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The Latest Breaking News from China

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

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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

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.

Tom’s Hardware

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

Caixin Global

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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.

Benzinga

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

The Guardian - UK

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

Caixin Global

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.

International Business Times

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.

AAP

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...

Barchart

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…

Benzinga

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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.

Benzinga

Tech Stocks Drop, Netflix Sinks 10% On Worst Day Since 2022: What's Moving Markets Wednesday?

Risk sentiment deteriorated sharply on Wednesday as a wave of disappointing earnings guidance and escalating U.S.-China trade tensions rattled investor confidence.

Benzinga

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum Inc (NYSE:QBTS) are trading lower Wednesday afternoon, caught in a broader market downturn. The broader tech sector is facing headwinds from a Reuters report that the United States is considering new restrictions on exports to China involving U.S. software and technology. Here’s what investors need to…

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Benzinga

Trump Mulls Tech Export Crackdown On China: These 10 Stocks Are Sinking

A fresh wave of trade tension between the U.S. and China rocked Wall Street on midday Wednesday after President Donald Trump hinted at sweeping restrictions on technology exports powered by American software, sending tech stocks into a sudden tailspin.

TechRadar

Jensen Huang says Nvidia’s China market share fallen to zero - so where does it go next?

Nvidia has lost its 95% market share in China, the world’s second-largest computer market.

Texas Observer

A New Generation of Industries Emerges in Texas from Federal Push for Mining Revival

The United States doesn’t produce the minerals and metals needed for renewable energy, microchips, or military technology. Authorities want to change that as quickly as possible.

Benzinga

Apple Reportedly Cuts iPhone Air Production, Ramps Up Other Flagship Models

Apple Inc. (NASDAQ:AAPL) is drastically cutting iPhone Air production orders but boosting those for other flagship iPhone 17 models amid strong demand, according to a report published on Wednesday.

Benzinga

US Pushes Argentina To Curb China Ties Amid Bailout, Eyes Critical Minerals: Report

In a bid to reduce China’s influence in Argentina, the Trump administration is reportedly pushing officials in Buenos Aires to restrict Beijing’s access to the country’s resources.

Tom’s Hardware

China wants US semiconductor companies to submit sensitive data as part of probe — 'anti-dumping' investigation requests sales and profit data

China’s Trade Remedy and Investigation Bureau under the Ministry of Commerce has published new questionnaires for US semiconductor businesses designed to find any discrepancies in their international pricing as part of an anti-dumping investigation.

Tom’s Hardware

China's supercomputer breakthrough uses 37 million processor cores to model complex quantum chemistry at molecular scale — Sunway fuses AI and quantum science

Chinese researchers used the Oceanlite supercomputer and a custom NNQS model to simulate molecular systems with 120 spin orbitals.

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