Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Nike and Adidas are again popular with Chinese consumers after both faced boycotts in March due to the Xinjiang region controversy, according to Citi Research's survey in September.
Citi had conducted a survey of 1,000 Chinese consumers in June when it already showed a gradual recovery in the popularity of western athletic brands.
When asked which athletic brands they considered purchasing next, 81 percent of Chinese consumers surveyed in September indicated they planned to buy Nike, up from 48 percent in the June survey. For Adidas, 49 percent said they planned to buy Adidas, increasing from 31 percent in June.
Chinese brands Peak and Li Ning were down significantly on purchase intent from June to September, with only 7 percent and 4 percent of respondents considering Peak and Li Ning.
Both brands garnered 54 percent in June.
The survey in September suggests the fallout from the Xinjiang cotton controversy continues to wane for western brands, according to Paul Lejuez, Citi’s lead analyst in the athletics’ space.
The labor conditions in Xinjiang’s Western region, home to Muslim Uighurs, became the subject of a diplomatic row between China and the West.
China denied allegations of human rights abuses after the EU, the US, the UK, and Canada imposed sanctions on its officials.
