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The Latest Breaking News from China

Xerox's CEO takes the long view on 'reinvention'

Also: Meta eyes billion-dollar AI investment, Musk says he might have gone too far, and U.S. and China agree to framework deal.

Fortune

S&P Futures Tick Lower With Key U.S. Inflation Data in Focus, U.S.-China Trade Talk Details Awaited

June S&P 500 E-Mini futures (ESM25) are trending down -0.14% this morning after the U.S. and China agreed on a framework to ease trade tensions, but investors were left disappointed by the lack of details, with the focus now shifting to the release of key U.S. inflation data.

Barchart

US and China reach deal to ease rare earth mineral export curbs after talks in London

US commerce secretary says framework puts ‘meat on the bones’ of deal reached last month in Geneva to ease retaliatory tariffs

The Independent UK

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US and China agree framework deal to extend trade war truce

US commerce secretary expresses optimism that deal will resolve concerns about rare earths and magnets

The Guardian - UK

Month of May was world’s second-warmest on record: EU scientists

The biggest temperature increases were recorded in the Middle East, West Asia, northeast Russia, and north Canada.

Al Jazeera

Air Cargo's Golden Hour: Why Speed, Strategy and Smarter Shipping Define the Future of Trade

Global trade has always been about movement. But in the 21st century, it’s not just about getting goods from one place to another—it’s about how fast, how smart, and how seamless that movement can be.

inkl

Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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FTSE 100 Live 11 June: Housebuilding stocks rally, US-China talks lift index

Progress on US-China trade talks today kept the FTSE 100 index on the front foot in a session when another London-listed company headed for the exit.

Evening Standard

Four former staff of Taiwan’s ruling party charged with spying for China

Accused held senior positions with Democratic Progressive party including one who worked for Taiwan’s president

The Guardian - UK

Asia shares climb after China and the US say they have a framework for seeking a trade deal

Asian shares are trading higher after China and the U.S. said they have a framework for following up on the trade truce reached last month in Geneva

The Independent UK

US, China agree on ‘framework’ on trade after talks in London

Negotiators say agreement will be presented to US President Donald Trump and Chinese President Xi Jinping for approval.

Al Jazeera

Rights group says global brands are at risk of links to forced labor in China's minerals industry

An international rights group says several global brands are among dozens of companies at risk of using forced labor through their Chinese supply chains

The Independent UK

Australian shares fade after hitting new record

A trade truce between the world's two largest economies helped send Australian shares to new heights, but an afternoon sell-off shows investors remain wary.

AAP

US and China strike a deal on trade framework after talks in London

The London talks are the latest in the two countries’ joint efforts to find a middle ground to resolve a trade dispute which threatens to plunge the world into recession and economic instability.

Euronews

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The Independent UK

The US and China have agreed on a framework to resolve their trade disputes

Chinese state media say that the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month

Barchart

Stocks Settle Higher on Signs of Progress in US-China Trade Talks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.66%. June E-mini S&P futures (ESM25 ) are up +0.54%, and June E-mini Nasdaq futures...

Tom’s Hardware

AMD supercomputers take gold and silver in latest Top500 as Chinese HPC remains shrouded in secrecy

The Top500 project's 65th list of performance results reveals U.S. leadership in supercomputing. The AMD-based El Capitan, Frontier, and Intel-powered Aurora take the top three spots. AI-focused systems like Microsoft's Eagle and Germany’s GH200-powered Jupiter Booster make early appearances. China submitted no new entries for this Top500 edition.

Fortune

Tech stocks inch up as Meta reportedly nears multi-billion dollar AI investment

The S&P 500 rose 0.55% on Tuesday as investors await resolution of U.S.-China discussions.

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InsideEVs

This Battery Swapping EV Hatchback Is Coming For Mini And Fiat

Nio's Firefly EV arrives in Europe with solid branding and a fun-to-drive chassis. Oh, and it swaps batteries too.

Barchart

Dollar Posts Modest Gains on US-China Trade Optimism

The dollar index (DXY00 ) Tuesday rose by +0.13%. The dollar recovered from early losses Tuesday and moved higher on signs of progress in the US-China trade talks. On Monday evening, President Trump stated that the US was "doing well with China" and that he was "only getting good reports"...

The Independent UK

San Antonio Spurs star Victor Wembanyama heads to a temple in China for a few days

Victor Wembanyama is in China, and it’s not all about vacation

Kiplinger

America's Surprising Strengths in Manufacturing and Exports

Despite common perceptions that the U.S. doesn't build things anymore, American factories are still hard at work. A special report from The Kiplinger Letter.

We Got This Covered

‘The US loves to have Chinese students’: Trump gives in to China after devastating tariff blunders

Trump's concessions raise questions about US leverage and China's strategic dominance.

Evening Standard

Housebuilding and China trade hopes lift London stocks

Figures showed the unemployment rate rose slightly in the three months to April, as expected.

LiveScience

First-ever image of China's mysterious 'quasi moon' probe revealed weeks after it secretly launched into space

A new image released by China's space agency offers the first glimpse at the Tianwen 2 spacecraft, which is en route to collect samples from one of Earth's "quasi-moons". The photo shows some surprising similarities with a current NASA probe.

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