The Latest Breaking News from China

Where would Western luxury automakers be today without the Chinese market? Prestige brands have been riding the gravy train for years, but all good things must come to an end. The rise of domestic automakers has severely impacted demand for international brands; ask Porsche. Its sales in China slipped by…

China says six Filipinos landed on a tiny outcropping that both countries claim in the South China Sea

It is set to be a busy week for financial markets, with key economic data, including the eurozone’s flash inflation figures for April and the US non-farm payrolls, due for release. Additionally, big tech earnings, particularly Apple’s quarterly results, will be closely watched.

Gold retreated sharply from an all-time high in the past week as risk-aversion sentiment abated following Trump’s softened tone on China tariffs. While the price drop may continue in the near term, analysts expect gold to extend its long-term rally due to ongoing uncertainties.

Rolling coverage of the latest economic and financial news

Philippine officials say a mission visited Sandy Cay Reef in disputed South China Sea and unfurled the national flag.

Exclusive: Force, which had dropped objection to plan, says protests of more than 500 people would impede traffic and require extra resources

Beijing and Manila accuse each other of illegal activities around Sandy Cay near the Spratly Isles, as joint US-Filipino military drills get under way in region

The world needs huge quantities of critical minerals to make batteries, electric vehicles, wind turbines, mobile phones, computers and advanced weaponry.

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese exports

Lenders expected to split into two camps: those focused on domestic customers and those with large operations in the US, China and the EU