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The Latest Breaking News from China

China Investigates Defence Minister For Corruption: Report

Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said Wednesday, the latest official to fall in a sweeping crackdown on graft in the country's military.

International Business Times

Asian Markets Mixed As Traders Eye Fresh Trade Tensions

Asian markets were mixed Wednesday as traders tried to gauge the economic outlook after Donald Trump picked a tough-negotiating hawk as his trade envoy the day after saying he would hit China, Canada and Mexico with hefty tariffs.

International Business Times

Trump's victory could make life harder for Hong Kong—and that may be good news for Singapore's banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Fortune

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China’s CO2 emissions have peaked or will in 2025, say 44% of experts in survey

Research reflects rising optimism about country’s green transition as it takes leading position on climate action

The Guardian - UK

Stocks Settle Higher on Positive Corporate News and Reduced Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.57%. Stocks on Tuesday settled higher, with the S&P 500 and Dow Jones Industrials posting...

Barchart

Dollar Gains on Trump Tariff Threats

The dollar index (DXY00 ) Tuesday rose by +0.18%. The dollar moved higher Tuesday after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. The dollar also found...

Barchart

Autos, Food: What Are The Risks From Trump's Tariff Threat?

Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers.

International Business Times

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Is Gold’s Correction Another Buying Opportunity?

Gold prices corrected after reaching another new record high in October 2024, at over $2,800 per ounce. In post-election trading, gold prices are around $200 lower than the October high. While the correction may continue, the price action since the turn of this century tells us that buying gold on…

Barchart

Trump Brings Back Government By Social Media

He is not yet in power but President-elect Donald Trump rattled much of the world with an off-hours warning of stiff tariffs on close allies and China -- a loud hint that Trump-style government by social media post is coming back.

International Business Times

Soviet socialist realist art is found in the Asia-Pacific region too. Here are ten classics to look out for

Joseph Stalin was no great lover of the arts, unlike other Communist leaders, but he recognised their power to stir his people’s souls in the pursuit of his political goals.

The Conversation

Trump Plans 25% Tariff On Imports From Mexico And Canada

US trade tensions with China shift to Mexico and Canada, potentially raising consumer prices on gas, produce, and cars.

Top News

Trump’s ‘liberation day’ of tariffs is coming. What does it mean for U.S. consumers?

Sweeping tariffs could hit the U.S.’s largest trading partners outside of North America

The Independent UK

Is the China-US fentanyl pipeline really responsible for the US opioid crisis?

Donald Trump’s additional 10% tax on Chinese imports said to be response to China’s failure to curb drug’s flow into US

The Guardian - UK

Pizza Hut China Goes 'Goblin' Mode with New Fried Bullfrog Topping: 'This Is F--king Hilarious'

The latest limited-edition creation from Pizza Hut in China, a pizza topped with a deep-fried bullfrog, is receiving international attention.

Latin Times

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Benzinga

Tesla Expands In China, Partners With Over 400 Local Suppliers: Report

Tesla strengthens its China presence with over 400 local suppliers, while CEO Musk criticizes California's exclusion of Tesla from new EV rebates.

The Guardian - US

Trump’s tariff threat sets stage for bitter global trade war

Trump intends to hit Canada, Mexico and China with tariffs, which experts say will risk retaliation and a damaging economic war

The Independent UK

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States

Barchart

Stocks Gain on Positive Corporate News and a Jump in US Consumer Confidence

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. Stocks today are mixed, with some positive corporate news lifting the broader market. JM...

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Top News

Trump Announces Massive Tariff Hikes On Mexico, Canada, And China

Trump's tariff plan targets Mexico, Canada, and China to address immigration and drug issues, sparking concerns of trade repercussions.

Salon

Trump announces plan to "raise prices"

Despite assurances that he is merely negotiating, Trump's vow to impose tariffs on day one could be disastrous

Barchart

Dollar Rises as Trump Vows Immediate Tariffs

The dollar index (DXY00 ) today is up by +0.07%. The dollar today is slightly higher after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. However, the...

Tom’s Hardware

China now producing its own blank wafers as domestic memory company ramps up 3D NAND production — YMTC consumes 500,000 homegrown wafers per month

Despite sanctions imposed by the U.S. government, YMTC is ramping up production of 3D NAND at a rapid pace.

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