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The Latest Breaking News from China

China Behind Major Hack Of Treasury Department

China's involvement in a significant hack of the Treasury Department raises concerns about cybersecurity and prompts calls for stronger measures against ad...

Top News

Dollar Jumps to a 2-Year High on Strong Year-End Demand

The dollar index (DXY00 ) Tuesday rose by +0.29% and posted a 2-year high. The dollar saw support Tuesday from strong year-end demand. Also, weakness in the yuan, which fell to a 14-month low against the dollar, boosted the dollar after China’s Dec manufacturing PMI fell -0.2 to 50.1, weaker...

Barchart

Year-End Short Covering Boosts Crude Prices

February WTI crude oil (CLG25 ) Tuesday closed up +0.73 (+1.03%), and February RBOB gasoline (RBG25 ) closed up +0.0190 (+0.95%). Crude oil and gasoline prices Tuesday posted moderate gains, with crude climbing to an 8-week high and gasoline climbing to a 3-week high. Crude has carryover support from last...

Barchart

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Elon Musk Rises, Tesla Slips, China Looms: 2024's Biggest EV Stories

For much of 2024, you probably couldn't go a single week without reading a headline or seeing some TV news story about how the electric vehicle market is "stalling" or "stumbling." And yet, the ongoing transformation of the automotive industry seems to be upending everything in its path.

InsideEVs

New Mom Wrapped In Plastic Bag After Childbirth Stirs Curiosity Online: “It’s Cheap”

Curiosity was sparked following a sighting of a woman being wrapped in plastic after she had given birth. The post New Mom Wrapped In Plastic Bag After Childbirth Stirs Curiosity Online: “It’s Cheap” first appeared on Bored Panda.

Bored Panda

Crude Moves Higher in Thin Holiday Trade

February WTI crude oil (CLG25 ) today is up +0.78 (+1.10%), and February RBOB gasoline (RBG25 ) is up +0.0107 (+0.54%). Crude oil and gasoline prices today are pushing higher, with crude posting an 8-week high. Crude has carryover support from last Friday when the weekly EIA report showed that...

Barchart

MAGA Attorney Issues Warning to Gen. Mark Milley After Admitting He'd Warn China If Trump Were to Attack: 'Sounds Like Treason to Me'

A conservative legal activist and legal defender of President-elect Donald Trump has repeatedly accused a former Trump administration official of treason, even going as far as to threaten legal action against him.

Latin Times

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Xi says China’s economy on course to expand by 5% despite Trump concerns

President seeks to allay fears that world’s second-largest economy will falter in 2025 because of high US tariffs

The Guardian - UK

Kove Wants In On the Cruiser Game With the KY600 Lancer

In recent years, we’ve seen lots of new motorcycles emerge from China. And while some of them, such as the CFMoto Ibex 450, are signs that Chinese bikes are indeed getting better, others continue to embody the knockoff stereotype made-in-China bikes have become associated with over the years.

RideApart

Dollar Sees Support from US Home Price Report and Year-End Buying

The dollar index (DXY00 ) today is up by +0.06%. The dollar saw support today from weakness in the yuan, which fell to a 14-month low against the dollar as China’s Dec manufacturing PMI fell -0.2 to 50.1, weaker than expectations of 50.2. The dollar added to its gains after...

Barchart

China-made DDR5 memory chips use less advanced chipmaking technology — chips are nearly 40% larger than Samsung's DDR5

CXMT's DDR5 memory is here, but the company uses outdated process technology and trails behind market leaders both in terms of performance and costs.

Tom’s Hardware

Faced with Trump’s tariffs − and crackdowns on migration and narcotrafficking − Mexico is weighing retaliatory options

Donald Trump has made clear his intent to supercharge his “America First” approach to foreign policy in his second term – and Mexico looks set to be at the tip of the spear.

The Conversation

China says it has shared most Covid data of any country after WHO calls for further access

Beijing says research into origins of the virus should be expanded to other countries

The Independent UK

US Treasury declares ‘major incident’ after apparent state-sponsored Chinese hack

Documents reportedly stolen in security breach targeting the US Treasury Department.

TechRadar

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Top News

WHO Urges China To Share Covid-19 Data For Origins

WHO urges China for Covid-19 data transparency and global cooperation, highlighting ongoing debate on virus origins and impact on healthcare workers.

The Independent UK

India launches satellites for space docking test key to future moon missions

Only the US, Russia and China have successfully demonstrated space-docking technology so far

International Business Times

China's Frigid Northeast Thrives On 'Little Potato' Tourism Boom

Animal ears and pom-poms on fuzzy hats adorn tourists' heads on the streets of the frigid northeastern Chinese city of Harbin, which is enjoying a surge in visitors driven by social media.

International Business Times

Asian Stocks Dip As Santa Snubs Wall Street

Asian stocks ended the year in the red on Tuesday after worries about 2025 and profit-taking turned Wall Street's usual holiday-period "Santa Claus rally" into a mini-rout.

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