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The Latest Breaking News from China

Two More Chinese Companies Announce 'Megawatt' EV Charging

There is an electric vehicle charger power war happening right now in China as the country’s biggest automotive names battle it out for supremacy. Last year, we were impressed by the news that China had produced chargers capable of supplying over 500 kilowatts. More recently, BYD announced that it had…

InsideEVs

How a new wave of fighter jets could transform aerial combat

The most advanced fighter jets in the world are known as “fifth generation”. They contain technologies developed in the first part of the 21st century. Examples of fifth generation fighter jets include America’s F-35 Lightning II and F-22 Raptor, China’s Chengdu J-20 and Russia’s Sukhoi SU-57.

The Conversation

How Beijing plans to bounce back against Trump’s tariffs

China’s president Xi Jinping recently held a meeting with 40 leaders of multinational companies, including BMW and AstraZeneca.

The Conversation

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Meet the 20th-century media tycoon who would have parried Trump’s isolationist thrust—and not cowered in fear of retaliation

Magazine magnate Henry Luce pushed for internationalism and bemoaned the “moral and practical bankruptcy of any and all forms of isolationism.”

Fortune

How Ferrari is helping Hamilton settle with Mercedes-inspired steering wheel software

The early signs have been positive for Lewis Hamilton. While the team has not been able to execute either race weekend in Australia and China perfectly, Hamilton took his first sprint pole and victory in Shanghai as a welcome boost to his stint with the Italian powerhouse.

Autosport

Crude Rallies as President Trump Threatens Additional Tariffs on Russian Crude Exports

May WTI crude oil (CLK25 ) today is up +1.83 (+2.64%), and May RBOB gasoline (RBK25 ) is up +0.0380 (+1.69%). Crude oil and gasoline prices today are sharply higher, with crude posting a 5-week high and gasoline posting a 7-month nearest-futures high. Crude is climbing today after President Trump...

Barchart

Stocks Slump on Fears Tariffs Will Derail the Economy

The S&P 500 Index ($SPX ) (SPY ) today is down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.53%. June E-mini S&P futures (ESM25 ) are down -0.64%, and June E-mini Nasdaq futures...

Barchart

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China Property Giant Vanke Reports Annual Loss Of $6.8 Bn

Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive the housing market.

International Business Times

Global Equity Markets Slide on US Tariff Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -1.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.30%. June E-mini S&P futures (ESM25 ) are down -1.29%, and June E-mini Nasdaq futures...

Barchart

What is a ‘revisionist’ state, and what are they trying to revise?

Once upon a time, “revisionist power” was a term reserved for nations trying to overturn the postwar liberal order – the usual suspects being countries like Russia, China or Iran.

The Conversation

China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024

Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies

The Independent UK

China's foreign minister visits Russia amid uncertainty around Ukraine ceasefire

While Beijing has publicly maintained a neutral stance, China continues to provide diplomatic and economic support to Russia.

Euronews

Lewis Hamilton’s win in China ‘not good’ for relationship with Charles Leclerc, says former F1 champion

Hamilton won the sprint race in China, claiming his first victory in the red of Ferrari

The Independent UK

‘Liberation Day’ is coming: Trump has put broad-based sanctions on ‘all countries’ on the table

These are some of the tariffs President Trump has threatened against the likes of Europe and China, as well as Wall Street’s reaction.

Fortune

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Al Jazeera

Why is Trump ‘very angry’ with Putin and who will secondary tariffs hurt?

Putin’s refusal to accept Zelenskyy’s legitimacy has upset Trump. His threatened sanctions could unsettle oil markets.

Barchart

Stocks Set to Open Sharply Lower as Tariff Worries Sour Risk Sentiment, U.S. Jobs Data and Powell’s Remarks Awaited

June S&P 500 E-Mini futures (ESM25) are down -1.01%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.21% this morning as risk sentiment took a hit ahead of U.S. President Donald Trump’s deadline for a new round of comprehensive global trade tariffs.

The Independent UK

China and India to face brunt of Trump tariff threat against Russian oil buyers

‘Very angry’ Trump says he will punish all buyers of Russian oil if he believes Putin is scuppering a ceasefire deal on Ukraine

The Independent UK

Liverpool announce pre-season tour in Hong Kong, China and Japan

The Reds are heading to Asia for the first time since 2023 and will face AC Milan

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Latin Times

Venezuela to Increase Oil Exports to One Of Its Top Buyers Despite U.S. Sanctions Threat

The Trump administration threatened on Monday to impose 25% tariffs to countries that buy oil or gas from Venezuela

Al Jazeera

As the US and China lock horns, Malaysia hopes to harness an AI revolution

The Southeast Asian country is betting big on tech as it sits out the rivalry between Washington and Beijing.

The Guardian - AU

Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India

Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132

International Business Times

Clock Ticks On Trump's Reciprocal Tariffs As Countries Seek Reprieve

The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide range of tariffs against countries running persistent trade imbalances with the United States.

International Business Times

What Happens On Trump's 'Liberation Day' And Beyond?

US President Donald Trump has launched a volley of tariffs impacting allies and adversaries this year, promising "Liberation Day" on Wednesday with action targeting countries that have persistent trade gaps with his country.

Fortune

How DeepSeek erased Silicon Valley's AI lead and wiped $1 trillion from U.S. markets

Wall Street and Silicon Valley crowed that China would always be years behind the U.S. Here's why they were wrong.

The Independent UK

US Defense Secretary Pete Hegseth vows to stand with Japan in face of ‘aggressive’ China

US Defense Secretary Pete Hegseth has said America is “ready to stand shoulder to shoulder” with Japan, adding that the two countries “stand firmly together” against “aggressive and corrosive actions” from China.

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