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The Latest Breaking News from China

China seeks semiconductor and AI self-reliance in ambitious new 5-year plan — Beijing also wants to increase domestic spending and reduce reliance on exports

The CCP's 15th five-year plan draft focuses on a path of technological independence while reducing its reliance on exports for economic growth.

Tom’s Hardware

China Vows To Boost Consumption, National Security After Key Meet

China's ruling Communist Party said Thursday the country has to "vigorously boost consumption" and "consolidate national security" in the next five years, state media reported, as a key gathering concluded in Beijing.

International Business Times

China Slams Trump's Russia Sanctions, Kremlin Calls It 'An Act of War' As EU Unveils New Measures

China has voiced its opposition to the U.S. sanctions on Russia’s oil companies, emphasizing the need for sanctions to be in line with international law. Meanwhile, the European Union (EU) imposed fresh Russian sanctions on Thursday.

Benzinga

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read the most diverse news in one place.

Tech stocks look shaky, and the market is ‘showing early signs of vulnerability,’ JPMorgan analyst says

A series of earnings calls from tech companies has disappointed traders.

Fortune

‘They told me not to speak out’: the woman who took on China – and won her husband’s freedom

After fleeing Chinese repression, Uyghurs Idris and Zeynure Hasan thought their family would be safe. But Beijing’s growing influence led to Idris’s arrest and a long battle to be reunited

The Guardian - UK

Which countries buy Russian oil – and what impact will sanctions have?

The Trump administration imposed sanctions after plans to hold a second summit on ending the war in Ukraine were abandoned

The Independent UK

Trump considering China export ban on items made with or containing U.S. software — sweeping restriction to hit hard in response to Beijing’s rare earth embargo in major trade war escalation

Trump is considering blocking all U.S. software from China if it doesn't lift its rare earth restrictions.

Tom’s Hardware

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Government says Attorney General was not involved in collapsed China spy case

Robert Jenrick had asked why Baron Richard Hermer had not provided evidence to stop the case collapsing.

Evening Standard

America's First Antimony Mine In Decades Breaks Ground

Perpetua Resources Corp. (NASDAQ:PPTA) has begun early works construction at its $1.3 billion Stibnite gold-antimony project in central Idaho, after receiving final approval from the U.S. Forest Service (USFS). The project is the first U.S. antimony mine in decades, marking a fresh milestone in the domestic effort to secure supplies…

Benzinga

Stocks Muted Before the Open With Earnings in Focus

December S&P 500 E-Mini futures (ESZ25) are up +0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.08% this morning as investors digest quarterly results from major companies, including Tesla and IBM, and await a new batch of corporate earnings reports.

Barchart

Stock Market Today: Dow Jones, Nasdaq Futures Tumble Amid US-China Trade Tensions—Tesla, IBM, American Airlines In Focus

U.S. stock futures were swinging on Thursday following Wednesday’s declines. Futures of major benchmark indices were lower.

Benzinga

GM CEO Mary Barra Says There's Overcapacity In China's EV Market Amid EV Price War

General Motors Co. (NYSE:GM) CEO Mary Barra says that the Chinese EV market is currently grappling with overcapacity amid the country's EV price war.

Benzinga

China to focus on speeding up self-reliance in science and tech in new economic plan

China's ruling Communist Party says it will focus on speeding up self-reliance in science and technology

The Independent UK

North Korea Accused of Stealing $2.84 Billion in Crypto Since 2024 with China's Help

Report finds North Korea stole $2.84 billion in cryptocurrency since 2024, laundering funds through Chinese networks and overseas IT workers.

International Business Times UK

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Tom’s Hardware

China releases 'UBIOS' standard to replace UEFI — Huawei-backed BIOS firmware replacement charges China's domestic computing goals

Support for chiplets, heterogeneous computing, and a step away from U.S.-based standards are key features of China's BIOS replacement.

Caixin Global

Tech Brief (Oct. 23): China Cracks Down on Smart Devices Over Data Violations

Huawei rolls out HarmonyOS 6 amid ecosystem expansion, Baidu strikes deal to launch robotaxi service in Switzerland

Benzinga

Marjorie Taylor Greene Slams Trump's $40 Billion Argentina Bailout: 'One Of The Grossest Things I've Ever Seen'

Rep. Marjorie Taylor Greene (R-Ga.) slammed Trump’s $40 billion bailout for Argentina, calling it a betrayal of American ranchers and a violation of “America First” principles that are central to the MAGA movement.

The Guardian - UK

UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – as it happened

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects ahead

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Caixin Global

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

International Business Times

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.

AAP

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.

Barchart

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...

Benzinga

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…

Barchart

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...

Benzinga

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.

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