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The Latest Breaking News from China

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

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.

USA Today Sports Media Group

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%.

Zenger

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read the most diverse news in one place.

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.”

Fortune

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.

Tom’s Hardware

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.

Zenger

How to navigate new Asian markets

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

Newsroom.co.nz

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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...

Barchart

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

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

Evening Standard

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.

The Hindu

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.

Barchart

Stock market today: Wall Street falls with markets worldwide after weak economic data from China

Stocks worldwide are falling as China’s faltering recovery raises worries for the rest of the global economy

The Independent UK

Markets Today: Stocks Tumble on Chinese Economic Concerns

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.68%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.65%. Stock indexes this morning are moderately lower. Concern that China’s faltering economy will drag down global growth is weighing on stocks after China reported disappointing...

Barchart

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Windows Central

Intel's $5.4 billion purchase of Tower Semiconductor is supposed to go through today, but will China block it?

Intel agreed to purchase Tower Semiconductor for $5.4 billion, but the deal has had to be pushed back twice. Today is the current deadline for the purchase, but it is unclear what will happen.

Zenger

Cathie Wood Unravels Fed’s Domino Effect Breaking China And Triggering Global Deflationary Bust: ‘Rapid Growth Can Cover Many Economic Sins’

Cathie Wood said late Monday that Federal Reserve's continued rate tightening

The Independent UK

Vast swath of northeastern China threatened by flooding as rivers rise above warning levels

A vast swath of northeastern China is threatened by flooding as at least 90 rivers have risen above warning levels and 24 have already overflowed their banks

RideApart

New QJ Motor OAO Pro Is An Electric Sportbike Perfect For The City

QJ Motor has launched its newest electric motorcycle in China, the OAO Pro, a small-capacity electric sportbike.

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The Week

Dark side of the Moon: will the race to lunar South Pole spark conflict?

Russia and India have kick-started a space race to the Moon’s South Pole in search of water and other precious resources.

Fortune

China wants people to stop talking about its terrible economy

21.3% of those aged between 16 and 24 were unemployed in June, and July's figure was likely to have been even worse.

Barchart

Stock Index Futures Plunge on Pressure from Rising Bond Yields, China Data Disappoints

September S&P 500 futures (ESU23) are down -0.61%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.48% this morning as market participants digested the latest U.K. employment data, which fueled concerns about inflationary pressures and consequently pushed U.S. Treasury yields higher, while disappointing economic data from China also weighed…

Barchart

Stock Index Futures Slip on Pressure from Rising Bond Yields, China Data Disappoints

September S&P 500 futures (ESU23) are down -0.37%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.31% this morning as market participants digested the latest U.K. employment data, which fueled concerns about inflationary pressures and consequently pushed U.S. Treasury yields higher, while disappointing economic data from China also weighed…

The Week

The next superpowers: who will hold sway in 2050?

For anyone who grew up in the Cold War, defining what a “superpower” is would be easy.

Caixin Global

Shanghai Composite Index Fell 0.07% on Tuesday

Shenzhen Component Index closed down 0.7%

InsideEVs

China: Tesla Lowers Model Y Prices, Adds Model 3 Insurance Subsidy

Tesla has decided to tweak its Model 3/Model Y offer in China, potentially to boost sales results and secure a strong third quarter volume.

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