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The Latest Breaking News from China

‘On track for victory’: South Korea elects liberal president Lee Jae-myung, who could clash with the Trump administration over China

Another liberal headache.

We Got This Covered

Two Chinese scientists arrested for smuggling ‘potential agroterrorism weapon’ into US

Investigators say the pathogen can attack wheat, barley, maize and rice and sicken livestock and people

The Independent UK

Nvidia’s chips are among the world's hottest commodities. So why is the company likely trashing $4.5 billion worth of them?

Nvidia's options for the chips, originally destined for China, but since banned from export there, are limited.

Fortune

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read the most diverse news in one place.

Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires

July WTI crude oil (CLN25 ) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25 ) closed up +0.0263 (+1.28%). Crude oil and gasoline prices on Tuesday added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth...

Barchart

Elizabeth Warren and Jim Banks Attack Nvidia for Expanding Its Chinese Facility

Complying with export regulations should build trust between Nvidia and Congress, not erode it.

Reason

Ukraine’s drone attacks on Russian airfields could derail Russia’s war efforts

The drone attacks by Ukrainian Operation Spider’s Web forces on Russian airfields have called into question Russia’s supposed military strength.

The Conversation

Tariffs, Ukraine war to top agenda as Trump huddles with German chancellor - Roll Call

President Trump and German Chancellor Merz will talk tariffs, automobiles and Russia-Ukraine when they meet at the White House on Thursday.

Roll Call

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Crude Prices Gain on US Economic Strength and Ongoing Canadian Wildfires

July WTI crude oil (CLN25 ) today is up +1.19 (+1.90%), and July RBOB gasoline (RBN25 ) is up +0.0260 (+1.27%). Crude oil and gasoline prices today added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth prospects...

Barchart

Stocks Climb as Chip Makers Rally and US Job Openings Increase

The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.58%. June E-mini S&P futures (ESM25 ) are up +0.34%, and June E-mini Nasdaq futures...

Barchart

China's BYD Will Strike At The Heart Of Japan's Car Market

Today on Critical Materials: China is coming for Japan's kei cars, Uber plays a pivotal role in Tesla vs Waymo robotaxi battle and electric semis target diesel.

InsideEVs

Stocks See Support as Bond Yields Slide

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. June E-mini S&P futures (ESM25 ) are up +0.07%, and June E-mini Nasdaq futures...

Barchart

Helldivers 2's Illuminate invasion brought players from around the world together, and our defence of Super Earth's Shanghai even made the news in China

Teamwork makes the dream work

GamesRadar

U.S. ban on EDA software hits Chinese tech companies hard — Xiaomi, Lenovo among affected

Xiaomi, Lenovo, and other Chinese tech companies will lose access to updates and tech support from American EDA companies, so they'll have to switch to local suppliers instead.

Tom’s Hardware

America's prized 'exceptionalism' is the collateral damage of Trump's tariff war, says Deutsche Bank

"The structural foundations of U.S. exceptionalism—particularly the ability to finance itself cheaply via the dollar’s reserve status—have begun to erode," wrote Deutsche Bank.

Fortune

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news in one place.

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Tom’s Hardware

U.S. extends China GPU tariff exemption until August 31 — Motherboards also listed in Section 301 exclusion

The Trump administration extended the Section 301 tariffs exemptions for several goods for another 90 days.

The Independent UK

Resource-rich Mongolia faces political uncertainty after the prime minister resigns

Resource-rich Mongolia is facing political uncertainty following the resignation of its prime minister in the wake of protests over endemic corruption in the landlocked Asian country, squeezed between China and Russia

Fortune

Investors bet on Trump tariff concessions as retaliation threats rattle markets

Cushioning the markets from further drops seems to be the investor sentiment that Trump's tariff threats are not as dire as they first appear.

Fortune

This hacker-turned telecom mogul could be Europe’s tech savior

Maverick investor and former porn entrepreneur is pouring billions into startups. The goal: to catch up with China and the U.S.

Get all your
news in one place.

100’s of premium titles.
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Fortune

Trump isn’t Beijing’s only trade headache, as the EU targets Chinese medical devices

Chinese companies are now blocked from bidding for public procurement tenders for medical devices for contracts valued over $5.7 million.

The Guardian - UK

Bank of England governor warns Trump tariffs have ‘blown up’ global trade system – as it happened

Rolling coverage of the latest economic and financial news, as MPs quiz the Bank of England about interest rates, and trade wars

The Guardian - AU

Australia must resist US bullying to increase its military spending

It’s up to Anthony Albanese to decide Australia’s budget priorities – rather than allowing us to get sucked into a contest between US and China

AAP

Banks help Australian shares climb to three-month high

The Australian share market is at three-month highs after a positive session, shrugging off global trade tensions and ongoing geopolitical risks.

The Independent UK

Asian markets rise as US stock indexes near records amid easing trade tensions

Shares are higher in Asia after U.S. stock indexes drifted closer to records

The Independent UK

Xu Qiliang, former top Chinese general close to Xi, dies in Beijing

Xu Qiliang, a former air force general who was reportedly close to Chinese leader Xi Jinping, has died at age 75, according to the Defense MInistry

The Guardian - US

Trump news at a glance: US-China trade relations falter amid fragile trade truce

Escalating war of words between world’s two-largest economies highlights unstable trade detente - key US politics stories from 2 June

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