The Latest Breaking News from China

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Germany has summoned the Chinese ambassador after a Chinese warship targeted a German military aircraft with a laser in the Red Sea

September S&P 500 E-Mini futures (ESU25) are up +0.08%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.17% this morning as initial jitters over U.S. President Donald Trump’s latest tariff moves eased, giving way to cautious optimism that there’s still ample room for further negotiations.

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Danas is forecast to bring between 100mm and 250mm of rainfall across a 650km stretch from Fuzhou in Fujian province to Hangzhou in Zhejiang, triggering flash flood warnings

The Philippines' foreign ministry has summoned China's ambassador after Beijing imposed sanctions on a former Filipino senator who has been critical of China’s actions in the disputed South China Sea

The US is the world’s second-largest manufacturer after China, adding $2.9 trillion to the global economy.

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.

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China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.

China has warned US president Donald Trump against reigniting trade tensions by reimposing tariffs on Chinese goods and threatened retaliation against countries siding with Washington at Beijing’s expense.