Asia’s factories closed 2025 with stronger activity and rising export orders, signaling optimism for 2026 after months of slower growth.
Asia Factories End 2025 Stronger as Orders Rise
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Blogs
Trump to Announce New Fed Chair Early in 2026
President Donald Trump said he plans to announce his nominee for Federal Reserve chair early next year, ahead of Jerome Powell’s term end in May 2026.
Erie Art Museum Declines to Return Painting Deemed Abandoned
The Erie Art Museum is refusing to return a watercolor it says was abandoned decades ago, leading the late artist’s daughter to challenge the decision in court.
Trump Auctions Jesus Painting for $2.75M at Mar-a-Lago
Donald Trump rang in 2026 at Mar-a-Lago with a New Year’s Eve gala that featured a charity auction of a live-painted Jesus portrait, which sold for $2.75 million.
China to Control Steel Output From 2026 to 2030
China said it will continue regulating steel production from 2026 to 2030 to curb overcapacity and support long-term industry reforms.
Oil Prices Hold Steady as Markets Weigh Supply Risks
Oil prices remained steady in thin year-end trade as investors balanced supply risks with subdued market activity.
Nvidia to Buy AI Chip Startup Groq for About $20 Billion
Nvidia is reported to be acquiring AI chip startup Groq for around $20 billion, marking one of its largest deals as demand for AI hardware grows.
China Launches Major Venture Funds to Back Hard Technology
China has launched large state-backed venture capital funds to invest in early-stage hard technology firms across strategic sectors.
Indian Stocks End Week Lower as Year-End Trade Remains Thin
Indian stock benchmarks edged lower on Friday as thin year-end trading and profit-taking trimmed recent gains.
Wall St Eyes S&P 500 at 7,000 as 2025 Ends on Strong Note
Investors look for U.S. stock markets to finish 2025 strong, with the S&P 500 near a historic 7,000 level and solid equity gains across major sectors.
