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The Latest Breaking News from China

China spy asset complained to Penny Wong about raid

A businessman who worked with two suspected Chinese spies told Foreign Minister Penny Wong that domestic intelligence agents crossed a line by raiding his home

AAP

Afternoon Update: RBA hikes cash rate for second straight month; Trump seeks to delay China summit amid Iran war; and the 6.30pm rule

Hike takes Reserve Bank’s cash rate target from 3.85% to 4.1%, wiping out the relief offered by two cuts last year

The Guardian - AU

Pakistan airstrike on Afghanistan: 400 killed after Kabul drug rehab centre hit; Pak says military infra targeted — 10 things to know

Pakistan airstrikes have struck a drug rehabilitation hospital in Kabul, Afghanistan. Hundreds have died and many more are injured. Afghan officials accuse Pakistan of deliberately targeting civilians. Pakistan denies this, stating strikes hit militant infrastructure. Cross-border clashes continue, raising regional security concerns. Both nations present conflicting casualty figures.

The Times of India

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Iran says it will retaliate after key figure killed – as it happened

Iranian army chief Amir Hatami threatened to launch a ‘decisive and regrettable’ retaliation for the killing

The Guardian - AU

Trump seeks to delay China summit as Vance denies ‘wedge’ over Iran war

Pair attempt to strike united front amid reports vice-president skeptical over US-Israeli attack on Iran

The Guardian - US

Soybeans Collapse the Limit on Monday, with Uncertainty on China

Soybeans were down 60 to the 70 cent limit on Monday across the front months. Expanded limits of $1.05 are set for Tuesday. The cmdtyView national average Cash Bean price was down 70 1/2 cents at $10.80 3/4. Soymeal futures were down $5.10 to $11.50 in the front months to...

Barchart

Trump could snub China over Strait of Hormuz, but Xi Jinping has the ultimate checkmate

Tensions are high — and oil is at the center.

We Got This Covered

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Stocks Settle Sharply Higher as Crude Oil Slumps

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.13%. March E-mini S&P futures (ESH26 ) rose +1.04%, and March E-mini Nasdaq futures...

Barchart

Africa, India and China: Foreign nationals from multiple countries accused of voting illegally in US for years

Authorities in the United States say several non-citizens from countries including Mauritania, India and China have been accused of illegally voting in American elections.

The Times of India

Donald Trump wants allies to help him out in the Strait of Hormuz, but what he’s getting instead may be the sharpest betrayal yet

This is what winning looks like, Mr. President?

We Got This Covered

3 Rare Earth Stocks Quietly Building the Next Supply Chain

Track three rare-earth-linked stocks across processing, U.S. mining, and deep-sea nodules as geopolitics reshapes critical-minerals supply chains.

MarketBeat

Soybeans Collapsing at Midday on China Uncertainty

Soybeans are collapsing on Monday, with midday losses of 50 to 61 cents in the front months as doubt is growing on additions Chinese purchases. The cmdtyView national average Cash Bean price is down 60 ¾ cents at $1.90 3/4. Soymeal futures are down $8.60 to $9.20 at midday, with...

Barchart

Ray Dalio sees a pattern that shows China killing America's economy. This 2,000-year chart explains why

A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.

Fortune

Matildas brace for tactical battle against former coach

Ante Milicic led the Matildas to the last 16 at the 2019 World Cup but will be the enemy on Tuesday night in Australia's Asian World Cup semi-final with China.

AAP

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Euronews

US Treasury chief calls Paris talks with China 'very good' before Trump-Xi summit

High-level US and Chinese officials have wrapped up two days of economic discussions in Paris, with the US Secretary of Treasury describing the sessions as productive ahead of President Trump's visit to China.

The Conversation

From the strait of Hormuz to Malacca, global trade relies almost entirely on these five narrow waterways

The conflict in Iran has disrupted energy and commodity markets. Iran has effectively closed the narrow strait of Hormuz, a vital oil transit point, attacking more than a dozen ships over the past two weeks that have tried to sail through the waterway.

Barchart

Stocks Rally as Crude Oil and Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) today is up +1.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.12%. March E-mini S&P futures (ESH26 ) are up +1.05%, and March E-mini Nasdaq futures...

International Business Times UK

Are US Allies Losing Faith In Trump? New Poll Shows Growing Support For China Partnership

A major ECFR poll of 26,000 people across 21 nations reveals only 16% of Europeans still see the US as an ally, with growing support for China ties.

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International Business Times UK

Trump Asks 7 Countries to Send Warships in Strait of Hormuz—No Commitments Yet as Tensions Escalate

President Donald Trump calls on seven nations, including China and the UK, to deploy warships to the Strait of Hormuz following US-Israeli strikes on Iran.

Barchart

Stocks Rebound as Crude Oil Prices Move Lower

The S&P 500 Index ($SPX ) (SPY ) today is up +1.23%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.30%. March E-mini S&P futures (ESH26 ) are up +1.15%, and March E-mini Nasdaq futures...

The Guardian - AU

Australian insiders in China’s ranks threaten Matildas’ Women’s Asian Cup dream

The hosts face their toughest opponent in the defending champions, whose coach Ante Milicic knows the Australian team better than most

The Independent UK

China warns Trump's latest tariff moves could damage trade ties

China says U

International Business Times UK

Macau Police Detain Humanoid Robot After 'Harassing' 70-Year-Old Woman Hospitalised Following Street Encounter

A humanoid robot startled a 70-year-old woman in Macau, sparking a global debate on the regulation of advanced machines in public spaces.

The Guardian - UK

Trump asks China if visit to Beijing can be delayed a month due to Iran war

US president had earlier hinted trip could be put on hold if President Xi does not help unblock the strait of Hormuz

Tom’s Hardware

STMicro to deploy humanoid robots to its legacy fabs in Europe — over 100 humanoid robots to be used for routine and physically demanding tasks in fight for efficiency

As cheap Chinese chips threaten to invade various sectors of the economy in Europe, STMicroelectronics is on track to improve the efficiency of its own fabs

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