Latest Business News
TSMC Reports Blowout Earnings, Ignites AI Trade Rally
TSMC's strong outlook after blowout earnings led to a 2.5% surge in opening trade and highest US listing volume in nine months. The CFO plans increased spending to meet demand, dismissing data center power constraints. Chip stocks like Alibaba rose sharply.
US and Taiwan Clinch Tariff and Chip Investment Deal
The US and Taiwan secured a trade deal on tariffs and chip investments, providing stability for companies. This addresses tech gaps and supports AI fervor amid TSMC's performance. The agreement is highlighted in multiple business updates.
China's PBOC Cuts Structural Tool Rate, Signals More Easing
People's Bank of China to cut rate Monday amid shrinking loan demand, seeing space for further easing this year. This steps up economic support as HS tech stocks gain 1%.
Coinbase Expands into Stock Offerings for Blockchain Markets
Coinbase launches stock offerings, with CEO Brian Armstrong confident in long-term dominance as a bridge to blockchain finance. This move positions the firm beyond crypto into traditional assets.
Office Spaces Evolve with Hotel-Like Amenities for Hybrid Work
Employers add luxury features like cold plunges, nap pods, and meditation rooms to attract hybrid workers, as the 'genie is out of the bottle.' New rules demand thinking like hotels.
Anthropic Research: AI Reshapes Jobs Without Wiping Them Out
New Anthropic data shows AI won't eliminate jobs overnight but will redraw who wins, struggles, and how roles change. It challenges fears of immediate job losses.
Former OpenAI Chief Launches Institute for Independent AI Audits
Miles Brundage debuts an institute calling for independent safety audits of top AI labs to ensure accountability. This addresses risks in frontier AI development.
Canada and China Push to Expand Energy Deals Amid US Tensions
Canada cozies up to China with energy deal expansions as Trump turns up heat. This counters US trade pressures.
China Clamps Down on High-Speed Traders
China introduces measures against high-speed trading to stabilize markets. This follows economic support announcements.
Flash PMI Data to Reveal Early 2026 Economic Trends
Upcoming flash PMIs for US, eurozone, Japan, UK, and others will provide first January insights on growth, inflation, and labor amid geopolitical tensions. China's GDP and US/UK inflation also due.
Germany Faces Export Slump from US Tariffs and China Competition
German exports sag due to Trump-era US trade policies, higher energy costs post-Ukraine war, and Chinese rivalry in autos and machinery. Economy in extended stagnation.
AI Integration in Healthcare Shifts Focus to Outcomes
With AI baked into healthcare, CEOs prioritize patient and staff outcomes. This reflects maturing tech adoption.