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Pop Mart shares rise in volatile trading after Labubu-maker posts near-400% profit surge
Pop Mart shares rise in volatile trading after Labubu-maker posts near-400% profit surge

Pop Mart has seen booming global demand for its Labubu plushies that have become a worldwide sensation.

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Aug 20, 2025
Asia markets track Wall Street declines; Japan exports notch steepest drop in over four years
Asia markets track Wall Street declines; Japan exports notch steepest drop in over four years

Asia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan's trade data and China's loan prime rate decision.

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Aug 20, 2025
SoftBank Group shares plunge over 9% as Asian tech stocks decline
SoftBank Group shares plunge over 9% as Asian tech stocks decline

Losses were also seen in other technology stocks in South Korea, Taiwan and Hong Kong.

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Aug 20, 2025
Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds: Reuters
Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds: Reuters

U.S. Commerce Secretary is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding.

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Aug 20, 2025
Japan's July exports clock steepest plunge in over four years, dropping by a more than expected 2.6%
Japan's July exports clock steepest plunge in over four years, dropping by a more than expected 2.6%

The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.

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Aug 20, 2025
Silicon Valley's AI deals are creating zombie startups: 'You hollowed out the organization'
Silicon Valley's AI deals are creating zombie startups: 'You hollowed out the organization'

Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from startups, leaving behind shell companies.

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Aug 20, 2025
S&P 500 futures are little changed as investors await retail earnings, Fed minutes: Live updates
S&P 500 futures are little changed as investors await retail earnings, Fed minutes: Live updates

The S&P 500 and Nasdaq are coming off a losing session.

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Aug 19, 2025
Trump expands 50% steel and aluminum tariffs to include 407 additional product types
Trump expands 50% steel and aluminum tariffs to include 407 additional product types

President Donald Trump has often relied on sector-specific tariffs to enact his sprawling trade agenda.

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Aug 19, 2025
Trump vows to target 'woke' museums with same playbook used on Columbia, Harvard
Trump vows to target 'woke' museums with same playbook used on Columbia, Harvard

Trump's call for a repeat of his approach to colleges and universities suggests Smithsonian museums' funding could become a major pressure point.

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Aug 19, 2025
From sweet treats to protein boosts, chains are banking on beverages to drive sales
From sweet treats to protein boosts, chains are banking on beverages to drive sales

Chains like McDonald's, Starbucks and Dutch Bros are banking on new beverages to drive sales, particularly from Gen Z consumers.

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Aug 19, 2025
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