The Latest Breaking News from China

Shanghai Microelectronics Equipment patents key components of an EUV lithography tool.

It's the end of an era: after 74 years the blast furnace at Chile's biggest steelmaker will be turned off on Monday, snuffed out by competition from China with the loss of thousands of jobs.

Accountancy firm accused of issuing false audits says it has sacked six partners and five other staff have left

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.08% this morning, while Treasury yields slumped after fresh U.S. economic data left investors uncertain about the size of an anticipated interest rate cut from the Federal Reserve next week.

If Washington expands weapons authorisation, NATO will be directly involved in the war, says the Russian leader.

Italy's financial police said Friday they have dismantled a ring trafficking counterfeit vintage video game consoles from China containing some of the most popular titles of the 1980s and 90s.

Warren Buffett bought over half a million shares of Ulta Beauty at a cheap valuation, potentially hinting that the ongoing cosmetics market slump is a short-term hurdle rather than a long-term trend.

Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande.

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.08% this morning, while Treasury yields slumped after fresh U.S. economic data left investors uncertain about the size of an anticipated interest rate cut from the Federal Reserve next week.