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The Latest Breaking News from China

China launches an antitrust investigation into Nvidia as it wrestles with the US over AI chip sanctions

Chinese regulators believe Nvidia may have violated the terms of approval of the company's $7 billion acquisition of Mellanox Technologies in 2020.

PC Gamer

US Development Agency Advances Strategic Interests Through Global Projects

President Biden's 3 million pledge for trans-Africa rail project to counter China's influence and advance U.S. foreign policy.

Top News

Five years since its inception, a US development agency competes with China on global projects

Since its inception in 2019, a U.S. development agency has created a portfolio of more than $50 billion worth of projects in 114 countries, including a trans-Africa railway corridor, a power plant in Sierra Leone, and solar panel manufacturing in India

The Independent UK

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Stock Market Today: Markets Reflect Global Uncertainty

Exuberance fades as investors confront micro challenges and a murkier macro environment.

Kiplinger

Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Shares of Nvidia have slipped after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws

The Independent UK

Crude Prices Finish Higher as China Vows to Ramp-Up Economic Stimulus

January WTI crude oil (CLF25 ) Monday closed up +1.17 (+1.74%), and January RBOB gasoline (RBF25 ) closed up +0.0463 (+2.43%). Crude oil and gasoline prices rallied Monday in the hopes that additional stimulus measures by the Chinese government will boost energy demand in China, the world's second-largest crude consumer....

Barchart

Are Soybeans As Bearish As Advertised?

Taking a look at what's happening in soybeans both domestically and around the world.

Barchart

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China levels anti-trust charges against Nvidia – country accuses chipmaker of violating anti-monopoly regulations, examining the $7 billion Mellanox acquisition

China has launched an anti-trust inquiry against Nvidia accusing the AI giant of monopolistic behavior.

Tom’s Hardware

China Investigates Nvidia Over Anti-Monopoly Concerns

Nvidia faces antitrust investigation in China over Mellanox acquisition, impacting stock value temporarily.

Top News

Trump's plan to create a national Bitcoin reserve is 'crazy' says former Treasury Secretary

President-elect Trump proposed creating a strategic Bitcoin reserve, in part to beat out China.

Fortune

I Tried An EV Battery Swap Station. It May Just Be The Future

“The average Chinese person and the average American are the same damn person,” one auto industry insider working in China told me recently. He was right, too.

InsideEVs

Does China Investigation Change NVIDIA's Outlook; Yes, No, Maybe?

NVIDIA is getting probed by China for anti-monopoly violations stemming from a 2019 acquisition. Will it alter the company's fundamentals? Probably not.

MarketBeat

India is the new China – NZ needs to see the bigger picture in trade negotiations

Anyone who has followed New Zealand’s protracted trade negotiations with India will know any new announcement of progress needs to be taken with a grain of salt.

The Conversation

Power Vacuum In Syria Increases Geopolitical Instability, China Investigating Nvidia

To gain an edge, this is what you need to know today.

Benzinga

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The Independent UK

China stimulus hopes boost investors as London markets rise

Policymakers in Beijing said they would take more proactive fiscal measures next year to boost domestic spending.

InsideEVs

Xiaomi's Tesla Model Y Fighter Looks Like A Budget Ferrari

It’s MIIT (Ministry of Industry and Information Technology) day again in China: a day that’s definitely the bane of every tech and car producer who wants to sell in the country. The last step in Chinese market homologation is for the manufacturers themselves to submit photos and technical information to…

Barchart

Crude Prices Jump as China Vows to Ramp-Up Stimulus

January WTI crude oil (CLF25 ) today is up +1.56 (+2.32%), and January RBOB gasoline (RBF25 ) is up +0.0508 (+2.66%). Crude oil and gasoline prices today are climbing in the hopes that additional stimulus measures by the Chinese government will boost energy demand in China, the world's second-largest crude...

Benzinga

Why Shell Stock Is Rising

Shell stock is trading higher by 3.6% during Monday's session. The stock is higher due to optimism surrounding China's economic stimulus plans.

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Fortune

Fear of Trump tariffs is causing Americans to buy now before prices rise—and they're stockpiling toilet paper, medicine, and food

Toilet paper is at the top of the shopping list with 77% saying they are stocking up on it, according to a recent survey from CreditCards.com.

Investors Business Daily

Sorry, Nvidia, Top Funds Place Their Bets On This Mag 7 Stock

As Nvidia slips on China antimonopoly probe, Meta stock remains in buy range on the latest list of new buys by top funds.

Benzinga

Chinese Antitrust Investigation Into Nvidia 'All Speculative': Tech Expert

Tech experts seemed to downplay Chinese regulators' investigation into Nvidia over an alleged breach of antitrust regulations.

The Street

China’s Nvidia probe escalates chip war with U.S.

China has opened an antitrust investigation into Nvidia.

Barchart

Dollar Slips on Yuan Strength as China Signals More Stimulus

The dollar index (DXY00 ) today is down by -0.14%. The dollar is under pressure today from strength in the yuan after Chinese leaders signaled it will expand fiscal spending and ramp up “extraordinary policy adjustment” to boost the economy. Also, an unexpected decline in US Oct wholesale sales was...

Salon

Trump "can't guarantee" tariff claims

“I can’t guarantee anything. I can’t guarantee tomorrow,” Trump told NBC News

Investors Business Daily

Stocks Finish Near Day's Lows Amid Nvidia's Bad Day; Amazon Streak Ends As Hershey Sweetens (Live Coverage)

The Dow Jones, S&P 500 and Nasdaq held onto losses Monday afternoon. Amazon.com stock halted its rally, as shares reversed and slid.

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