Thailand Inflation Remains Negative for 10th Straight Month in January 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
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.
