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The Latest Breaking News from China

Tesla Engineers, Technicians, Sales Staff, Recruiters Hit By Layoffs In U.S. And China

Tesla job cuts span across the U.S. and China, and potentially in Germany spanning several engineering, recruiting and automation roles.

InsideEVs

US, China Defense Chiefs Hold First Talks In Nearly 18 Months

US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, the Pentagon said, in the first substantive talks between the superpowers' defense chiefs in nearly 18 months.

International Business Times

Stocks Mixed on Rising Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.05%. Stock indexes this morning are mixed, with the Nasdaq 100 falling to a...

Barchart

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A world war in waiting

Nobody wants World War III — but it's foolish to pretend we're not at the edge of that abyss

Salon

Apple CEO Tim Cook To Increase Investment In Vietnam

Apple CEO Tim Cook plans to increase investment in Vietnam to diversify supply chains beyond China, leveraging skilled labor and cost-effective production.

Top News

German Chancellor Urges China To Address Ukraine Crisis

German Chancellor Scholz discusses Russia's invasion of Ukraine and trade tensions with Chinese leader Xi Jinping, emphasizing global security and peaceful...

Top News

Report: China continues to subsidize deadly fentanyl exports

Fentanyl made from Chinese chemicals is killing tens of thousands of Americans. A House committee report found new evidence the Chinese government supports tax breaks to subsidize the drug trade.

WEKU

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More Overseas Buyers Turn Out for Canton Fair in Strong Sign for Exports

China’s biggest trade fair drew more than 60,000 purchasers from abroad on its opening day

Caixin Global

Apple's Smartphone Sales Drop 10% In China

Apple faces challenges in the Chinese market while Samsung leads with AI innovations, shaping the smartphone industry in 2024.

Top News

F1 publishes sustainability report amid 2030 net zero push

F1's Net Zero by 2030 campaign aims to cut 50% of absolute carbon emissions compared to its 2018 baseline, which encompasses the energy consumption at its facilities, F1's race events and all the travel and logistics in between. It pledges to put a credible offset strategy in place for the…

Motorsport

F1 publishes sustainability gains amid 2030 net zero push

Autosport

Stock Index Futures Slip Ahead of U.S. Economic Data, U.S. Bank Earnings and Powell Speech on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.28%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.32% this morning as U.S. Treasury yields continued to rise, while investors looked ahead to quarterly reports from more big banks, remarks from Fed officials, and a fresh batch of U.S. economic…

Barchart

Stock Index Futures Tick Lower Ahead of U.S. Economic Data, U.S. Bank Earnings and Powell Speech on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.04%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.08% this morning as U.S. Treasury yields continued to rise, while investors looked ahead to quarterly reports from more big banks, remarks from Fed officials, and a fresh batch of U.S. economic…

Barchart

Intel To Launch Two AI Chips For China

Intel introduces specialized AI chips for China with reduced capabilities to comply with local regulations while providing cutting-edge technology.

Top News

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US Trade Chief Tai Evaluates Tools To Address China Trade

US Trade Representative's proactive stance towards addressing trade issues with China through fair policies and effective solutions.

Barchart

Stock Index Futures Tick Lower Ahead of U.S. Economic Data, U.S. Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.09% this morning as investors braced for quarterly reports from more big banks and industry heavyweights while also awaiting a fresh batch of U.S. economic data and remarks from Fed officials.

France 24

Chinese growth beats expectations in first quarter amid German chancellor's visit

China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile,…

Top News

Investors Await China GDP Amid Crumbling Sentiment

Investor sentiment in Asia is influenced by China's GDP data release and global uncertainties, impacting market dynamics.

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Top News

Oil Stabilizes On China Growth Amid Middle East Tensions

Global oil prices stabilize amidst China's economic growth and Middle East tensions, influenced by various factors.

Top News

Iran Capable Of Easing Tensions In Middle East

China backs Iran's role in managing Middle East tensions, promoting peace and stability.

Top News

Asian Shares Fall As Fed Reconsiders Rate Cut; China GDP

Asian shares decline as investors react to Fed rate cut reconsideration. China's GDP data awaited amid market volatility.

Top News

Asia Hedge Funds Thrive In Q1 With Japan, China Boost

Asia hedge funds show promising results in Q1 with Japan's rally and China's recovery driving performance.

Top News

China's Yuan-Dollar Cycle: Vicious Hoarding And Weakening Trend

China's economic landscape has been marked by a cycle of dollar hoarding and a weakening yuan, creating a vicious cycle that has significant implications for the global economy.

Top News

China's Home Prices Decline Rapidly, Biggest Drop Since 2015

China's real estate market experiences significant decline in new home prices, raising concerns and attracting attention from analysts and investors.

Top News

Tesla Job Cuts Impact China Sales Team

Tesla implements job cuts in China as part of global restructuring efforts to enhance efficiency and reduce costs.

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