TikTok has spent the past three years trying to convince U.S. lawmakers that it can operate in the United States independently of its Chinese parent company, ByteDance. But after a series of recent personnel changes, some employees aren't so sure. Since the beginning of the year, a number of senior executives have moved from ByteDance to TikTok, taking some of the top positions in the revenue-generating business of the popular video-sharing app. Some of the execut ... 阅读全文

On its way to the top of the online search market, Google is playing hardball with Apple (AAPL) and Samsung Electronics (005930.SE). The two partners are key to making Google's search engine the default choice on most smartphones around the world. A landmark antitrust trial that began this month in Washington, D.C., has provided the public with details of Google's tactics. The case offers a rare public glimpse into how Google has solidified its position as the mai ... 阅读全文

The summer selloff in U.S. government bond prices has intensified since Labor Day, taking a toll on some of the hottest sectors of the U.S. stock market. Many investors had hoped for some breathing room in the fall after nearly two years of declines in Treasury prices that repeatedly beat Wall Street's expectations. Today, the yield on the 10-year Treasury note has risen above 4.5 per cent, a 16-year high. The 10-year yield is a key benchmark for borrowing costs ... 阅读全文

With the conclusion of the policy decision meetings of the central banks of Japan and the United States, the depreciation pressure of the yen is likely to increase this week. As US interest rates rose, with the spread between Japan and the US widening to its highest level in 10 months, money flowed easily into the dollar. With the exchange rate approaching the Y150 to the dollar mark, the market has become more wary of intervention to buy the yen. Of the series o ... 阅读全文

The U.S. economy has sailed through some rapids this year, but now faces the risk of a confluence of risks that could create more turbulence for the economy. The list of risks facing the economy this fall includes a widening strike by auto workers, a prolonged government shutdown, the resumption of student loan payments and rising oil prices. Each of these challenges won't do much harm on its own. But the combination of these factors could be even more damaging, ... 阅读全文

Chinese regulators have taken a novel approach to prop up the country's slumping stock market by banning major shareholders in many companies from selling shares. China's $11tn A-shares have fallen this year after A post-pandemic rally, hit by a weak economy, foreign capital outflows and growing nervousness among small investors. The CSI 300 index of the 300 largest stocks in Shanghai and Shenzhen is down 4.1 per cent so far this year. The index had fallen in each ... 阅读全文

The surging popularity of shopping platforms Temu and Shein among U.S. consumers has touched a nerve at Amazon.com (AMZN), and the e-commerce giant is trying to figure it out. While Amazon has been fending off challenges from rivals like Walmart (WMT) and Target (TGT) for years, Temu and Xiyan, two companies with roots in China, are tapping into consumer demand for low-priced goods that don't require quick delivery. Amazon hasn't taken any steps to match the pri ... 阅读全文

The focus of monetary tightening in the United States is shifting from the end point of the benchmark interest rate to the duration of high interest rates. While the Federal Reserve is confident of a soft landing for inflation while avoiding a sharp deterioration in the economy, negative factors such as the strike in the auto industry and the high price of crude oil are mounting. An overly strong US economy risks excessive monetary tightening. "We have been tryin ... 阅读全文