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The Latest Breaking News from China

Janet Yellen inadvertently ate hallucinogenic mushrooms in China – and started a trend

‘I was not aware that these mushrooms had hallucinogenic properties. I learned that later,’ the US Treasury secretary told CNN

The Guardian - AU

Morning Digest | Rain fury claims more lives in Himachal and Uttarakhand; India and China agree to resolve LAC issues, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

The Hindu

Janet Yellen admits ‘enjoying’ hallucinogenic mushrooms on China visit

Treasury Secretary caused flood of orders for mushroom delicacy

The Independent UK

From analysis to the latest developments in health,
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North Korea protests UN Security Council meeting on human rights record

The US says its plan to hold a meeting on rights abuses will move forward despite protests from North Korea and China.

Al Jazeera

2024 Cadillac Optiq AWD Uncovered As The Lyriq's Sidekick In China

China's Ministry of Industry and Information Technology posted the first photos and specifications of the Cadillac Optiq, the Lyriq's slightly smaller sibling.

InsideEVs

Santiago Peña takes office as Paraguay’s president with pro-Taiwan message

The conservative politician’s election continued a nearly unbroken streak for the Colorado Party, in power since 1947.

Al Jazeera

2 Chinese Stocks to Buy Now, Despite Economic Growth Concerns

While China's economic growth has disappointed in 2023, Alibaba and Xpeng Motors are two attractively priced Chinese stocks worth buying at current levels.

Barchart

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American industrial icon US Steel is on the verge of being absorbed as industry consolidates further

United States Steel Corp. seems poised to be soon purchased by a competitor, with two bidders revealed in a matter of days and more in the wings

The Independent UK

Stocks Retreat on Bank Stock Weakness and Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.02% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.10%. Stocks on Tuesday retreated, with the S&P 500 falling...

Barchart

Property Investment Slid Further in July Amid Weakening Market

Real estate shows no sign of rebound as sales fall again, extending the industry’s protracted contraction

Caixin Global

Tesla Model 3 Project Highland Prototype Spotted In Xinjiang, China

The so-called Project Highland version of the Tesla Model 3 was recently spotted in China, as per a newly surfaced Twitter video.

InsideEVs

Stock Market Today: China Woes Weigh on Stocks; Homebuilders Get a Buffett Boost

The major market indexes closed lower on Tuesday after China unexpectedly cut several key interest rates.

Kiplinger

The U.S.-China tech standoff moves to A.I.

A.I. is creating new challenges for the U.S. effort to stop China's military from obtaining advanced technology.

Fortune

Crude Prices Settle Lower on Chinese Energy Demand Concerns

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

Barchart

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USA Today Sports Media Group

Celtics alum Tacko Fall sits down with Shams Charania to talk CBA, Wembanyama and more

The former Boston big man opened up about his time playing in China, life as a 7-footer, and lots more.

Zenger

China’s Central Bank Takes Surprising Step As Economy Falters

The rates for the People's Bank of China's one-year medium-term loan facility were unexpectedly cut by 15 basis points to 2.5%.

Fortune

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

Jim O’Neill coined the term BRIC when he worked at Goldman Sachs in 2001, and he’s blasting the idea of a BRICS currency. “It’s embarrassing almost.”

Tom’s Hardware

Chinese Chip Sector Is Five Generations Behind the World: The Gap Will Expand

U.S. sanctions against the Chinese semiconductor sector set it back by at least a decade, says founder of Chinese wafer fab equipment maker.

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Zenger

Xi Jinping’s Russia Strategy Aims For ‘Goldilocks’ Sweet Spot, Says Expert

Xi Jinping does not want Russia to be overly powerful in order to confront China, but he also does not want Moscow to lose.

Newsroom.co.nz

How to navigate new Asian markets

As trade opportunities emerge in new Asian markets, how can businesses make strong new trade relationships?

Barchart

Crude Prices Retreat on Chinese Energy Demand Concerns

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.139%), and Sep RBOB gasoline (RBU23 ) is down -2.75 (-0.95%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on concerns about global oil demand after China reported weaker-than-expected industrial activity...

Barchart

Stocks Fall on Weakness in Banks and Chinese Economic Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stocks this morning are moderately lower, with the Dow...

Evening Standard

OPINION - China’s ‘infinite laser super-gun’: Tech and Science Daily podcast

Plus! Professor Green on data poverty, and a $1bn OpenAI fake

The Hindu

Eastern Ladakh row: India and China agree to resolve remaining issues

India, China agree to resolve remaining issues along LAC in eastern Ladakh expeditiously. Both sides had positive, constructive talks, exchanged views in open manner. 19th round of military talks agreed to maintain peace, tranquillity in border areas.

Barchart

2 U.S. Stocks to Buy as China Tensions Rise

Geopolitical tensions with Beijing may dominate the tech sector for years, giving an edge to stocks backed by the U.S. government to compete with China. Here's a look at two stock set to benefit from secular tailwinds and multiple positive catalysts.

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