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TikTok Deal: Trump Mulls 50-50 Venture with U.S. Company

President Trump is considering a deal where a US company would buy TikTok and give half of the company to the US in exchange for a permit to operate in the US. Experts say such a deal may not be enough to prevent a ban on TikTok, as it does not completely sever the company's ties to China.

TikTok Sale: Trump Open to Musk or Ellison Deal

Trump suggests Elon Musk or Larry Ellison buy TikTok in partnership with the US government.

CATL's Revenue Drops, Profit Growth Slows in 2024

CATL, the world's largest battery maker, saw revenue drop for the first time in 2022, and profit growth slowed to its slowest pace since 2019.

Vietnam Ready to 'Handle' Relationship With Biden Administration, PM Says

Vietnam Prime Minister Pham Minh Chinh discusses the nation's growth aspirations, trade relations with the US, and plans for AI and semiconductor development.

Trump Greenlights TikTok Sale to Oracle, Ellison

President Trump says he's open to Oracle or Elon Musk purchasing TikTok as part of a joint venture with the US government.

Trump Supports Musk or Ellison Buying TikTok; Legal Challenges Loom

President Trump suggests Elon Musk or Larry Ellison buy TikTok, citing potential financial and political benefits for the US. Experts question the legality of a proposed 50-50 joint venture under current laws aimed at protecting against foreign adversary influence.

Soybeans Fall as Trump Revives Trade War Fears With China

Soybeans drop in Chicago amid trade war worries after Trump weighs China tariffs

Morgan Stanley to Boost Asia Bonuses by Up to 50%

Morgan Stanley's Top Bankers and Traders in Asia See Significant Bonus Increases

Japan Retailers Offer Big Pay Hikes, Boosting Profits and Inflation

Japanese retailers are offering big pay increases for a second year in a row, leading to squeezed profits for companies, more spending money for workers, and a potential green light for more central bank rate hikes.

Oracle's Ellison, Elon Musk Eye TikTok, Trump Wants 'Permit' in Exchange for 50%

President Trump supports potential TikTok purchases by Elon Musk or Larry Ellison, suggesting a deal that would grant the US half-ownership in exchange for a permit to operate. However, legal experts question whether a 50-50 joint venture would meet legal requirements for divestment and avoid a ban.