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The Latest Breaking News from China

Top Chinese general ousted from body that oversees China’s military

Purge is latest sign president Xi Jinping’s anti corruption drive has reached highest echelons of armed forces

The Guardian - UK

Wall Street buoyed by Lutnick’s 10-deal pipeline, but analyst warns present calm may merely be the ‘eye of the storm’

Lutnick’s China promise did little to impress markets, but overall added to a period of relative stability. Yet one analyst warned this may be a “false dawn.”

Fortune

China unveils tiny spy drone that looks like a mosquito. What other small spy drones exist?

About 2 cm long and weighing just 0.3 grams, the insect-inspired device features two tiny wings and three spindly legs. Its minuscule size would make it difficult to detect using conventional radar systems, experts say.

Euronews

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US Stocks Likely To Open Higher As Commerce Secretary Confirms Deal With China: Nike, Worthington Steel Surge Amid Upbeat Earnings

U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher.

Benzinga

S&P Futures Gain on Trade Optimism, U.S. PCE Inflation Data in Focus

September S&P 500 E-Mini futures (ESU25) are trending up +0.28% this morning amid renewed optimism about trade deals, while investors await the release of the Federal Reserve’s first-line inflation gauge.

Barchart

Nike expects Trump tariffs to cost it $1bn

Sportswear company to reduce manufacturing in China to soften the impact of US trade policies

The Guardian - UK

China's Top Diplomat To Visit EU, Germany, France Next Week

China's top diplomat Wang Yi will head to Europe next week for talks with counterparts from the European Union, Germany and France, Beijing said on Friday as it seeks to shore up fraught ties with the bloc.

International Business Times

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Top semiconductor toolmaker launches talent competition in China — ASML is looking for 16 skilled lithography engineers

ASML launches an online competition in China to boost lithography awareness and recruit talented engineers for its operations in the country.

Tom’s Hardware

Beijing confirms that it has signed a trade agreement with the US

China said on Friday that it had further confirmed details of a trade framework, including the export of rare earths.

Euronews

China Confirms Trade Deal Framework Reached With United States

China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.

International Business Times

Howard Lutnick Confirms US-China Trade Agreement, Reaffirms White House's Progress To Close Deals With 10 Other Trading Partners

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading partners.

Benzinga

Nike warns Trump tariffs could cost it nearly £730m

The sportswear giant recently warned it would raise prices on some trainers and clothing in the US to counter rising tariffs.

Evening Standard

Wall Street hits record high on trade deal hopes; UK car exports to US halve due to tariffs – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Tesla Model Y-rival Xiaomi YU7 SUV Receives Nearly 300,000 Orders In 1 Hour In China

Xiaomi Corp (OTC:XIACY) (OTC:XIACF) unveiled the company's first all-electric SUV, the YU7, as a rival to Tesla Inc. (NASDAQ:TSLA) Model Y.

Benzinga

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Euronews

Israel Iran conflict highlights Asia's dependence on Middle East oil

A blockade of the Strait of Hormuz could affect a number of Asian countries, making renewable energy capacity a crucial guard against volatility.

International Business Times

Tibetans Face Up To Uncertain Future As Dalai Lama Turns 90

Tibetans in exile celebrate the 90th birthday of spiritual leader the Dalai Lama next week, an occasion overshadowed by uncertainty about the future of the role and what it means for their movement.

The Independent UK

Israel-Iran war highlights Asia's dependence on Middle East oil, and slow progress on clean energy

Asia’s dependence on Middle East oil and gas — and its slow shift to clean energy — leave it vulnerable to disruptions in shipments through the Strait of Hormuz

Benzinga

Trump Appointing A 'Shadow Chair' At The Fed Has Put Dollar Under Pressure, Meanwhile China Is Dumping The Greenback And Hoarding Gold

China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country’s reserves reaching its lowest levels in over a decade.

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The Independent UK

Photos of the busy ports on the Yangtze River after China-US trade friction cools

Activity at Chinese ports has rebounded since U.S. President Donald Trump and China’s leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other’s exports. That’s true, also, of inland ports along China’s mighty Yangtze River.

The Independent UK

Accused of acting as a Chinese agent, NY governors' ex-aide now faces pandemic fraud charge, too

A former aide to two New York governors has been charged with illegally profiteering from the state’s scramble for face masks early in the COVID-19 pandemic

Tom’s Hardware

AI disruptor DeepSeek's next-gen model delayed by Nvidia GPU export restrictions to China — short supply of AI GPUs hinders development

DeepSeek's development of its next-gen R2 AI model has reportedly stalled due to a shortage of Nvidia's H20 chips in China, exposing the company's heavy reliance on U.S. hardware and casting uncertainty over the model’s launch timeline.

Benzinga

Options Corner: Intel Hides In Plain Sight Amid The Shifting Geopolitical Spotlight

With a tenuous ceasefire between Israel and Iran still in place, Wall Street's attention is shifting toward the other contentious geopolitical issue: frayed relations between the U.S. and China. Earlier this year, President Donald Trump sent shockwaves across the global community by launching a series of tariffs, which continues to…

InsideEVs

LFP Batteries Revolutionized China's EVs. Now, America Steps Up Too

LG's American-made LFP batteries could help EVs charge in rural areas where the charging infrastructure isn’t mature.

Benzinga

Xiaomi Takes Aim At Tesla's Model Y With YU7 Launch In China

Xiaomi Corp. (OTC:XIACY) shares are trading higher Thursday after the company officially launched its new electric SUV, the YU7, undercutting Tesla Inc (NASDAQ:TSLA) on price and reporting a flood of pre-orders within minutes.

Barchart

Alibaba Just Released New AI Models for Apple. Does That Make AAPL Stock a Buy?

Apple needs China, and Alibaba just helped unlock its AI future with the Qwen3 model. Is this the catalyst AAPL bulls were waiting for?

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