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The Latest Breaking News from China

Business Brief (Oct. 23): Trump Expects to Reach Trade Deal With China Next Week

Trump cancels meeting with Putin and signals sanctions, expert warns of early flu season in China

Caixin Global

Crude Spikes As Trump Threatens Russian Giants, Stocks Turn Lower

Crude prices spiked more than two percent Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White House was planning curbs on software exports to China added to gloom on markets.

International Business Times

Australian shares trim losses as miners play catch-up

An energy sector rally and a rebound in raw materials has helped the local bourse finish the day slightly better than flat after a jittery start to the session.

AAP

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Stocks Retreat on Chipmaker Weakness and Renewed China Tensions

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. December E-mini S&P futures (ESZ25 ) fell -0.52%, and December E-mini Nasdaq futures...

Barchart

What's Going On With Galaxy Digital (GLXY) Stock Wednesday?

Galaxy Digital Inc (NASDAQ:GLXY) shares are trading lower on Wednesday afternoon, caught in a broad market sell-off. Major indexes fell after a Netflix earnings miss and soft guidance from Texas Instruments soured investor sentiment. Weighing further on the market was a Reuters report that the U.S. is considering additional curbs…

Benzinga

Dollar Turns Lower as US-China Tensions Ramp Up

The dollar index (DXY00 ) on Wednesday fell from a 1-week high and finished down by -0.04%. The dollar relinquished early gains on Wednesday and turned lower after a Reuters report stated that the Trump administration is considering broad restrictions on exports to China made with US software in retaliation...

Barchart

Is A 'Critical Software' Ban On China Next? Trump Weighs New Sanctions

In a potential escalation of his trade conflict with China, President Donald Trump is exploring sanctions on a vast array of software-powered exports to Beijing.

Benzinga

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Tech Stocks Drop, Netflix Sinks 10% On Worst Day Since 2022: What's Moving Markets Wednesday?

Risk sentiment deteriorated sharply on Wednesday as a wave of disappointing earnings guidance and escalating U.S.-China trade tensions rattled investor confidence.

Benzinga

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum Inc (NYSE:QBTS) are trading lower Wednesday afternoon, caught in a broader market downturn. The broader tech sector is facing headwinds from a Reuters report that the United States is considering new restrictions on exports to China involving U.S. software and technology. Here’s what investors need to…

Benzinga

Trump Mulls Tech Export Crackdown On China: These 10 Stocks Are Sinking

A fresh wave of trade tension between the U.S. and China rocked Wall Street on midday Wednesday after President Donald Trump hinted at sweeping restrictions on technology exports powered by American software, sending tech stocks into a sudden tailspin.

Benzinga

Jensen Huang says Nvidia’s China market share fallen to zero - so where does it go next?

Nvidia has lost its 95% market share in China, the world’s second-largest computer market.

TechRadar

A New Generation of Industries Emerges in Texas from Federal Push for Mining Revival

The United States doesn’t produce the minerals and metals needed for renewable energy, microchips, or military technology. Authorities want to change that as quickly as possible.

Texas Observer

Apple Reportedly Cuts iPhone Air Production, Ramps Up Other Flagship Models

Apple Inc. (NASDAQ:AAPL) is drastically cutting iPhone Air production orders but boosting those for other flagship iPhone 17 models amid strong demand, according to a report published on Wednesday.

Benzinga

US Pushes Argentina To Curb China Ties Amid Bailout, Eyes Critical Minerals: Report

In a bid to reduce China’s influence in Argentina, the Trump administration is reportedly pushing officials in Buenos Aires to restrict Beijing’s access to the country’s resources.

Benzinga

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Tom’s Hardware

China wants US semiconductor companies to submit sensitive data as part of probe — 'anti-dumping' investigation requests sales and profit data

China’s Trade Remedy and Investigation Bureau under the Ministry of Commerce has published new questionnaires for US semiconductor businesses designed to find any discrepancies in their international pricing as part of an anti-dumping investigation.

Tom’s Hardware

China's supercomputer breakthrough uses 37 million processor cores to model complex quantum chemistry at molecular scale — Sunway fuses AI and quantum science

Chinese researchers used the Oceanlite supercomputer and a custom NNQS model to simulate molecular systems with 120 spin orbitals.

Euronews

EU countries mull response to China's squeeze on rare earths

China's restrictions on rare earths are expected to be raised during a meeting of EU leaders as capitals mull how to respond.

International Business Times UK

Yu Menglong Death Sparks Global Uproar: Truth, Torture Rumors, and Times Square Protests Shake China

The official 'accidental' death of Yu Menglong has sparked global protests and a 500K petition amid claims of censorship, a torture video, and captivity at the QiHao Art Museum.

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Benzinga

Hyatt Teams Up With Homeinns To Bring Extended-Stay Hotels Across China

Hyatt Hotels Corporation (NYSE:H) on Wednesday signed a master franchise agreement with Homeinns Hotel Group to launch Hyatt Studios hotels in China.

Euronews

China's Baidu to launch driverless taxi trials in Switzerland this December

Baidu is joining the fast-growing race to launch driverless taxis in Europe, going head-to-head with Uber, Waymo and other global tech rivals.

International Business Times UK

'Trying to Kill NASA': Elon Musk Accuses Acting Chief Sean Duffy of Botching the Lunar Program

Elon Musk ignited a fierce public feud with Acting NASA Administrator Sean Duffy, calling him 'Sean Dummy' and suggesting he had a '2-digit IQ' in a dramatic series of posts on X.

Benzinga

China's Gold Binge May Eclipse US Dollar, Says Top Economist

China has emerged as a major force behind the recent surge in gold prices, with its growing influence projected to surpass even that of the U.S. dollar, according to a top economist.

Tom’s Hardware

Chinese companies unveil a swathe of breakthrough chipmaking innovations at tradeshow — chipmaking lithography tools, software design tools, and resists all on display as the nation pursues self-sufficiency

At Shenzhen’s WeSemiBay Expo, Huawei-backed SiCarrier and SMEE spinoff Amies Technologies unveiled new chipmaking tools, EDA software, and EUV-grade materials, as China doubles down on semiconductor self-sufficiency.

Euronews

Turkic states pursue growing economic and trade ties with EU, secretary general tells Euronews

The alliance of Turkic states is becoming an economic powerhouse through growth, energy resources and trade connecting Europe and Asia, including China. The bloc, with a potential for growth, energy resources and a young population, looks to Brussels for more cooperation.

Caixin Global

Business Brief (Oct. 22): Gold Suffers Sharpest Intraday Drop in 12 Years

Trump says he will visit China early next year, U.S. and Australia sign critical minerals pact

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