South Korea Exports Hit Record High as Global Trade Momentum Builds 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
California Drops Lawsuit Over Federal Funding Cuts to High-Speed Rail Project 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
Bolsonaro Undergoes Phrenic Nerve Block Procedure After Surgery-Related Complications 
Disney Agrees to $10 Million Settlement Over Child Privacy Violations on YouTube 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
U.S. Judge Blocks Deportation of British Anti-Disinformation Campaigner Imran Ahmed Amid Free Speech Dispute 
Food processing trade groups are saying they’re not ready for the implementation of animal welfare statutes in California and elsewhere on Jan.1, and are calling for an extension.
Passed by voters in 2018, California’s Proposition 12 requires specified minimums of personal space for hogs and chickens when they’re confined, before their meat or other products can be sold in California.
The pork industry is denouncing the increased required space for pregnant sows in Iowa and other states from the usual average of about 14 square feet to at least 24 square feet.
As a justification for the delay of its implementation, the pork industry and others in the supply chain are saying that the state agricultural department hadn’t promulgated final regulations for the law.
