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The Latest Breaking News from China

Top semiconductor toolmaker launches talent competition in China — ASML is looking for 16 skilled lithography engineers

ASML launches an online competition in China to boost lithography awareness and recruit talented engineers for its operations in the country.

Tom’s Hardware

Beijing confirms that it has signed a trade agreement with the US

China said on Friday that it had further confirmed details of a trade framework, including the export of rare earths.

Euronews

China Confirms Trade Deal Framework Reached With United States

China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.

International Business Times

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Howard Lutnick Confirms US-China Trade Agreement, Reaffirms White House's Progress To Close Deals With 10 Other Trading Partners

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading partners.

Benzinga

Nike warns Trump tariffs could cost it nearly £730m

The sportswear giant recently warned it would raise prices on some trainers and clothing in the US to counter rising tariffs.

Evening Standard

Wall Street hits record high on trade deal hopes; UK car exports to US halve due to tariffs – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Tesla Model Y-rival Xiaomi YU7 SUV Receives Nearly 300,000 Orders In 1 Hour In China

Xiaomi Corp (OTC:XIACY) (OTC:XIACF) unveiled the company's first all-electric SUV, the YU7, as a rival to Tesla Inc. (NASDAQ:TSLA) Model Y.

Benzinga

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Israel Iran conflict highlights Asia's dependence on Middle East oil

A blockade of the Strait of Hormuz could affect a number of Asian countries, making renewable energy capacity a crucial guard against volatility.

Euronews

Tibetans Face Up To Uncertain Future As Dalai Lama Turns 90

Tibetans in exile celebrate the 90th birthday of spiritual leader the Dalai Lama next week, an occasion overshadowed by uncertainty about the future of the role and what it means for their movement.

International Business Times

Israel-Iran war highlights Asia's dependence on Middle East oil, and slow progress on clean energy

Asia’s dependence on Middle East oil and gas — and its slow shift to clean energy — leave it vulnerable to disruptions in shipments through the Strait of Hormuz

The Independent UK

Trump Appointing A 'Shadow Chair' At The Fed Has Put Dollar Under Pressure, Meanwhile China Is Dumping The Greenback And Hoarding Gold

China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country’s reserves reaching its lowest levels in over a decade.

Benzinga

Photos of the busy ports on the Yangtze River after China-US trade friction cools

Activity at Chinese ports has rebounded since U.S. President Donald Trump and China’s leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other’s exports. That’s true, also, of inland ports along China’s mighty Yangtze River.

The Independent UK

Accused of acting as a Chinese agent, NY governors' ex-aide now faces pandemic fraud charge, too

A former aide to two New York governors has been charged with illegally profiteering from the state’s scramble for face masks early in the COVID-19 pandemic

The Independent UK

AI disruptor DeepSeek's next-gen model delayed by Nvidia GPU export restrictions to China — short supply of AI GPUs hinders development

DeepSeek's development of its next-gen R2 AI model has reportedly stalled due to a shortage of Nvidia's H20 chips in China, exposing the company's heavy reliance on U.S. hardware and casting uncertainty over the model’s launch timeline.

Tom’s Hardware

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Benzinga

Options Corner: Intel Hides In Plain Sight Amid The Shifting Geopolitical Spotlight

With a tenuous ceasefire between Israel and Iran still in place, Wall Street's attention is shifting toward the other contentious geopolitical issue: frayed relations between the U.S. and China. Earlier this year, President Donald Trump sent shockwaves across the global community by launching a series of tariffs, which continues to…

InsideEVs

LFP Batteries Revolutionized China's EVs. Now, America Steps Up Too

LG's American-made LFP batteries could help EVs charge in rural areas where the charging infrastructure isn’t mature.

Benzinga

Xiaomi Takes Aim At Tesla's Model Y With YU7 Launch In China

Xiaomi Corp. (OTC:XIACY) shares are trading higher Thursday after the company officially launched its new electric SUV, the YU7, undercutting Tesla Inc (NASDAQ:TSLA) on price and reporting a flood of pre-orders within minutes.

Barchart

Alibaba Just Released New AI Models for Apple. Does That Make AAPL Stock a Buy?

Apple needs China, and Alibaba just helped unlock its AI future with the Qwen3 model. Is this the catalyst AAPL bulls were waiting for?

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The Guardian - UK

Note to Starmer and the other sabre-rattlers. Why spend billions on weapons – soft power would keep us safe

With hawks on one side and doves on the other, we ignore the obvious fact that engagement is the best defence against conflict, says Guardian columnist Simon Jenkins

LiveScience

Scientists find new way of spotting invisible 'plasma bubbles' lurking in Earth's upper atmosphere

Researchers in China have developed a way of locating giant "equatorial plasma bubbles" in the ionosphere by analyzing the vibrant airglow that forms above them. The findings could help avoid potential disasters in air travel and emergency response situations.

The Conversation

How Macau’s second world war experience shaped the territory

This year marks the 80th anniversary of the end of the second world war, a conflict that left few corners of the globe untouched. In east Asia, the small Portuguese-administrated territory of Macau in southern China stood out as a rare neutral territory. But, despite its neutrality, Macau could not…

Tom’s Hardware

New homegrown China server chips unveiled with impressive specs — Loongson's 3C6000 CPU comes armed with 64 cores, 128 threads, and performance to rival Xeon 8380

Loongson has finally released its 64-core 3C6000 data center CPU, featuring CPU performance equivalent to 2023 Intel and AMD data center processors such as the Xeon 8380.

Vivo X Fold 5 beats Samsung to launch – but is it a Fold 7 killer?

Vivo has revealed the X Fold 5 folding phone, which will go on sale in China on 2 July.

Euronews

How does Europe’s defence spending shape up as Trump pressures allies?

Europe's military capabilities remain heavily reliant on the US, while both Russia and China have substantially advanced their production capacities and technological capabilities.

InsideEVs

The Xiaomi YU7 Goes On Sale At $35,000, Undercuts Tesla Model Y

Xiaomi has accepted Elon Musk's challenge to try and dethrone Tesla in China. And this high-tech SUV is cheaper than a Model Y.

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