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The Latest Breaking News from China

HP uses banned made-for-China AI GPU for Z workstations — A800 GPU is given a new purpose

After being banned in China, the A800 is finally seeing new use in the form of HP's upcoming Z workstations for AI.

Tom’s Hardware

Stocks Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

Investors are cheering forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Leaders Tout Nuclear Power As Climate Tool At Brussels Summit

More than 30 countries -- including European nations, the United States, Brazil and China -- took part on Thursday in the first-ever summit held by the United Nations' atomic energy agency to promote nuclear as a "clean and reliable source of energy".

International Business Times

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Asian Equities Show Mixed Performance As Tech Stocks Gain Momentum.

Asian equities show mixed movements with slight gains in Hong Kong and Mainland China. Notable stock movements include Tencent, AIA, Alibaba, and Li Auto.

Top News

China Has Room to Further Cut Reserve Requirement Ratio, PBOC Official Says

Further reducing the RRR would channel more money into the financial system to fuel economic growth

Caixin Global

Nasdaq Futures Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.66% this morning as investors cheered forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Why are the US and Japan pushing to ban nuclear weapons in space?

Washington and Tokyo sponsor a UNSC resolution calling on countries not to deploy or develop nuclear weapons in space.

Al Jazeera

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China’s Wealthy Ranks Shrank in 2022, Hurun Rich List Says

Neither the filthy rich nor mere millionaires were spared from the economic challenges of that year such as the Covid-19 pandemic

Caixin Global

Shanghai Composite Index Fell 0.08% on Thursday

Shenzhen Component Index closed down 0.36%

Caixin Global

As China ages, senior citizens see a retirement of striving to get by

Many elderly Chinese view working beyond retirement age as a necessity as pension system struggles to meet their needs.

Al Jazeera

Article 23: China hits back at criticism of Hong Kong’s hardline new security law

Beijing dismisses chorus of concern from western governments over punitive new law as slander

The Guardian - AU

U.S. recognises Arunachal Pradesh as Indian territory: official

U.S. supports India's sovereignty over Arunachal Pradesh, opposes China's territorial claims, and condemns any unilateral advances.

The Hindu

China's Central Bank Considers Further Bank Reserves Ratio Cut

PBOC indicates readiness to cut bank reserves ratio to support China's economic growth amidst challenges.

Top News

Young Chinese ease their angst over economy by playing lottery

Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts, with slogans that tempt youngsters hit by an economic slowdown with the lure of getting rich quick.

The Times of India

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Top News

Taiwan Advises Against President's South China Sea Visit

Taiwan advises president against South China Sea visit due to safety concerns amid escalating tensions with China.

Top News

Canada Criticizes Hong Kong Security Law For Human Rights Concerns

Canada expresses concerns over Hong Kong's new security law, suspends extradition treaty, and halts military exports in response to human rights violations.

The Guardian - AU

How the Sunflower movement birthed a generation determined to protect Taiwan

Protesters who took part in the 2014 movement against closer ties with China say it holds lessons for Hong Kong and Ukraine

Al Jazeera

Q&A: Taiwan whistleblower Rex How on the challenge of generational change

How exposed a secret China trade pact triggering 2014’s Sunflower Movement. Ten years on, much has changed.

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International Business Times

Biden Unveils Almost $20 Bn For Intel To Boost US Chip Production

US President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants -- his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achievements over election rival Donald Trump.

Space

China launches satellite to support future moon missions (video)

China launched a relay satellite towards the moon atop a Long March 8 rocket this week after a previous launch this month failed to reach lunar orbit.

TechRadar

The only thing you want less than a TikTok ban is China spying on you and manipulating everything you see

Officials want China to sell TikTok, it might end up banned, and we just want to use it – but what if the US Government is right?

Top News

US Affirms Arunachal Pradesh As Indian Territory Amid Tensions

US declares Arunachal Pradesh as part of India amid Indo-China tensions, impacting regional dynamics.

TechRadar

US government warns water services are being targeted in cyberattacks

Threatening the water supply is the tip of the iceberg, as EPA letter suggests critical infrastructure is under attack

TechRadar

China’s chips are off the table - US considering Huawei sanctions over secretive chip network

Despite existing sanctions, China has pushed ahead with semiconductor manufacturing and export.

AAP

'Pleasant' Australian visit for China's top diplomat

China's most senior diplomat has met with a former prime minister, the NSW premier and business leaders in Sydney as he rounds out a visit to Australia.

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