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The Latest Breaking News from China

Subsiding Tariff Risks Hammer the Dollar

The dollar index (DXY00 ) Friday fell by -0.53% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar after...

Barchart

Crude Recovers on Dollar Weakness and Softening of Tariff Rhetoric

March WTI crude oil (CLH25 ) Friday closed up +0.04 (+0.05%), and March RBOB gasoline (RBH25 ) closed down -0.0188 (-0.90%). Crude and gasoline prices fell to 2-week lows on Friday, but crude recovered to settle slightly higher. Friday's fall in the dollar index (DXY00 ) to a 5-week low...

Barchart

Chinese rocket booster falls to Earth, explodes near home (video)

China successfully launched a classified satellite on Thursday (Jan. 23), but a spent booster from the mission fell shockingly close to a family home.

Space

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‘I do regret it a bit’: Motorway built around stubborn grandfather’s house after he refused compensation

The two-storey home in China is rocked by constant vibrations and is surrounded by dust and noisy builders

The Independent UK

‘Pandamonium’ as giant pandas from China make debut at DC’s National Zoo

Three-year-old bears Qing Bao and Bao Li can be seen on the zoo’s ‘giant panda cam’ after arriving in US in October

The Guardian - US

Crude Falls as Russian President Putin Said He's Open to Discussing Ukraine

March WTI crude oil (CLH25 ) today is down -0.33 (-0.44%), and March RBOB gasoline (RBH25 ) is down -0.0246 (-1.17%). Crude and gasoline prices today fell to 2-week lows and are moderately lower. Crude is under pressure today on comments from Russian President Putin, who said he's open to...

Barchart

Stocks Erase Early Gains on Some Negative Earnings Results

The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. March E-mini S&P futures (ESH25 ) are down -0.10%, and March E-mini Nasdaq futures...

Barchart

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‘Stolen’ missile plans and ‘smart guy’ Kim Jong-un: Trump’s wildest claims in Sean Hannity interview

President Trump made a raft of unsettling claims concerning his foreign adversaries in part two of his sit-down Fox News interview

The Independent UK

Relatives plead with Thailand not to deport 48 Uyghur men to China

Detainees fear their return could be imminent despite UN experts urging Bangkok to halt possible transfer

The Guardian - UK

Dollar Slumps on President Trump’s Softer Tariff Stance

The dollar index (DXY00 ) today is down by -0.60% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar...

Barchart

Stocks See Support as Trump Softens Tariff Rhetoric

The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. March E-mini S&P futures (ESH25 ) are down -0.17%, and March E-mini Nasdaq futures...

Barchart

Troubled Burberry Shows Sign Of Recovery Despite Sales Drop

British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China, but the troubled group is showing signs of recovery under new leadership.

International Business Times

Analysts set surprising price targets for Apple before earnings

Here’s what could be next for Apple stock.

The Street

Philippines launches comic book to counter China’s 'disinformation' in the disputed South China Sea

The Philippines has launched a comic book to counter what the country says is China’s disinformation campaign to push its expansive territorial claims in the South China Sea

The Independent UK

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The Guardian - UK

How the world has responded to Trump’s Paris climate agreement withdrawal

From Europe to Africa and South America, countries reaffirm commitment to tackle crisis

International Business Times

Tesla's $60K Model Y: What's New In The Premium Versions Launched In US, Canada, Europe

The introduction of the upgraded variant comes at a time when Tesla faces increased competition from both traditional automakers and new electric vehicle startups, particularly in China.

Tom’s Hardware

Chinese semiconductor production equipment makers set sales records

Sales of China-based makers of chipmaking tools AMEC, Naura, and ACM Research expect record sales in 2024 amid curbs for Western companies to supply to China.

Fortune

Trump won't deliver on maximum tariff pledges, says his former commerce secretary

EXCLUSIVE: Wilbur Ross, who served as commerce secretary in Trump’s first cabinet, said the president will not have to follow through on tariff threats.

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The Independent UK

Chinese man sentenced to death for stabbing attack near Japanese school in Shanghai

Zhou Jiasheng told court he carried out attack because he ‘no longer wanted to live’

The Conversation

Donald Trump returns with plans to fix Ukraine, immigration and ‘put America first’

This article was first published as World Affairs Briefing from The Conversation UK. Click here to receive this newsletter every Thursday, direct to your inbox.

International Business Times

Half Kung-fu, Half Opera: China's Captivating 'Heroes' Dance

With painted faces and vivid costumes, 40 young dancers leap through the streets of Shantou in southern China to the sound of gongs and drums as hundreds of spectators watch.

Top News

Chinese Man Sentenced To Death For Knife Attack In China

Chinese man sentenced to death for knife attack on Japanese woman and child in Suzhou. Incident raises concerns about anti-Japanese sentiment in China.

The Guardian - US

Trump signs executive orders targeting abortion rights – as it happened

President signs two executive orders on Air Force One as he visits California to survey damage from devastating wildfires

The Guardian - UK

House of Huawei by Eva Dou review – bad connection

A fascinating insight into a Chinese telecoms giant and its detractors

Fortune

Luckin Coffee beat Starbucks in China. It's now taking its playbook overseas to markets like Malaysia

Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in both China revenue and store count.

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