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The Latest Breaking News from China

China Secures 'Win-Win' TikTok Deal With US As Trump Extends Deadline, ByteDance Hits $330 Billion Valuation

President Donald Trump granted another extension for TikTok's U.S. divestment deadline as Washington and Beijing reached a framework deal that China called a "win-win," while ByteDance's valuation climbed to $330 billion through a new employee buyback program.

Benzinga

Trump celebrates TikTok deal as Beijing suggests US app would use China’s algorithm

Comments from Chinese official in Madrid have raised questions over who could control the algorithm that powers Tik Tok’s video feed

The Guardian - AU

Pacific leaders reach agreement on big issues – but unity remains elusive

The Pacific Islands Forum wrapped up its annual leaders meeting last week with some significant agreements, including the launch of the region’s own climate financing facility, the endorsement of the Ocean of Peace declaration and policies on partnerships and broader aspirations for “deeper integration”.

The Conversation

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‘Everyone should be worried’: life in the crosshairs of China’s ‘Guam killer’ missiles

The big Beijing military parade included new weaponry that analysts say could potentially threaten the US Pacific territory

The Guardian - AU

Why Bessent's Tariff Talk Puts Dollar-Sensitive Stocks On Edge

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended…

Benzinga

Bessent Says Trump Was Ready To Let TikTok 'Go Dark' — Here's What That Means For Tech Stocks

President Donald Trump was ready to let TikTok "go dark" — and that hardball stance forced China back to the negotiating table, according to Treasury Secretary Scott Bessent. But while Washington debates national security, Wall Street is asking a different question: what does TikTok's uncertain fate mean for U.S. tech…

Benzinga

Under the Radar: 18 Asian Stocks That Offer Big Value in U.S. Markets

While Wall Street obsesses over the latest AI darling and retail investors pile into meme stocks, a genuine opportunity sits neglected in plain sight. Asian markets—excluding the perpetual China question mark—are trading at valuations that would make Ben Graham’s ghost weep with joy.

Benzinga

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Trump Extends Delay On US TikTok Ban Until Mid-December

US President Donald Trump on Tuesday extended a delay on enforcing a ban against TikTok until December 16, marking the fourth postponement of a law designed to force the app's sale from its Chinese owner.

International Business Times

Trump pushes TikTok deadline as new details emerge on a US-China deal over social media giant

Trump has refused to enforce a law banning the app

The Independent UK

Grocery Prices Keep Rising While Farmers’ Incomes Fall

Last week’s headlines confirmed what many shoppers already felt at the checkout line—grocery prices are climbing fast. The Bureau of Labor Statistics (BLS) reports on...

Saving Advice

Top US tech companies are holding developers in closed-source AI ecosystems, Ant Group says

China hopes to tackle UK dominance by open-sourcing its models, while US companies keep them under wraps.

TechRadar

Jasmine Paolini helps Italy survive China scare to reach Billy Jean King Cup semis

Hosts China served for both singles matches but were unable to win either

The Independent UK

Canada’s tariff wall on Chinese electric vehicles is deepening dependence on the U.S.

In October 2024, Canada imposed a 100 per cent tariff on all electric vehicle (EV) imports from China, effectively barring consumers from accessing some of the world’s most innovative, affordable models. These tariffs are deepening the country’s dependence on the United States and undermining its climate goals.

The Conversation

Stocks end down as Fed policy meeting begins

It follows the release of industrial and retail data in the US.

The Independent UK

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The Independent UK

World’s oldest human mummies were smoke-dried 10,000 years ago, new research shows

The mummies predate the famous burial practices in Ancient Egypt

Euronews

Clothes imports up 14% in 2025 amid fierce competition from China

The textile industry is sounding the alarm as imports in the fast fashion sector continue to grow steadily.

TechRadar

TikTok to be saved in the US as Trump confirms a deal with China ahead of upcoming ban

China and US officials confirmed they reached an ownership agreement over TikTok, two days before the "divest or be banned" deadline was set to expire.

The Independent UK

Scientists discover world’s earliest evidence of human mummification

The evidence is far older than better-known examples from ancient Egypt and South America

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International Business Times

Europe Slow To Match Economic Rivals US, China: Draghi

The European Union is "failing to match the speed of change" in the United States and China and must act urgently on economic reforms to avoid falling further behind, a key report's author said Tuesday.

International Business Times

Philippines Says One Injured In China Coast Guard Water Cannon Attack

The Philippines said one person was injured Tuesday when a water cannon attack by a China Coast Guard vessel shattered a window on the bridge of a fisheries bureau ship near a disputed shoal in the South China Sea.

Fortune

The AI bull case for the republic

Between regulations, statutes, and case law, our country has accumulated around 260 million lines of law at the federal level alone.

Tom’s Hardware

Nvidia's China-exclusive RTX 6000D reportedly gets lukewarm reception in China due to hobbled performance — could leave Nvidia with huge backlog of unwanted GPUs

Nvidia may struggle to sell the reported two million RTX6000D Chinese GPUs it's set to produce this year, as Chinese firms are showing lukewarm interest amidst ongoing trade negotiations and the uncertain future of Nvidia's B30A GPU.

Euronews

This is the most innovative country in the world and it's in Europe. How does your country compare?

China knocked Germany from the top 10 in the global innovation ranking.

Benzinga

Lam Research And JSR Resolve Legal Disputes As They Team Up On AI Era Chips

Lam Research (NASDAQ:LRCX) and JSR Corp. (OTC:JSCPY) announced a non-exclusive cross-licensing and collaboration agreement to accelerate next-generation semiconductor manufacturing.

Benzinga

Nvidia's Market Capitalization Surpasses Canada's GDP, As McKinsey Projects $1.7 Trillion AI Data Center Spend By 2030

Nvidia Corp.’s (NASDAQ:NVDA) market capitalization has reached a staggering $4.32 trillion, surpassing the gross domestic product (GDP) of Canada's entire economy, as new forecasts point to explosive global demand for AI-driven data centers.

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