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The Latest Breaking News from China

OPINION - Iran, China and the world at war: what this week's Nato summit really told us

This week saw a big change for Europe, Nato and UK security. It was agreed that Iran was not a mainstream Nato and Europe pre-occupation. Donald Trump has sucked the oxygen out of the headlines at the Nato summit in Holland by being referred to as the “big Daddy” –…

Evening Standard

Trump's AI Power Play—Executive Orders Aim To Outpace China, Rewire US Grid In Fight For Tech Supremacy: Report

The Donald Trump administration is preparing a set of executive actions to bolster the U.S. artificial intelligence (AI) sector, aiming to outpace China in the global AI race.

Benzinga

Fireworks will light up this Fourth of July. Next year could be different if tariff talks fizzle

Fireworks are as American as apple pie

The Independent UK

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Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’

Nike shares soared 15% on Friday following the better-than-feared quarterly earnings report.

Fortune

S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. September E-mini S&P futures (ESU25 ) are up +0.42%, and September E-mini Nasdaq futures...

Barchart

Options Corner: Trump Media Might Rally As Political Wins Stack Up

With news breaking earlier this morning that the U.S. and China have finalized a trade understanding, the major equity indices bounced higher on Friday. However, Trump Media Technology Group (NASDAQ:DJT) suffered a conspicuous decline. While controversial in some circles because of its obvious ties to President Donald Trump, the media…

Benzinga

Stock Market Today: Stocks Swing as Trump Scraps Canada Trade Talks

Despite a mid-afternoon slip, the S&P 500 and Nasdaq ended the day at new record highs.

Kiplinger

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Dollar Moves Higher on US Trade Tensions with Canada

The dollar index (DXY00 ) Friday rose by +0.22%. Positive trade news is bullish for the dollar as the US moves closer to trade deals with China and other trading partners. The dollar also found support after the US May core PCE price index, the Fed's preferred gauge of underlying...

Barchart

Crude Oil Settles Higher on US-China Trade Optimism

August WTI crude oil (CLQ25 ) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25 ) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

Huawei is betting on an army of 130 million influencers to supercharge 10GbE Ethernet adoption in China - and the rest of the world can only watch

Huawei bets on influencers to drive 10GbE and FTTR expansion across China.

TechRadar

The S&P 500 has retaken all-time highs. Here's how much European and Chinese stocks raced ahead while U.S. markets regained lost ground

Where would the S&P 500 be today if Trump hadn't shocked Wall Street with much steeper than expected tariffs?

Fortune

US attacks on Iran redraw calculus of use of force for allies and rivals around globe

Perceived readiness of US to employ force instead of negotiations could have knock-on effects around the world

The Guardian - US

Tariff optimism lifts shares after US-China deal

For the week, the FTSE 100 added 0.3%.

Evening Standard

Fans bid teary farewell to four giant pandas at a zoo in Japan before their return to China

Thousands of fans in Japan have bid an emotional farewell to four giant pandas

The Independent UK

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The Conversation

China is constructing a new hero cult – here’s why that matters

A tour guide competition was held in the central Chinese city of Wuhan in late May. This was not some fun contest. According to Chinese state media, it was a carefully conceived effort to “attract and cultivate a group of politically firm and professionally skilled storytellers of heroes and martyrs…

Barchart

Gold Consolidates- Why is Gold’s Role in the World Financial System Rising?

Gold prices reached their most recent record peak in April 2025, when the price probed above $3,500 per ounce. After correcting, gold futures for August delivery were hovering around the $3,280 level in late June, but the precious metal remains in a multi-decade bullish trend.

Barchart

Crude Oil Prices Climb on Positive Trade News

August WTI crude oil (CLQ25 ) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25 ) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

Stocks Rally on Hopes of Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.52%. September E-mini S&P futures (ESU25 ) are up +0.53%, and September E-mini Nasdaq futures...

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The Independent UK

Deal with Beijing will speed China's export of minerals to the U.S., treasury secretary says

Washington and Beijing have signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production

Barchart

Dollar Supported and Gold Prices Sink on Trade Deal Optimism

The dollar index (DXY00 ) today is up slightly by +0.07%. Positive trade news is bullish for the dollar as the US moves closer to trade deals with China and other trading partners. The dollar also found support after the US May core PCE price index, the Fed's preferred gauge...

Tom’s Hardware

China to pivot $50 billion chip fund to fighting U.S. squeeze as trade war escalates — country to back local companies and projects to overcome export controls

China's Big Fund III is refocusing on building local lithography equipment and chip design software after U.S. export bans blocked access to advanced tools, pushing managers to prioritize filling these critical gaps over supporting already strong areas.

TechRadar

More bad news for Tesla – Xiaomi's new Model Y rival beats it on price and just smashed pre-order records

Xiaomi's new electric SUV deliberately undercuts the Model Y on price –and the tech giants says it's sold more than 2,000 YU7s within three minutes of launch.

International Business Times UK

Nvidia's $3.7T Market Cap Boosts CEO Huang's Wealth to $135B as he Offloads 200K Shares at Peak Price

Nvidia's market cap reached $3.7 trillion as the stock price reached an all-time high. The rally boosted the value of Jensen Huang's 4% stake in the company to $135 billion.

International Business Times UK

Nike Stocks Rise Despite Smaller Sales, Profit Drops: Why They're Still Winning Amidst Tariff Woes

Following the stock's post-earnings jump of around 10–11%, HSBC upgraded its rating to 'buy,' and peers such as Adidas and Puma also experienced gains.

The Guardian - US

US reaches deal with China to speed up rare-earth shipments, White House says

China confirms details amid efforts to end trade war but reiterates it will continue to approve export permits

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