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The Latest Breaking News from China

Nvidia CEO sees Intel and Huawei as 'formidable competitors' in AI chipmaking race

Nvidia's Jensen Huang warns that Huawei and other AI processor developers from China compete against Nvidia worldwide.

Tom’s Hardware

China to Allow Social Security Fund to Buy Domestic Pension Products, Futures

The NSSF can also invest in more types of corporate bonds, according to draft finance ministry regulations

Caixin Global

China Picks New Party Chief for Citic Group

Appointment puts Xi Guohua on track to become the state-owned financial conglomerate’s chairman

Caixin Global

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China redefines CPU water cooling with an huge 130,000 ton data center under the sea

A whole new way to warm the oceans.

PC Gamer

Sri Lankan national arrested for defrauding techie in Cuddalore of ₹60 lakh

Cuddalore police arrest Sri Lankan for swindling ₹60 lakh from IT professional via online part-time job offer. Complainant Sampath lured by unidentified person, made payments to bank account. Cyber Crime wing traced last transaction to account holder, arrested Salman Mohammed Farook in Chennai. Kingpin of scam from China. Court remands…

The Hindu

Nicola Sturgeon reveals novel that 'gave her strength' when Covid struck

FORMER first minister Nicola Sturgeon has revealed what novel she was reading at the start of the Covid pandemic that gave her “strength and…

The National (Scotland)

Volkswagen-commissioned audit finds no signs of forced labor at plant in China's Xinjiang region

An audit commissioned by Volkswagen has found no indication of forced labor at its plant in China’s Xinjiang region, where Western governments have accused the Chinese government of human rights violations against the Uyghur ethnic minority

The Independent UK

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Shanghai Composite Index Fell 0.11% on Wednesday

Shenzhen Component Index closed up 0.66%

Caixin Global

China raises stakes in cyberscam crackdown in Myanmar, though loopholes remain

China has intensified a crackdown on online scams operated in border areas of Myanmar

The Independent UK

Taiwan presidential election: opposition in chaos as China looms in background

Voters are faced with a choice of continuity with the ruling DPP or change, with an opposition that favours closer ties with Beijing

The Guardian - AU

Why did China’s state media make a sudden turn towards friendlier US ties?

Control over China’s media narrative seen in swift turn towards US friendship ahead of Biden-Xi meeting at APEC summit.

Al Jazeera

Stocks Settle Mixed as U.S. Job Openings Fall to a 2-1/2 Year Low

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.24%. Stocks on Tuesday settled mixed. A decline in bond...

Barchart

China launches remote-sensing satellite for Egypt (video)

China launched a remote-sensing satellite for Egypt late on Sunday (Dec. 3) as space cooperation between the two countries deepens.

Space

China could use a foldable helicopter to collect samples on Mars

A new journal article outlines the design for a quadcopter that could assist China's mission to collect samples from Mars.

Space

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Barchart

Dollar Gains on Safe-haven Demand from Chinese Debt and a Weak Euro

The dollar index (DXY00 ) on Tuesday finished up by +0.31% and posted a 1-1/2 week high. The dollar found support Tuesday on increased safe-haven demand after Moody’s Investors Service downgraded China’s credit outlook to negative from stable due to rising debt. Weakness in the euro also supported the dollar...

International Business Times

Argentina Will Not Join BRICS Under Milei, As Libertarian Prepares To Take Office

Argentina's President-elect is expected to withdraw Argentina from a planned expansion of the non-western economic alliance.

The Guardian - UK

Why no concern at prisoners being paid just 50p an hour to work?

The Guardian - UK

EU expected to issue veiled warning to China over supply of cut-cost goods

European Commission chief Ursula von der Leyen to meet Chinese president Xi Jinping at summit on Thursday

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news in one place.

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Barchart

Can China’s BYD Co Maintain its Growth Estimates?

Shares of China’s BYD Co (BYDDY ), China’s dominant auto brand, plunged to an 8-month low last Friday and sank -12% in November on concerns over its ability to meet sales targets amid a difficult macro outlook, along with the impact of price cuts to stave off competition. There are...

Barchart

Stocks Mixed as Bond Yields Drop on Weak U.S. Oct JOLTS Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. Stocks this morning are mixed. Bond yields tumbled today...

International Business Times

US Announces Nuclear Fusion Strategy At COP28, As Technological Developments Speed Timeline

US climate envoy John Kerry unveiled the world's first international strategy for commercializing nuclear fusion power, notably excluding China.

International Business Times

EU Chief Warns China On Trade Gap Ahead Of Summit

European Union chief Ursula von der Leyen warned Tuesday, ahead of an annual EU-China summit, that Europe won't tolerate its soaring trade imbalance with China forever.

Barchart

Markets Today: Stocks Slip as Optimism for Fed Rate Cuts Fades

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.25%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.36%. Stock index futures this morning are moderately lower, weighed down by reduced optimism that the Fed will cut interest rates early next year. U.S. equity markets also...

The Guardian - UK

Moody’s cuts China credit outlook to negative as economy slows

Rating agency says Beijing may need to bail out local governments as property sector collapses

The Independent UK

Pandas get to travel first-class from Scotland to China

Yang Guang and Tian Tian have lived in the UK for 12 years

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