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China Proposes Restoring Phase 1 Trade Deal in Response to Trump Tariffs

China plans to restore the 'Phase 1' trade deal, pledge not to devalue the yuan, invest more in the U.S., and reduce fentanyl exports in response to U.S. tariffs.

Yen Holds Firm Against Dollar Onslaught as Investors Seek Haven

The yen's haven appeal remains as US-China trade tensions escalate, making it the only G-10 currency to gain against the dollar this year.

The Wild Week: Market Madness Amidst AI, Tariffs, and Tech Rout

Today's Morning Brief examines the recent market volatility caused by AI spending concerns, tariff uncertainty, and geopolitical tensions. Despite these headwinds, the market has shown resilience, driven by solid earnings and a desire for clarity.

Nissan, Honda Merger Plans Pushed Back to Mid-February

Nissan and Honda Motor will announce the direction of their potential integration by mid-February, pushing back the initial plan from the end of January.

Tokyo Inflation Accelerates, Backing BOJ's Rate Hike Outlook

Tokyo's inflation rate accelerates, supporting the Bank of Japan's decision to raise interest rates. Economic data suggests Japan's moderate recovery continues, with a tight labor market, higher industrial production, and increased retail sales.

Kash Patel's Net Worth: Over $5.9 Million, Income Exceeds $2.6 Million

Kash Patel, Trump's FBI Director nominee, is worth over $5.9 million and made $2.6 million last year through consulting, paid speeches, and books.

Atlassian Reports Narrower Q2 Loss, Revenue Tops Estimates

Atlassian Corporation Plc (TEAM) reported a loss of $38.2 million in Q2, with earnings of 96 cents per share, beating Wall Street expectations. Revenue was $1.29 billion, also exceeding forecasts.

US Economy Grows Slower Than Expected in Fourth Quarter

US economy grows at 2.3% in Q4, below expectations; consumer, government spending offset by investment decline. Core PCE rises 2.5%. Market sees less than 50% chance of Fed rate cuts before June meeting.

Trump Slams Fed, Vows to Tackle Inflation with 'American Energy', Deregulation

In this article, President Donald Trump criticizes the Federal Reserve for keeping interest rates steady and suggests his plans for economic recovery. Powell emphasizes the Fed's independence and discusses the potential effects of Trump's proposed policies on monetary policy.

Nissan Cuts Back Shifts, Offers Buyouts at U.S. Plants to Save Costs

Japanese carmaker Nissan is offering buyouts to U.S. workers and cutting production shifts at three factories to reduce costs amid weak demand.