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Powell, Trump remarks send global markets into the red

Powell, Trump remarks send global markets into the red

Global markets fell flat on their face early Wednesday in reaction to comments from Federal Reserve Chair Jerome Powell and U.S. President Donald Trump a day earlier, humbling investors across all maj...

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1 min
Canada accelerates China trade push as Washington hesitates

Canada accelerates China trade push as Washington hesitates

Canada is ditching the wait-and-see act with Washington and moving fast to rebuild its relationship with China, according to conversations reported by Reuters . Prime Minister Mark Carney met with Chi...

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1 min
China’s exports are surging outside the US, pushing its trade surplus toward $1.2 trillion

China’s exports are surging outside the US, pushing its trade surplus toward $1.2 trillion

Shipments from China are flooding markets outside the United States this year, and many governments are weighing how to respond without opening a new front in trade tensions. China’s exporters have ke...

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OECD expects tariff blows ahead despite expectation-defying global growth

OECD expects tariff blows ahead despite expectation-defying global growth

Global growth is proving sturdier than expected, but the hit from higher U.S. import tariffs has not fully shown up yet. For now, strong spending on artificial intelligence in the United States is sup...

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United States and China talks stall over rare earth supply dispute

United States and China talks stall over rare earth supply dispute

Representatives from the U.S. and China have held a series of meetings to discuss trade and security concerns. U.S. delegates met with Chinese leaders to discuss trade and security in the first U.S. H...

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1 min
Trump-Xi summit off the table this year, says U.S. ambassador

Trump-Xi summit off the table this year, says U.S. ambassador

The long-rumored meeting between Trump and Xi Jinping is officially not happening this year, according to U.S. Ambassador to China David Perdue. Speaking during a press briefing Tuesday in Beijing wit...

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1 min
China’s retail investors return to stocks as other assets slump

China’s retail investors return to stocks as other assets slump

Retail investors in China are back in the market, not because they suddenly love risk, but because everything else they used to trust is falling apart. The CSI 300 Index has jumped over 25% since Apri...

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1 min
Photos of scratched-up iPhone 17 units go viral on Chinese social media

Photos of scratched-up iPhone 17 units go viral on Chinese social media

Buyers in China are pissed. Photos of scratched-up iPhone 17 units are everywhere. On Friday, people in China started posting pictures of the brand-new iPhone 17 Pro and Pro Max with scuffed backs. Th...

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1 min
China’s top auto group kicked off full-scale investigation of U.S. chip trade discrimination

China’s top auto group kicked off full-scale investigation of U.S. chip trade discrimination

The China Association of Automobile Manufacturers on Friday kicked off a full-scale investigation into what it describes as discriminatory U.S. trade policies targeting chip supply in the country’s au...

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1 min
Xiaomi to update driver-assist system after recalling 116K SU7 EVs

Xiaomi to update driver-assist system after recalling 116K SU7 EVs

Xiaomi Corp., a Chinese multinational technology company, plans to release an over-the-air software update for its SU7 electric vehicles. This update aims to fix a flaw discovered in its advanced driv...

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1 min
Apple's iPhone 17 lineup launches globally with long lines

Apple's iPhone 17 lineup launches globally with long lines

Long lines formed across cities on Friday as the iPhone 17 officially launched in retail stores globally, with buyers showing up early in places like Beijing and Singapore. The launch follows a preord...

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1 min
Trump administration pushes EU to slap tariffs on goods from Beijing

Trump administration pushes EU to slap tariffs on goods from Beijing

The United States Treasury Secretary, Bessent, said that the Donald Trump administration will not add new tariffs on Chinese goods to stop China from purchasing Russian oil unless EU member states mov...

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1 min