Financial News

Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.

The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.

The yuan has come under pressure following Donald Trump’s victory in the U.S. presidential election.

The growing size of data centers is raising questions about power, land and the environment.

Policy stances from the incoming Trump administration, bullish quarterly earnings and an “Elon Musk premium” led to lofty stock returns, experts said.

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their “bribery scheme.”

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Japan’s trade deficit expanded to 461.2 billion yen ($2.98 billion), compared to September’s revised figure of 294.1 billion yen.

Chinese Vice Premier He Lifeng and several top financial policymakers have gathered at the third Global Financial Leaders Investment Summit.

All of the “Big Four” companies, except JYP Entertainment, posted falls in profits for the third quarter of 2024.