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The Latest Breaking News from China

Who is Gen Asim Munir, the army chief leading Pakistan’s military amid India crisis?

Military chief once fell foul of Imran Khan, but since taking the top spot has been quietly amassing power over the government and supreme court

The Guardian - UK

Stocks Close Slightly Lower Ahead of US-China Trade Talks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.01%. June E-mini S&P futures (ESM25 ) are down -0.07%, and June E-mini Nasdaq futures...

Barchart

Stock markets stagnate as investors wait for results of China trade talks

“Many Trade Deals in the hopper, all good (GREAT!) ones!,” President Donald Trump posted Friday on his social media app Truth Social.

Fortune

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Switzerland's president hopes 'Holy Spirit' will guide US-China tariff talks in Geneva

The Swiss government said its talks with Bessent and US Trade Representative Jamieson Greer were “convivial and constructive” and were aimed to lay out the guidelines for a deal on the issue of customs duties to be discussed again in coming weeks.

Euronews

Dollar Edges Lowers Before US-China Trade Talks

The dollar index (DXY00 ) Friday fell from a 4-week high and finished down by -0.29%. Long liquidation pressures weighed on the dollar ahead of this weekend's US-China trade talks in Switzerland. Losses in the dollar accelerated Friday after New York Fed President Williams said he expects economic growth in...

Barchart

Crude Rallies on US-China Trade Talk Optimism

June WTI crude oil (CLM25 ) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25 ) closed up +0.0230 (+1.10%). Crude oil and gasoline prices on Friday rallied to 1-1/2 week highs and settled moderately higher. Friday's weaker dollar was bullish for energy prices. Also, optimism about this weekend's...

Barchart

U.S.-China trade talks will shed light on the end goal for tariffs

The world’s two largest economies will hold official trade talks this weekend.

Fortune

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‘I don’t have the cash to pay for these tariffs’: US small biz suffers

US small businesses are being financially stressed by Trump’s tariffs amidst already slim margins.

Al Jazeera

Trump calls emptying U.S. ports a 'good thing' despite supply-chain panic because 'that means we lose less money'

The president has repeatedly claimed the U.S. has a $1 trillion trade deficit with China, though economists argue a trade deficit isn’t inherently negative.

Fortune

Unusual Options Activity: 3 Long Straddles to Play From Thursday’s Top 100

There were 1,291 unusually active options in Thursday trading. The top 100’s Vol/OI ratios ranged from a high of 294.34 to a low of 10.60. Three of the top 10o are possible long straddles.

Barchart

How Trump’s trade war threw his and America’s toys out the pram

Parents have reacted with anger at his latest remarks

The Independent UK

Why Western Automakers Desperately Need Help From China

This is not your father's Audi.

InsideEVs

China's premier chipmaker SMIC faces chip yield woes as equipment maintenance and validation efforts stall

SMIC has begun to feel the effects of U.S. export controls on chipmaking tools, as disruptions from issues with maintenance and equipment installation led to yield losses and output shortfalls that will reduce its Q2 revenue by up to 6%.

Tom’s Hardware

Texas bill would prevent Chinese citizens from owning real estate there

Bill targets people from China, Iran, North Korea and Russia.

Fortune

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news in one place.

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Barchart

Crude Climbs on Dollar Weakness and US-China Trade Talk Optimism

June WTI crude oil (CLM25 ) today is up +0.70 (+1.17%), and June RBOB gasoline (RBM25 ) is up +0.0131 (+0.63%). Crude oil and gasoline prices today added to Thursday's sharp gains and climbed to 1-1/2 week highs. Today's dollar weakness is bullish for energy prices. Also, optimism about this...

The Conversation

India-Pakistan conflict over water reflects a region increasingly vulnerable to climate change

In an unprecedented move, India recently suspended the 1960 Indus Waters Treaty with Pakistan, citing cross-border terrorism. This was one of a series of escalations between the two countries which now find themselves on the brink of war.

Barchart

Stocks Turn Mixed on Caution Ahead of US-China Trade Talks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. June E-mini S&P futures (ESM25 ) are down -0.12%, and June E-mini Nasdaq futures...

Kiplinger

Hallmark Price Increase Due to Tariffs: What You Need to Know

Even some companies with U.S.-based manufacturing are impacted by the Trump administration’s trade dispute.

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news in one place.

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InsideEVs

Georgia’s EV Boom Is ‘At Risk,’ Senators Warn

Georgia is dotted with dozens of clean energy projects, often located in far-flung rural areas. Combined, they’re worth $28 billion, promising 42,000 well-paying manufacturing jobs. They are scattered across solar, hydrogen and grid transmission projects, but electric vehicles are at the center of it all, designed to provide greater independence…

MarketBeat

Taiwan Semiconductor Has a New Reason to Rally on Chip Curbs

President Trump has removed a ban on chips coming in an out of China, clearing the way for Taiwan Semiconductor to rally higher.

The Guardian - US

‘No one’s buying anything now’: how tariffs are striking a blow to historic Chinatowns

Already vulnerable from the pandemic and gentrification, Chinatown’s immigrant-run businesses now face a trade war

International Business Times

Putin, Xi, Steven Seagal And Missiles: Russia's Red Square Parade

Vladimir Putin chatted easily with China's Xi Jinping as a pro-Kremlin US actor sat nearby watching tanks and missiles roll across the cobblestones of Red Square.

Barchart

Dollar Slips Ahead of US-China Trade Talks

The dollar index (DXY00 ) today fell from a 4-week high and is down by -0.39%. Long liquidation pressures are weighing on the dollar ahead of this weekend's US-China trade talks in Switzerland. Also, today's rally in stocks has curbed liquidity demand for the dollar. Losses in the dollar accelerated...

Tom’s Hardware

Nvidia readies cut-down HGX H20 GPU for China to comply with export control rules

Nvidia plans to launch a downgraded HGX H20 AI processor with reduced HBM memory capacity for China by July to comply with new U.S. export rules, if a new rumor is correct.

Barchart

Stocks Climb on Optimism Before US-China Trade Talks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. June E-mini S&P futures (ESM25 ) are up +0.28%, and June E-mini Nasdaq futures...

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