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The Latest Breaking News from China

China’s Mars rover finds evidence of ancient sea on red planet

Sea likely existed in northern lowlands over 3.5 billion years ago

The Independent UK

China Poised To Approve More Help For Ailing Economy

China is expected to unveil a huge support package for the struggling economy Friday as officials wrap up a key meeting with an eye on the possibility of intensified trade tensions with US president-elect Donald Trump.

International Business Times

Asian Markets Extend Rally After Fed Cut

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

International Business Times

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Weekly Must-Read: How AstraZeneca’s China Fraud Was About More Than Greed

The British pharmaceutical giant’s falsified patients’ test results so insurance would pay for its cancer drug in an effort to boost sales, but the alleged misconduct ended up benefiting some patients

Caixin Global

Australian bourse gets a boost after offshore rate cuts

The Australian bourse has risen after two central banks cut interest rates and investors expressed hope China will announce measures to boost its economy.

AAP

A grand bargain with Putin to confrontation with China: 3 ways Trump may change America’s place in the world

With a resounding victory in the US presidential election, Donald Trump can now claim a sweeping mandate to implement his agenda, both foreign and domestic.

The Conversation

China to unveil much-anticipated economic stimulus package

China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its legislature on Friday

The Independent UK

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Chinese state television lionises Xi Jinping’s father in 39-part serialised drama

The historical series, Time in the Northwest, chronicles the life of Xi Zhongxun from peasant roots to Communist revolutionary in China

The Guardian - UK

Dow Jones Futures Rise Amid Big Earnings, China Stimulus As Huge Trump Week Wraps

Futures were mixed amid more big earnings and a China stimulus plan. after the Nasdaq rallied on the ongoing Trump bump and Fed rate outlook.

Investors Business Daily

Stocks Finish Higher as Fed Cuts Interest Rates

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed unchanged, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.54%. Stocks on Thursday extended their post-election rally, with the S&P 500, the Dow Jones Industrials,...

Barchart

Crude Oil Moves Higher on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ24 ) Thursday closed up +0.67 (+0.93%), and December RBOB gasoline (RBZ24 ) closed up +0.0182 (+0.89%). Crude oil and gasoline prices recovered from early losses on Thursday, climbed to 3-week highs, and settled moderately higher. Thursday’s weaker dollar boosted crude prices along with the rally...

Barchart

You've Never Seen An Audi Like This Before

It's no secret that the Volkswagen Group has not had an amazing time in 2024. It's struggled with slumping sales in China, once its biggest market, while it faces intense Chinese competition back home. It's staring down factory closures and layoffs as costs mount. All the while, China's electric auto…

InsideEVs

Can the REMX ETF Rally?

While the REMX ETF’s name implies significant exposure to rare earth metals and minerals, the product’s holdings are primarily invested in lithium-producing mining companies. REMX has been under pressure, but commodity cyclicality suggests that it is in the buying zone below $50 per share.

Barchart

President Xi Jinping Warns U.S. Of Cooperation Vs. Confrontation

President Xi Jinping emphasizes cooperation with President-elect Trump amid potential trade tensions. Both nations seek stable relations for mutual benefit.

Top News

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InsideEVs

Xpeng Has Only Ever Made EVs. Now It Wants To Do Gas Range Extenders

With automakers changing course and backtracking on their plans to go all electric in the next decade, it isn’t surprising to hear that even carmakers that have only ever built EVs are also shifting their strategy. China's Xpeng is one such automaker, and its newly announced Kunpeng Super Electric System…

Motor1

Audi's Most Interesting EV Is Only for China

Audi partnered with SAIC Motor on a new sub-brand to build cars exclusively for the Chinese market. The fledgling company is called AUDI—all caps—and is "shaped 100-percent by the Audi DNA" with one notable exception. You won't see four-rings badging anywhere on its cars.

The Conversation

World Update: Trump’s global shockwaves

The world was definitely watching as the US went to the polls on Tuesday. Many people turned to YouTube to view the latest figures as states turned in their votes, where an apparent 84 million hours of presidential election day news were watched from all around the globe.

The Conversation

The Indo-Pacific is an idea more than a region – and it’s pushing politics in a ‘pessimistic and paranoid’ direction

Over the past decade, the idea of an important geopolitical space called the “Indo-Pacific” has become integral to the grand strategising of countries inside and outside this vast geographical area.

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Barchart

Crude Gains on Dollar Weakness and Strength in Stocks

December WTI crude oil (CLZ24 ) today is up +0.10 (+0.14%), and December RBOB gasoline (RBZ24 ) is up +0.0045 (+0.21%). Crude oil and gasoline prices today are slightly higher on a weaker dollar and the rally in the S&P 500 to a record high, which shows confidence in the...

Barchart

Stocks Supported by Speculation Trump’s Policies to Boost Corporate Profits

The S&P 500 Index ($SPX ) (SPY ) today is up +0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks today are moderately higher, with the S&P 500, the Dow Jones Industrials, and...

International Business Times UK

Nissan CEO Voluntarily Takes 50% Pay Cut As Automaker Announces Layoffs For 9,000 Workers

Nissan CEO Makoto Uchida has volunteered to cut his salary by 50% as the company announces plans to lay off 9,000 employees in response to declining sales and financial challenges.

Motor1

Audi Is Launching a New Car Company Called… AUDI

Where are the rings, Audi? It’s a valid question for the company's newest concept shown today in Shanghai. But this isn’t an Audi. It’s an AUDI. The luxury brand in the Volkswagen Group empire is teaming up with SAIC to launch a new car company in China. Of all the…

The Conversation

Why China is worried about a second Trump presidency – and how Beijing might react

Donald Trump will return to the White House having set out his foreign policy approach for the next four years.

Creative Bloq

Audi scraps its logo in bold new EV brand

A new wordmark replaces the famous four rings.

Barchart

Stocks Extend Post-Election Gains Ahead of the FOMC Meeting

The S&P 500 Index ($SPX ) (SPY ) today is up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.84%. Stocks today are moderately higher, with the S&P 500, the Dow Jones Industrials, and...

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