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The Latest Breaking News from China

Chinese citizens sue Florida over ban on home purchases

The American Civil Liberties Union sued Florida over a law championed by Gov. Ron DeSantis that bars most Chinese citizens from buying homes in the state.

Tribune News Service

Australia welcomes US-Papua New Guinea defence pact

The Australian government on Tuesday welcomed a defence cooperation agreement between its closest neighbour Papua New Guinea (PNG) and the U.S. aimed at bolstering regional security amid China's plans to increase influence in the Pacific.

Reuters

Moscow says G7 nuclear rhetoric intended to pressure Russia, China

Russia's Foreign Ministry said on Monday that Group of Seven nuclear "rhetoric" has the sole aim of exerting psychological, military and political pressure on Moscow and Beijing.

Reuters

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Biden seals 3 deals in Pacific islands as U.S. competes with China

China's moves in the region spurred Biden to action.

Axios

No easy solution to solving Chinese relationship puzzle

Defence Minister Richard Marles says Australia needs to balance its relationship with China against trade interests and the threat of military confrontation.

The New Daily

Activision Blizzard says it's 'committed to the Chinese market' following China's approval of Microsoft acquisition

Activision Blizzard gets a little good news from China for the first time in a while.

PC Gamer

TAT to boost safety measures

With the number of Chinese visitors hitting 1 million, the Tourism Authority of Thailand (TAT) and Tourist Police Bureau have committed to strengthening safety measures for travellers.

Bangkok Post

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Baby formula could be targeted by black market thieves after huge price hike

Fed up parents described the soaring prices as “absolutely nuts”

Irish Mirror

Josh Hawley Wants the Debt Ceiling Deal To Include a Massive Tax Hike on Americans

Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.

Reason

NSW should consider selling Nobbys Road flats to people who appreciate them

'This unique complex deserves to be occupied by tenants who appreciate the architecture.'

Newcastle Herald

Optical Illusion: Hiker thought he saw a 'ghost'; here's what this spooky figure was

A hiker in the Sichuan province of China thought they were seeing a ghost because they thought they could make out the shape and picture of a "ghost" in the distance, along with shining haloes and beams of sunlight through the clouds. The hiker thought the creature was waving to…

The Times of India

2 Consumer Stocks to Buy for Long-Term

With consumers showing resilience in the face of growing headwinds, consumer stocks Altria Group (MO) and China Automotive (CAAS) could be worth buying. These stocks could be worth adding to your long-term portfolio. Read on.

StockNews.com

Markets Today: Stocks Mixed as Debt Ceiling Negotiations Continue

Morning Markets U.S. stock indexes this morning are mixed. The S&P 500 Index ( $SPX ) ( SPY ) is up +0.10%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.27%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.41%....

Barchart

7ft-long steel bar goes through man's chest and head after he's impaled in fall

WARNING GRAPHIC IMAGES: A man suffered horrific injuries when he was impaled by a seven-foot-long steel bar in China, but he survived the incident and was taken to the hospital for treatment

Daily Mirror

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StockNews.com

3 China Stocks to Buy Under $5

Ditching the stringent pandemic restrictions, resulting in a quick recovery of economic activities, China is well-positioned to remain buoyed in the foreseeable future. Given this backdrop, quality China stocks FinVolution Group (FINV), Waterdrop Inc. (WDH), and Viomi Technology (VIOT), trading under $5, could be solid buys now. Read on….

The Hindu

Government must stand firm against China: Congress on eastern Ladakh border standoff

The Congress on May 22 accused the Narendra Modi government of failing to restore the status quo in Depsang in eastern Ladakh in the last three years and said it would be “unforgivable” to allow the situation to worsen.

Barchart

Markets Today: Stocks Slightly Higher as Debt Ceiling Negotiations Continue

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.04%. U.S. stock index futures this morning are slightly higher. M&A activity today is lifting the overall market after Chevron agreed to buy PDC Energy for...

The News Lens

Chinese Big Tech Still Sits in the Party’s Sights

Given the CCP’s overriding priorities of rebuilding a strong domestic economy and maintaining robust supply chains against external threats, it is unlikely to embark on an extensive campaign like it did in 2020 and 2021 to rein in technology platforms.

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The Times of India

Saurav Ghosal, Joshna Chinappa to lead Indian challenge in Squash World Cup

NEW DELHI: The prestigious Squash World Cup is set to take place in Chennai from June 13 to 17, as announced by the governing body of the sport in India on Monday. Seasoned pros Saurav Ghosal and Joshna Chinappa will spearhead the Indian challenge, aiming for success on their home…

Barchart

Stocks Set to Open Higher as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.12% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

The Guardian - UK

China and Saudi Arabia boycott G20 meeting held by India in Kashmir

Indian presidency of group becomes mired in controversy as tourism session hosted in disputed territory

Reuters

Analysis-G7's nuanced pledge to 'de-risk' from China reflected concerns from Europe and Japan

The leaders of the Group of Seven (G7) rich democracies this weekend pledged to "de-risk" without "decoupling" from China, an approach that reflected European and Japanese concerns about pushing Beijing too hard, officials and experts said.

Caixin Global

China’s Post-Reopening Second Covid Wave Could Peak in Late June, Expert Says

Zhong Nanshan on Monday identified the omicron subvariant XBB as the cause behind the latest outbreak of infections

Reuters

Seven bodies recovered after Chinese vessel capsized in Indian Ocean

Seven bodies were recovered from a Chinese fishing vessel that capsized in the central Indian Ocean, according to state media on Monday, days after China President Xi Jinping ordered an all-out search to rescue and recover missing crew members.

The Hindu

Explained | What is the National Medical Devices Policy, 2023?

On April 26, the Union Cabinet approved the National Medical Devices Policy, 2023.Here are the various reasons why it is imporetant

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