MetaX Integrated Circuits Shanghai Co. delivered one of the most dramatic stock market debuts in China in recent years, underscoring intense investor enthusiasm for domestic artificial intelligence chipmakers amid Beijing’s push for semiconductor self-sufficiency.Shares of the company surged as much as 755% intraday on Wednesday after its initial public offering,…

Global markets opened on Wednesday with investors digesting a mix of technology dealmaking, uneven economic signals, and sharp moves in commodities. Early-stage talks between OpenAI and Amazon pointed to intensifying competition in artificial intelligence, while Asian equities edged higher amid strong IPO activity in China. In the United States, attention…

The oil market currently sits between two distinctive scenarios, involving the growing supply risk from Venezuela, and prospect of a peace deal between Russia and Ukraine. On one hand, the prospect of a potential peace agreement in the Russia and Ukraine war could see sanctions on Russian oil disappear quickly. This…

Japan’s export engine showed fresh resilience in November, with shipments to the US rising for the first time since President Donald Trump announced baseline tariffs in early April. The improvement helped drive the strongest overall export growth since February, offering evidence that global trade flows are adapting faster than expected…

The UK’s inflation rate cooled more sharply than expected in November, strengthening the case for the Bank of England to cut interest rates at its final policy meeting of the year on Thursday. The data adds to mounting evidence that price pressures are easing while the broader economy shows signs…

Medical-supplies distributor Medline has raised $6.26 billion in an initial public offering, claiming the title of the largest IPO of the year and securing a valuation of more than $50 billion. The US-based company, backed by private equity groups Blackstone, Carlyle and Hellman & Friedman, said on Tuesday it sold…

German business sentiment is set to end the year on a softer note, highlighting how difficult it remains for Europe’s largest economy to break free from a prolonged period of weakness.Fresh survey data suggest that companies are growing more cautious about what lies ahead, even as views on current conditions…

For most of the past two decades, China’s economy could solve slow growth by pulling one of three levers. It could push investment, lift property, or sell more to the rest of the world. Today, one lever is broken, another is politically constrained, and the third is provoking resistance abroad.…

Lithium prices in China experienced a sharp increase on Wednesday following a significant regulatory action by the natural resource authority overseeing the country’s primary lithium-producing region. The authority announced its decision to revoke 27 existing mining licences, according to a Reuters report. This unexpected crackdown on a substantial number of operations immediately…