldman Sachs forecasts this momentum to continue in 2026 as geopolitical tensions ease and household savings flow aggressively into stocks. But this isn’t just a

Traditional cybersecurity teams spend billions annually patching bugs, yet AI security demands a new skill set that most organizations lack. Sander Schulhoff, an AI security researcher, warns that firms are unprepared for failures unique to large language models. This gap stems from a fundamental mismatch: you can patch software bugs,

The global GPU market is dominated by giants like Nvidia, often overshadowing emerging players. Shanghai Biren Technology plans to raise HK$4.85 billion (US$624 million) through its Hong Kong IPO, marking the mainland’s first listed GPU developer, with trading set for January 2, 2026. But this move

Divisions over antisemitism cost political capital but deepen influence battles within the Republican Party. JD Vance’s call to reject “purity tests” at Turning Point USA’s 2025 convention signals a strategic repositioning ahead of the 2028 presidential nomination. This move isn’t about ideology alone—it’s about preserving

Visa appointment delays of up to 12 months are hitting H-1B visa workers worldwide, driven by new U.S. social media screening rules. Google, Apple, Microsoft, and ServiceNow have all issued memos cautioning international travel for their visa-holding employees. This disruption is not just bureaucracy—it's a shift

Chinese consumers once equated basketball shoes with Nike and Adidas, paying premium for global logos and athlete endorsements. China’s local brands have disrupted this by shifting consumer loyalty using culturally resonant narratives and tech-enabled direct distribution. This is not simply brand decline—it’s a systematic repositioning of market

China’s automotive market faces a slowdown even as it stands as the world’s largest electric vehicle (EV) arena. China recently approved the mass production of Level 3 (L3) self-driving cars, which enable drivers to be hands-free under specific conditions, with nearly 270,000 vehicles expected to hit roads

China’s government-backed robotics firms have upended global dynamics in consumer robotics over the last five years. iRobot, the original pioneer behind the Roomba vacuum, filed for Chapter 11 in December 2025 and is now being acquired by its primary contract manufacturer, Picea Robotics, a Chinese company. But the deeper

Power disruptions affecting 130,000 Pacific Gas & Electric customers in San Francisco forced Waymo to suspend its robotaxi service during a major blackout. Waymo’sautonomous ride-hailing where reliance on static, externally maintained infrastructure meets real-world instability. While Tesla CEO Elon Musk claimed his Tesla Robotaxis remained unaffected, Waymo depends

The next Republican presidential election is shaping up far differently than previous successions, with factional fractures quietly redefining party control. Turning Point USA, a key conservative youth organization, just endorsed Vice President JD Vance for 2028 at its AmericaFest convention, aiming to transfer grassroots energy into early primary momentum. But

While the U.S. faced political headwinds in sustainability, China accelerated its clean energy expansion with unprecedented scale. China installed more solar capacity in the first half of 2025 than the rest of the world combined, surpassing the entire U.S. 2023-24 additions in a single month. But this isn’

Blind box toys typically rely on surprise and scarcity to drive sales. Pop Mart, the Chinese toymaker behind Labubu dolls, just launched the second edition of Playground magazine for 39.9 yuan (about US$5.7). This move goes beyond toys—it's about building a self-sustaining intellectual property

Wall Street’s recent layoffs at giants like JPMorgan, Goldman Sachs, and Morgan Stanley sparked headlines citing AI as a job killer. But the reality in 2025 is far more measured: these firms’ overall headcounts are stable or even slightly growing despite AI investments. The real leverage play isn’t

Rapid City, South Dakota, is a flashpoint for racial tension, with at least 8% of its 80,000 population identifying as Native American. The recent federal jury ruling against the Grand Gateway Hotel owner for banning Native Americans unveils much more than a legal dispute. The NDN Collective, an Indigenous

Enterprise AI adoption remains stuck because teams often miss the core leverage point—aligning talent with AI tools to redefine workflows. Collibra, valued at $5.2 billion and trusted by McDonald’s and Adobe, is now demanding AI fluency from new hires. This is not just about skill but about