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The Latest Breaking News from China

Dollar Slides and Gold Rallies as US-China Trade Tensions Escalate

The dollar index (DXY00 ) Monday fell by -0.58% and posted a 1-1/4 month low. Escalation of US-China trade tensions has led to a selloff of the US dollar after China accused the US of violating their recent trade deal by unilaterally introducing new discriminatory restrictions. Also, dovish Fed comments...

Barchart

Crude Prices Finish Higher as the Dollar Slumps and Oversupply Concerns Ease

July WTI crude oil (CLN25 ) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25 ) closed up +0.0374 (+1.86%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 1-1/2 week high. Monday's fall in the dollar index (DXY00 ) to a 1-1/4 month...

Barchart

Trump’s trade policy is making China great again — at the US’s expense, new global analysis finds

Survey finds ‘overwhelming majority of countries simultaneously exhibit worsening views of the United States and improving views of China’

The Independent UK

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The Unexpected Way China Tariffs Could Help, Not Hurt, Apple Stock

This article examines how U.S. tariffs may actually benefit Apple in the short term.

Barchart

You Should Be Afraid Of The $8,000 BYD Seagull

China’s best-selling car is a downright dignified driving experience. I don’t know if Western automakers can replicate this experience at this price.

InsideEVs

Defence and gold in favour as FTSE 100 ekes out marginal gains

The FTSE 100 index closed up 1.88 points at 8,774.26.

Evening Standard

Over $90,000 worth of RTX 5090 GPUs have been replaced in-box by crossbody backpacks at just one Silicon Valley Micro Center

Micro Center says it could be an issue at source in China, which means there could be far more than 32 cases of missing GPUs.

PC Gamer

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Stocks Slip on Trade Risks and Weak US Manufacturing Activity

The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. June E-mini S&P futures (ESM25 ) are down -0.14%, and June E-mini Nasdaq futures...

Barchart

Örkesh Dölet descended on to Tiananmen Square with thousands of fellow student protesters. He’s now 36 years into exile

As the anniversary of the 1989 massacre approaches, the Uyghur activist reflects on his lifelong dedication to the fight for democracy

The Guardian - AU

Dollar Sinks and Gold Jumps on Rising US Trade Tensions

The dollar index (DXY00 ) today is down by -0.67% at a 1-1/4 month low. Escalation of US-China trade tensions has led to a selloff of the US dollar after China accused the US of violating their recent trade deal by unilaterally introducing new discriminatory restrictions. Also, dovish comments from...

Barchart

Tesla's Affordable EV Denials Sent The Company Into Shock

Elon Musk's affirmation of more affordable Tesla EVs coming soon was a surprise to his team. Plus: how legal are Trump's EV rollbacks?

InsideEVs

Stocks Pressured by Escalation of US-China Trade Tensions

The S&P 500 Index ($SPX ) (SPY ) today is down -0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.11%. June E-mini S&P futures (ESM25 ) are down -0.45%, and June E-mini Nasdaq futures...

Barchart

Archaeologists finally crack origin mystery of Tibet’s ‘ghost ancestors’

Study confirms China’s Yunnan province as key crossroads of human migration

The Independent UK

Nvidia reportedly developing new AI chip for China that meets export controls – B30 could include NVLink for creation of high-performance clusters

A new report suggests that Nvidia's B30, the successor to its China-exclusive H20, will feature multi-GPU scaling through either NVLink or ConnectX-8.

Tom’s Hardware

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Euronews

European markets lower as investors eye US-China trade developments

European markets were lower on Monday afternoon as investors monitored updates on US-China tariff developments.

Fortune

Jamie Dimon is more worried about America's 'enemy within' than China

"Warren Buffett would tell you we're enormously resilient, and I agree with that," Dimon said. But "this time is different, this time we have to get our act together and we have to do it very quickly."

The Independent UK

Chinese paraglider’s death-defying thundercloud video may partly be fake

American digital security firm says first five seconds of Peng Yujiang’s video contain images generated by AI

The Independent UK

Australia demands China explain ‘biggest military build-up since Second World War’

Defence minister says recent Chinese military drill near Australia was ‘disruptive’ but ultimately ‘in accordance with international law’

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Fortune

Welcome to the Fortune 500's 71st annual edition

Also: China accuses U.S. of violating trade truce, law firms punished for appeasing Trump, and IBM’s new path ahead.

Fortune

Stock markets dip as Beijing blasts Trump's ‘bogus charges’ that it’s violating the Geneva trade agreement

The U.S. and China are accusing each other of undermining an uneasy truce in their trade.

The Guardian - UK

China accuses US of ‘seriously violating’ trade truce

Beijing says it will safeguard its interests after Donald Trump claimed it had ‘totally violated’ agreement

Euronews

China accuses US of violating trade truce and vows firm retaliation

Beijing’s remarks came after US President Donald Trump said on Friday that China had “totally violated” the agreement.

Al Jazeera

US urges Australia to increase defence spending to 3.5% of GDP

PM Albanese says government already increasing spending and decisions will be based on defence capability needs.

The Independent UK

China vows ‘forceful measures’ after accusing US of violating tariffs truce

Beijing says it is ‘strictly implementing’ consensus reached in Geneva but US is taking steps that ‘seriously undermine’ it

The Guardian - UK

US manufacturers hurt by Trump trade war; pound near three-year high against dollar – as it happened

Rolling coverage of the latest economic and financial news

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