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(Bloomberg) -- UK assets have suffered a horrendous start to the new year as investors fret about the country’s finances, reigniting memories of a market crisis in 2022 that brought down former Prime Minister Liz Truss.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amste

Also: Tesla board must return compensation, Quantum computing stocks take big hit.

(Bloomberg) -- An escalation of China’s fight against bearish traders has failed to allay fears that the world’s second-largest economy is headed for a deflationary spiral. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The renewed effort by

Investors piled into global money market funds in the week through Jan. 8, spurred by concerns over potential tariff increases with the upcoming change in the U.S. administration and caution ahead of a critical jobs report that could reshape expectations for Federal Reserve rate cuts. According to LSEG Lipper data, investors channelled $158.73 billion into global money market funds, their second largest weekly net purchase since April 2020. U.S. President-elect Donald Trump, set to take office on January 20, has pledged to impose a 10% tariff on all global imports to the U.S. Additionally, he has threatened to implement a 25% tariff on imports from Canada and Mexico on his first day in office.

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Indian retail investors kept faith in th

(Bloomberg) -- Chinese shares fell, pushing a closely watched benchmark toward a bear market, as geopolitical tensions simmer ahead of Donald Trump’s inauguration.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The MSCI China Index dropped as

The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.

CHIBA, Japan (Reuters) -South Korea's Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies. The Japan launch of the Hyundai Inster follows attempts by Tesla and other foreign brands to enter a country seeing a slow take-up of EVs. With the Inster, Hyundai will take a low-price strategy akin to China's leading EV maker, BYD.

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk. The vast property damage in a disaster-prone state with high real estate prices and an uncertain insurance landscape could make coverage more expensive and even harder to find. One area likely to feel the impact — and encounter challenges rebuilding — is Pacific Palisades, an affluent community sandwiched between the Pacific Ocean and the Santa Monica Mountains.

Regulatory uncertainty prevented the building of crucial infrastructure for tokenization, but that may soon change.