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The Latest Breaking News from China

US government to ban Chinese hardware and software for connected vehicles: Report

American government to ban Chinese and Russian vehicle connectivity systems and automated driving systems.

Tom’s Hardware

Tesla stock surges amid optimism on Q3 earnings, 'robotaxi day'

The Biden administration also announced a proposed ban on Chinese-developed software from all internet-connected cars in the U.S.

Fortune

Trump Focuses On Countering China In Pennsylvania Swing State

Former President Trump addresses U.S. dependence on China, focusing on reducing imports and protecting American farmers during his visit to Pennsylvania.

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Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

A ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware is being sought by the U.S. Commerce Department, with the stated goal of protecting national security and U.S. drivers

The Independent UK

Is the Worst Over for These Beaten-Down Dividend Stocks in the Dow?

The article examines whether the recent recovery in two underperforming dividend stocks on the Dow signals a potential turnaround.

Barchart

U.S. Aims To Ban Cars With Software, Hardware Links To China

Forget tariffs on EVs. Proposed new U.S. Commerce Department rules would ban cars with digital links to China from 2027 onward.

InsideEVs

Polestar Is In Trouble. Is The Polestar 3 Good Enough To Save It?

Polestar needs a home run. Its first SUV, a 517-hp electric luxury cruiser with 315 miles of range, comes close—but may not do enough.

InsideEVs

Emma Raducanu withdraws from major China tournament after latest injury blow

The British No 2 pulled out of the WTA 1000 event due to sprained foot ligaments

The Independent UK

Asian Stocks Boosted By US Rate Cut, China Stimulus Hope

Traders greeted the first reduction in borrowing costs since 2020 by pushing the Dow and S&P 500 to record highs as they contemplated a soft landing for the world's top economy.

Latin Times

Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report

The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.

International Business Times

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Fortune

An $80 million crypto fund backed by Bill Ackman is winding down after its Forbes 30 under 30 founder went silent in China

The founder of the crypto fund went silent in China for more than a month before re-appearing.

International Business Times

EU Launches WTO Challenge Against China Dairy Probe

The EU on Monday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy product, in the latest move in a trade spat between Beijing and Brussels.

The Independent UK

Asian stocks climb after Wall Street closes its record-setting week mixed

Asian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China

Fortune

TikTok risks federal ban by not seeking divestment, U.S.-China Commission member warns

"TikTok is barreling toward an outright federal ban as a direct result of its failure to pursue an orderly divestiture."

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AAP

Australia increases influence in Asia, report shows

A power ranking of countries in Asia has shown Australia has risen up the rankings to fifth position, only behind the US, China, India and Japan.

International Business Times

Captured On Camera: Hiker In China Nearly Hurtles To His Death

Yang Meng, 42, was stopped by a tree in the Fanzengjian mountains

International Business Times

Angry French Cognac Makers See Red Over Chinese Tariffs Threat

Frustrated cognac producers in southwestern France are growing increasingly anxious over the looming threat of Chinese tariffs on European brandy, a move industry representatives worry could force French liquor from the Chinese market.

The Times of India

Chess Olympiad: Gold all but assured after India men beat top seeds USA; women also in the running for golden finish

India have all but won their first-ever Chess Olympiad men’s team gold medal with a round to spare. The official coronation — barring huge misfortune or improbable results — is on Sunday. The 11th and last round will be played in Budapest, Hungary, from 2.30pm IST.

AAP

Treasurer confident of firming up ties on China trip

Jim Chalmers will meet with economic counterparts in Beijing in the first visit by a federal treasurer to China in seven years.

The Times of India

India virtually seal historic gold at Chess Olympiad in Open section

Arjun Erigaisi has put India on the brink of winning a historic maiden gold in the Open section of the 45th Chess Olympiad with a victory over USA's Leinier Dominguez Perez in the final match of the 10th round, with only a mathematical chance for China keeping the contest alive.

Al Jazeera

Biden says China ‘testing us’ at quad leaders summit in Delaware

Joe Biden says alliance between US, Australia, India and Japan is ‘here to stay’, pledges to deepen partnership.

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