China plans export restrictions on battery technology and critical mineral processing. South Korea's political turmoil continues as the corruption watchdog seeks to arrest former President Yoon Suk Yeol. US markets ended lower on the first trading day of 2025, with tech stocks leading the decline.
China's commerce ministry plans to impose export restrictions on certain technology used to make battery components and for processing critical minerals like lithium and gallium, according to a notice issued on Thursday.
South Korea's corruption watchdog has moved to execute an arrest warrant for impeached President Yoon Suk Yeol, according to local media Yonhap News, Asian markets were set to open mixed Friday, as U.S. stocks ended lower on the first trading session of 2025, weighed down by tech stocks. Investors in Asia will continue to assess the political uncertainty in South Korea as the country's corruption watchdog seeks to, according to local media Yonhap News. Yoon's short-lived martial law attempt on Dec. 3 has led to a political turmoil in the country.China's commerce ministry plans to impose export restrictions on certain technology used to make battery components and for processing critical minerals like lithium and gallium, according to aThe three major U.S.
That marked the fifth straight session in the red for the S&P 500 and Nasdaq, their longest losing streaks since April. Big tech stocks weighed down the market, with Apple falling 2.6%, and Tesla slumping 6% on lower annual deliveries.Shootings
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