The Latest Breaking News from China

Beijing has banned TechInsights from doing business with Chinese companies because it has "defied China's strong objections to engage in activities such as so-called military-technical cooperation with Taiwan, made malicious remarks concerning China, and assisted foreign governments in suppressing Chinese companies."

Reitar Logtech Holdings Limited (NASDAQ:RITR) announced on Friday that it has entered into a strategic partnership with Hangzhou Xianmu Technology Co., Ltd., a leading casual catering supply chain provider in China, to jointly develop a global tokenized smart supply chain ecosystem for the foodservice industry.

Qualcomm (NASDAQ:QCOM) stock dropped on Friday after reports indicated China has launched an antitrust investigation into the company’s recent acquisition of Israeli firm Autotalks.

U.S.-listed Chinese stocks, including Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU), PDD (NASDAQ:PDD), Nio (NYSE:NIO), and XPeng (NYSE:XPEV), extended losses amid escalating geopolitical tensions between Beijing and Washington.

The United States and Finland have reached a deal for the U.S. Coast Guard to acquire up to 11 new icebreaker ships, a step intended to strengthen America's presence and security in the Arctic.

China's introducing new export controls on rare-earth elements - and that's bad news for the price of a raft of PC components.

The document could have been key to the collapsed trial of two men accused of spying for China.

December S&P 500 E-Mini futures (ESZ25) are trending up +0.10% this morning, attempting to end the up-and-down week on a positive note, while investors await the release of the University of Michigan’s preliminary reading on U.S. consumer sentiment and remarks from Federal Reserve officials.

Shares of US rare earth and critical mineral miners surged on Thursday as China announced further restrictions on its own exports. In Europe, trade was tentative in the opening on Friday.