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The Latest Breaking News from China

Stocks See Support as Weak U.S. Deflator Supports Fed Rate-Cut Expectations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. Stocks are mildly higher on support from a larger-than-expected...

Barchart

Angola Drops OPEC, Welcomes Chinese Investment Bonanza!

Angola's decision to exit OPEC paves the way for increased Chinese investment in the country's oil industry, signaling a shift in global power dynamics and...

Top News

Markets Today: Stocks See Support from Favorable U.S. Deflator Report

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.21%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.26%. Stock index futures this morning are slightly higher on support from a larger-than-expected decline in the U.S. PCE deflator report, which was dovish for Fed policy. T-note...

Barchart

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Japan's Cabinet approves a record $56 billion military budget to speed up strike capability

Japan’s defense spending would increase more than 16% next year under a record military budget that is intended to accelerate the deployment of long-range cruise missiles that can hit targets in China or North Korea

The Independent UK

NetEase, Chinese Game Developers Tumble On New Government Crackdown

NetEase and other major China-based game developers sold off Friday on new government restrictions, raising fears of a wider crackdown.

Investors Business Daily

Tensions soar as China warns US over Taiwan reunification

In the face of rising tension between the US and China, retired General Jack Keane highlights the need to confront adversaries and support Taiwan's defense.

Top News

BYD To Build EV Plant In Hungary As Tesla Rival Expands

China EV and battery giant BYD confirmed it will build an electric vehicle plant in Hungary, part of a big expansion for the Tesla rival.

Investors Business Daily

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Polygon Price Decline, Reaching Record Low

Polygon rate has plummeted to its lowest in six months, falling below Polygon Price Decline, Reaching Record Low.89 due to regulatory concerns and China's crackdown on mining

Top News

Cardano Price Decline, Reaching Record Low

Cardano rate has plummeted to its lowest in six months, falling below Cardano Price Decline, Reaching Record Low.65 due to regulatory concerns and China's crackdown on mining

Top News

VeChain Price Decline, Reaching Record Low

VeChain rate has plummeted to its lowest in six months, falling below VeChain Price Decline, Reaching Record Low.03 due to regulatory concerns and China's crackdown on mining

Top News

Binance USD Price Decline, Reaching Record Low

Binance USD rate has plummeted to its lowest in six months, falling below Binance USD Price Decline, Reaching Record Low.00 due to regulatory concerns and China's crackdown on mining

Top News

Ethereum Classic Price Decline, Reaching Record Low

Ethereum Classic rate has plummeted to its lowest in six months, falling below .65 due to regulatory concerns and China's crackdown on mining

Top News

Polkadot Price Decline, Reaching Record Low

Polkadot rate has plummeted to its lowest in six months, falling below .39 due to regulatory concerns and China's crackdown on mining

Top News

Bitcoin Cash Price Decline, Reaching Record Low

Bitcoin Cash rate has plummeted to its lowest in six months, falling below 4.77 due to regulatory concerns and China's crackdown on mining

Top News

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Barchart

S&P Futures Tread Water as Key U.S. Inflation Data Looms, Nike Results Disappoint

March S&P 500 E-Mini futures (ESH24) are trending down -0.07% this morning as investors braced for a flurry of U.S. economic data, with a particular focus on the Federal Reserve’s preferred inflation metric.

International Business Times

US To Target Banks That Help Russia War In Ukraine

The United States said Friday it will sanction foreign banks that support Russia's war in Ukraine, in a new bid to exert economic pressure on Moscow as it diversifies from the West to China.

The Independent UK

Tesla moves forward with a plan to build an energy-storage battery factory in China

American electric automaker Tesla’s plans to produce energy-storage batteries in China are moving forward with a signing ceremony for the land acquisition for a new factory in Shanghai

Barchart

S&P Futures Tread Water as Key U.S. Inflation Data Looms

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Biden administration reconsiders using frozen Russian assets for Ukrainian aid

Delve into the world of election security and the weaponization of disinformation. Explore the obstacles and opportunities in using frozen Russian assets t...

The Guardian - UK

Harrods opens private members’ club in Shanghai costing £16,500 a year

Private jet flights and rare whiskies on offer at 250-member club aimed at wealthy Chinese people

International Business Times

China Air Pollution Worsens In 2023, First Time In Decade

China's air pollution worsened in 2023, the first time it has done so in a decade, a study released on Friday said. "2023 is the first year that China's national average PM2.5 level has increased year-on-year since the beginning of China's 'war on pollution' in 2013," a study by independent…

The Independent UK

China's BYD to build its first European electric vehicle factory in Hungary

One of the world’s largest electrical vehicle manufacturers, China’s BYD, will open its first European EV production factory in Hungary, the country’s foreign minister said on Friday

Barchart

S&P Futures Tread Water as Investors Brace for Key U.S. Inflation Data

Fortune

Shares in Tencent and NetEase plunge after Beijing surprises investors with new spending limits for video game players

“This could be the beginning of the end of the smartphone game business model," warned one analyst.

Top News

Tesla Expands Energy Storage Production in China

Tesla's expansion into China continues with plans to produce energy-storage batteries, offering a bright spot for the Chinese economy amidst foreign invest...

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