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The Latest Breaking News from China

Stock Index Futures Plunge on Pressure from Rising Bond Yields, China Data Disappoints

September S&P 500 futures (ESU23) are down -0.61%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.48% this morning as market participants digested the latest U.K. employment data, which fueled concerns about inflationary pressures and consequently pushed U.S. Treasury yields higher, while disappointing economic data from China also weighed…

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Stock Index Futures Slip on Pressure from Rising Bond Yields, China Data Disappoints

September S&P 500 futures (ESU23) are down -0.37%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.31% this morning as market participants digested the latest U.K. employment data, which fueled concerns about inflationary pressures and consequently pushed U.S. Treasury yields higher, while disappointing economic data from China also weighed…

Barchart

The next superpowers: who will hold sway in 2050?

For anyone who grew up in the Cold War, defining what a “superpower” is would be easy.

The Week

From analysis to the latest developments in health,
read the most diverse news in one place.

Shanghai Composite Index Fell 0.07% on Tuesday

Shenzhen Component Index closed down 0.7%

Caixin Global

China: Tesla Lowers Model Y Prices, Adds Model 3 Insurance Subsidy

Tesla has decided to tweak its Model 3/Model Y offer in China, potentially to boost sales results and secure a strong third quarter volume.

InsideEVs

Report: Third-Tallest Player in NBA History to Spend 2024 Season in China

The UCF product played for the Bucks in this year's Summer League.

Sports Illustrated

Strength in Chip Stocks Lifts the Overall Market

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. Stocks on Monday settled mixed. The strength in chip...

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Strong T-Note Yields and Weak Asian Currencies Boost the Dollar

The dollar index (DXY00 ) Monday rose by +0.33% and posted a 5-week high. Higher T-note yields Monday strengthened the dollar’s interest rate differentials and supported the dollar. Also, concerns about China’s worsening debt crisis knocked the yuan down to a 6-week low against the dollar Monday. In addition, central...

Barchart

Crude Closes Lower on Dollar Strength and Chinese Economic Woes

September WTI crude oil (CLU23 ) on Monday closed down -0.74 (-0.89%), and Sep RBOB gasoline (RBU23 ) closed down -5.87 (-1.98%). Crude oil and gasoline prices Monday settled moderately lower. Monday's rally in the dollar index (DXY00 ) to a 5-week high pressured energy prices. Also, concerns that a...

Barchart

Intel's Tower Acquisition Deadline is Tomorrow, but Doubts Remain

China still has not approved Intel's acquisition of Tower semiconductor, which has a deadline on August 15.

Tom’s Hardware

Intel CEO Says It Should Get More CHIPS Act Money Than TSMC, Samsung

Intel should get the biggest slice of CHIPS Act funding as it conducts its R&D in the US, reckons CEO Pat Gelsinger.

Tom’s Hardware

Inside China’s EV Graveyard: Journalist Debunks Allegations Against Carmakers

Journalist claims that allegations against Chinese automakers are false and that the EV graveyard exists due to failed ride-sharing companies.

InsideEVs

Snapdragon 8 Gen 3 could miss some Android flagships — and that’s great news for iPhone 15

A source out of China claims that some Android flagships may turn to Snapdragon 8 Gen 2 or Dimensity chips as the Snapdragon 8 Gen 3 figures to be an expensive option.

Tom’s Guide

Crude Prices Slip on Dollar Strength and Chinese Economic Concerns

September WTI crude oil (CLU23 ) this morning is down -0.42 (-0.50%), and Sep RBOB gasoline (RBU23 ) is down -5.78 (-1.95%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 5-week high pressures energy prices. Also, concerns that...

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The Hindu

India, China hold 19th round of Corps Commander-level talks to end LAC stand-off

India and China held the 19th round of Corps Commander-level talks, as part of the ongoing efforts for overall disengagement and de-escalation to resolve the stand-off in eastern Ladakh

Al Jazeera

China’s defence minister visits Russia and Belarus in show of support

Beijing says visit underscores drive by China and Russia to align foreign policies to undermine West-led world order.

WEKU

Latest on Ukraine: Ukraine makes some gains; China's defense minister visits Russia

Catch up on key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

The Times of India

Owaisi hopes PM Modi to condemn demolitions in Nuh, ‘targetted’ violence in I-Day speech

NEW DELHI: AIMIM president and Lok Sabha MP from Hyderabad Asaduddin Owaisi on Monday expressed the hope that Prime Minister Narendra Modi will condemn the demolition drive in Nuh district of Haryana and the “targetted” violence against a particular community in the country in his Independence Day speech from the…

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Stocks Push Higher as Chip Stocks Lead Gains in Tech

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks this morning are moderately higher. Strength in Nvidia...

Tom’s Hardware

Intel Raptor Lake Mobile Chips Soldered Into Micro-ATX Motherboards for $180

If you fancy using a Raptor Lake Mobile chip as the foundation of a mini desktop build, China's Erying has you covered with its MoDT motherboards.

The Week

Inflation vs. deflation: which is worse for national economies?

As sky-high inflation may finally be coming down for many major economies, falling prices and lacklustre growth in China are stoking fears of a deflationary spiral.

Barchart

Markets Today: Stocks Fall on Negative Carryover from China’s Debt Crisis

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.15%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock indexes this morning gave up an overnight advance and are modestly lower. Higher T-note yields this morning are a bearish factor for stocks. Also,...

Barchart

Stocks Set to Open Lower as Investors Await FOMC Minutes, Retail Earnings

September S&P 500 futures (ESU23) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.05% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as quarterly earnings reports from high-profile retailers.

Fortune

Country Garden's troubles are just the latest piece of bad news for China's flailing economy

The damage to China's economy from the real estate crisis has already been done.

Space

China makes Chang'e 5 moon samples open to international researchers

China is making lunar material collected by its Chang'e 5 moon mission available to research proposals by international scientists for the first time.

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