Media

We're now very much at war with China, argues a provocative new book

7 days ago   |   By Tech Crunch

If China once seemed to be committed to the free market economy, over the course of 2021, it has shattered that illusion entirely by abruptly disempowering its own tech companies and turning up the dials on media censorship at the direction of a president who, three years ago, oversaw the erasure of presidential limits from the country's constitution. (These were a short-lived experiment, in any case, given that China has been “dominated for thousands of years by absolute monarchs,” as NPR noted at the time, with term limits first introduced in the 1980s.)
The U.S., and Silicon Valley in...
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The energy market is a huge mess right now and threatens to turn the high inflation of 2021 into a terrible new economic era

7 days ago   |   By Business Insider

Smoke streams from the chimneys of the E.ON coal-fired power station in Gelsenkirchen, Germany in 2014.
AP Images/Martin Meissner
The world is stuck in a dire energy crunch. It's affecting everything from gas prices to shipping times.
Countries are struggling to source coal, natural gas, oil, and renewable energy as supply-chain problems linger.
The crunch is already driving energy costs higher and threatens to keep inflation at concerning highs.
You're paying $3.29 per gallon to fill your car when it cost $2.29 at the start of the year. Your online orders are arriving way later than...
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Japan OKs plan to push clean energy, nuclear to cut carbon

TOKYO - Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country's pledge of reaching carbon... Read more ...

Asian shares mixed after S&P 500 squeaks to new record high

Asian shares were mixed Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high. Benchmarks rose in Hong Kong and Tokyo but fell in Sydney and... Read more ...

China's Lipstick King sold an astonishing $1.7 billion in goods in 12 hours...

Austin Li Jiaqi. VCG/Getty Images China's livestreaming star Austin Li Jiaqi - also known as the "Lipstick King" sold about $1.7 billion worth of goods in 12 hours. He was... Read more ...

Inflation Hasn't Hurt Consumer Giants Nestle, Unilever - Yet

Rising prices have helped boost the world's biggest consumer-goods companies. But this might be as good as it gets for a while. Read more ...

China's NetEase buys No More Heroes maker Grasshopper Manufacture

China's NetEase buys No More Heroes maker Grasshopper Manufacture

NetEase has agreed to buy Grasshopper Manufacture, the maker of games such No More Heroes, Killer7, and Lollipop Chainsaw. Read more ...

Nissan ex-chair Ghosn set on restoring reputation

TOKYO - Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn't about to settle into quiet retirement. The... Read more ...

Asia-Pacific Daily Briefing: Japan's Inflation Inches Up on Higher Energy Prices

Energy and imports will drive inflation in coming months. Read more ...

Report: Struggling Chinese developer makes bond payment

Report: Struggling Chinese developer makes bond payment

BEIJING - A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired $83.5 million on Friday to make an... Read more ...

Hedge Funds Are Thriving Amid Inflation-Wary Markets

The industry still needs to deliver better returns to justify its existence. Read more ...

Meghan McCain said Ivanka Trump and Jared Kushner were 'funeral crashers'...

Meghan McCain said she was angered to see Ivanka Trump and Jared Kushner at her father's memorial service in 2018. Tom Williams/CQ Roll Call via Getty Images; Mark Wilson/Getty... Read more ...