Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
McKinsey & Company, a leading U.S.-based consulting firm, is undergoing a significant restructuring of its China operations. The firm has recently reduced its workforce in the region by approximately 500 jobs, or nearly one-third of its staff, according to a report from the Wall Street Journal. This move reflects McKinsey’s efforts to distance its China business from global operations, citing security concerns related to its government-linked clients.
Workforce Reduction in Greater China
Over the past two years, McKinsey has trimmed its workforce across Greater China, which includes Hong Kong and Taiwan. In June 2023, the company listed around 1,500 employees on its Greater China website, marking a significant reduction in staff.
Separation from Global Operations
The decision to restructure comes as McKinsey navigates the complex business environment in China. By separating its China unit from global operations, the firm aims to mitigate the risks associated with conducting business in the country, particularly in sectors with close government ties.
McKinsey’s Response
As of now, McKinsey has not responded to requests for comments outside of regular business hours, leaving questions about further plans for its China operations.
