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The Latest Breaking News from China

Owner of California biolab that fueled bio-weapons rumors charged with mislabeling, lacking permits

The Chinese owner of an unauthorized California lab that fueled conspiracy theories about COVID-19 and bio-weapons was arrested on charges of manufacturing and distributing misbranded medical tests and making false statements

The Independent UK

2 Outperforming Chip Stocks With Minimal China Exposure

Looking for exposure to chip stocks, but worried about the sector's heavy China dependence? Here are two standout semiconductor stocks that have relatively limited exposure to the country as geopolitical tensions ratchet higher.

Barchart

Can Nvidia Navigate the New U.S. Chip Restrictions to China?

Since posting a record high in August, shares of Nvidia (NVDA ) have languished due to mounting headwinds for the company. The steady increase in global interest rates has undercut most high-valued chip stocks, as the 10-year T-note yield posted a new 16-year high on Thursday. Also, new U.S. rules...

Barchart

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The White House details its $105 billion funding request for Israel, Ukraine, the border and more

The White House has released the details of a $105 billion request for funding Israel, Ukraine, border security and humanitarian assistance and countering China

The Independent UK

The White House is asking for almost $106 billion for Israel, Ukraine and the border

Congress declined to give the White House $24 billion in aid for Ukraine in late September. Now there's a much bigger request, which also includes money for Israel and other priorities.

WEKU

China’s birth rate crisis is so intense that Nestlé is closing a baby formula plant as demand dwindles

Nestlé operations in Askeaton, Ireland, will be moved to China and Switzerland, as falling births in China dent baby formula demand.

Fortune

Nod for Chinese technicians to come ashore at Vizhinjam violates security guidelines: Jairam Ramesh

Congress leader Jairam Ramesh alleges Centre complicit in allowing Chinese workers to disembark at Vizhinjam port, violating security guidelines. He questions why Chinese workers are being allowed to work illegally for Adani Group linked to global money-laundering networks. Home Ministry guidelines state no landing permit for nationals of Afghanistan, China,…

The Hindu

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Coty CEO says celebrity brands need more than a name to win repeat customers

Coty has invested in celebrity brands such as those from Kylie Jenner and Kim Kardashian.

Fortune

Apple Stock Price Prediction for 2025: Will It Still Be the World’s Largest Company?

Apple has been the world's largest company, for the most part, since 2011. Can it hold on to the title by 2025? Here's the long-term price prediction for Apple stock, and the key drivers to watch.

Barchart

Markets Today: Stocks Fall as Middle East Tensions Ratchet Higher

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.38%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.45%, both at 2-week lows. Stock index futures this morning are moderately lower on concern the conflict between Israel and Hamas may widen to a regional conflict....

Barchart

Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector

A delay could be retaliation for new U.S. controls on sales of advanced AI chips to China.

Fortune

Sydney businessman accused of foreign interference tells court police evidence contains ‘exaggerations’

Judge denies Alexander Csergo bail during hearing at Sydney’s Downing Centre on Friday

The Guardian - AU

Aid set for Gaza just a 'drop in the ocean of need'

IN THE PRESS – Friday, October 20: We take a look at the Arabic press, as they report on the aid slated to arrive in Gaza this Friday, although many humanitarian organisations say it's nowhere near enough. Also, The Washington Post takes a "deep dive" into China's attempts to monopolise…

France 24

US says China has significantly expanded its nuclear arsenal

Pentagon’s annual report says China has more than 500 nuclear warheads and is likely to double that by 2030.

Al Jazeera

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Caixin Global

Shanghai Composite Index Fell 0.74% on Friday

Shenzhen Component Index closed down 0.88%

The Guardian - AU

Afternoon Update: Biden’s Oval Office address on Israel-Hamas; Australia eyes improved relations with China; and the push to ban cruise ships

The US president has urged Americans to support tens of billions of dollars of funding for Israel and Ukraine

AAP

Business travel to China lifts off amid tariff talks

Businesses hope a breakthrough in Chinese sanctions on Australian exports is near as corporate travel bookings between Australia and China ramp up.

The Guardian - AU

Australia rules out cancelling Chinese company’s lease over Port of Darwin

Government also presses for removal of imposts on wine ahead of Anthony Albanese’s visit to Beijing next month

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The Guardian - AU

Biden ‘didn’t hear the full question’ on whether Israel should delay Gaza ground assault, White House says – as it happened

White House says US president was only commenting on whether he wanted to see more hostages released

InsideEVs

Tesla Added 330 New Supercharging Stations Globally In Q3 2023

During the third quarter of 2023, Tesla slightly accelerated the rate of expansion of its Supercharging network around the world.

WEKU

New Pentagon report claims China now has over 500 operational nuclear warheads

The Pentagon's latest report shows China is on track with its efforts to develop a nuclear arsenal - though their total warheads are still a fraction of that of the US.

InsideEVs

Tesla Model 3 Highland Deliveries In China Start Soon, No Word On U.S.

Tesla announced on its Chinese Weibo channel today the official start of sales of the highly upgraded Tesla Model 3 Highland in China.

StockNews.com

Is Starbucks (SBUX) a Caffeinated Buy or Hold?

Coffee retailer Starbucks (SBUX) missed its comparable sales growth estimates in the last reported quarter and is trying to deal with more competition in China. Amid this, should investors buy or hold the stock now? Let’s look at its financial metrics to gauge its prospects….

The Guardian - US

Nebraska governor’s remarks about Chinese reporter spark outrage

Yanqi Xu, 27, said she was ‘shocked’ by Jim Pillen’s comments and has since received support from other journalists

Motorsport

Shanghai added, Hyderabad retained as Formula E reveals full 2024 calendar

The Shanghai International Circuit will play host to rounds 12 and 13 on 25-26 May, just over five years after FE last visited China with a race on the island city of Sanya.

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