1 hour ago In China, fears grow of an EV financial crisis amid pricing war

In China, fears grow of an EV financial crisis amid pricing war  CNBC

Events

4 h. ago Chinese children under 14 become latest targets of tougher US visa policies

The United States embassy in China has tightened its visa policy for children under the age of 14 years by removing an interview-free application process. The decision follows Washington’s recent threats to “aggressively revoke” the visas of Chinese students studying in the country and increase scrutiny of future applications. In a notice posted on its official visa application website USTravelDocs on Monday, the embassy said that applicants under 14 who submit a non-immigrant visa application...

Events

7 h. ago US trade officials mull further rollback of port fee rules – what’s different now?

As the world awaits the outcome of the China-US trade talks in London this week, the US Trade Representative (USTR) has proposed changes to shipping policy – marking another possible rollback from the stricter measures announced in April that aimed to revive the domestic industry and curb China’s shipbuilding dominance. The proposed revisions, issued in a short press release over the weekend, would reduce port fees for car carriers and ease restrictions on liquefied natural gas (LNG) tankers....

Politics

8 h. ago Hong Kong football fans flock to Kai Tak Sports Park for historic India match

Hundreds of eager Hong Kong football fans flocked to Kai Tak Sports Park hours before the historic and sell-out AFC Asian Cup qualifier against India on Tuesday evening. Tickets for the highly anticipated first match at the new 50,000-seat stadium were sold out well ahead of time, with fans spotted queuing up at Kai Tak Mall for jerseys and official merchandise. The match, which kicks off at 8pm, will mark the first time the Hong Kong team has played an international match at its new home ground...

Sport

8 h. ago China’s solar panel makers seek antidote to market ills as glut, price war, tariffs bite

China’s solar photovoltaic (PV) manufacturers are looking for solutions to years of price wars and losses at home amid excess capacity and waning demand as executives gathered in Shanghai to discuss the problems crippling the industry. They will get a chance to gauge the crisis as the financial hub plays host to the SNEC PV+ Photovoltaic Power Conference and Exhibition from Tuesday to Friday. The conference is the largest of its kind, attracting some 3,000 enterprises from more than 100...

Economics

10 h. ago China’s Liaoning and Shandong aircraft carriers sail beyond second island chain

In an unprecedented show of strength, the Chinese aircraft carriers Liaoning and Shandong have been conducting exercises in the western Pacific Ocean beyond the second island chain, according to the Japanese defence ministry. In a statement on Monday, the ministry said the Shandong strike group was spotted earlier that day, conducting take-off and landing operations of its jet fighters and helicopters about 500km (311 miles) southwest of Iwo Jima and north of Okinotori. It followed the...

Transport

11 h. ago Pressured by US tariffs, Chinese exports expand in Vietnam, Thailand, Indonesia

Chinese exports to major industrial centres in Southeast Asia rose by double-digit percentages in the first five months of the year to satisfy growing consumer markets, feed offshore factory investments and offset losses from high US tariffs. Shipments to factory-magnet Vietnam increased by 18.8 per cent from January to May, compared with the same period in 2024, according to official data released on Monday. Meanwhile, exports to Thailand grew by 20.9 per cent, and Indonesia took 16.8 per cent...

Events

11 h. ago 3 gambling giants to close 11 satellite casinos in Macau amid industry shake

Three gaming concession holders in Macau will shut down 11 satellite casinos by the end of this year, when a three-year transition period for amended legislation is set to expire, with local authorities to monitor the impact on the venues’ more than 5,000 affected employees. Macau authorities announced on Monday that the government had been officially notified by SJM Resorts, Melco Resorts (Macau) and Galaxy Casino that the satellite casinos would cease operations by December 31. The venues set...

Politics

15 h. ago Nara’s famed deer could face food crisis in winter as acorn trees cut down

A move to cut down acorn-bearing trees in Japan’s Nara Park has sparked concern among researchers about the survival of the attraction’s free-roaming deer during the harsh winter. Acorns serve as a vital food source for deer, while the trees also provide critical shelter, with the animals often gathering beneath dense canopies for warmth and protection in the colder months. “The base of these trees becomes a critical place that determines whether the deer can survive winter,” said Shiro...

Events

25 h. ago US Pentagon orders 700 Marine Corps troops to Los Angeles as unrest spreads

The US Pentagon ordered hundreds of Marine Corps members to Los Angeles to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier on Monday, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most-populous city without state authorisation. Chinese and Asian residents in the economically powerful state expressed concern amid fear that, having already...

Politics

25 h. ago US Pentagon deploying 700 Marines to quell Los Angeles unrest

The US Pentagon ordered hundreds of Marine Corps members to Los Angeles to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier on Monday, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most populous city without state authorisation. Chinese and Asian residents in the economically powerful state expressed concern amid fear that, having already...

Politics

25 h. ago Trump deploying 700 Marines and 2,000 more National Guard to quell LA unrest

The US Pentagon ordered hundreds of Marines to Los Angeles and an additional 2,000 National Guard members on Monday to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier in the day, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most populous city without state authorisation. Chinese and Asian residents in the economically powerful state...

Politics

25 h. ago Trump orders 700 Marines, more National Guard to quell LA unrest

The US Pentagon ordered hundreds of Marines to Los Angeles and an additional 2,000 National Guard members on Monday to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier in the day, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most populous city without state authorisation. Chinese and Asian residents in the economically powerful state...

Politics

26 h. ago Bitcoin surges to $108,000 as top US and Chinese officials meet to discuss tariffs

Bitcoin surges to $108,000 as top US and Chinese officials meet to discuss tariffs  Fortune

Politics

27 h. ago Live updates: Trump officials seek to repair frayed trade war truce with China

Live updates: Trump officials seek to repair frayed trade war truce with China  The Washington Post

Politics

27 h. ago US and Chinese officials meet in London for pivotal trade talks

US and Chinese officials meet in London for pivotal trade talks  Reuters

Politics

30 h. ago Live updates: Trump administration officials seek to repair frayed trade truce with China

Live updates: Trump administration officials seek to repair frayed trade truce with China  The Washington Post

Politics

30 h. ago US and China begin crunch trade talks in London amid simmering tensions

Top economic officials from China and the United States have kick-started a crucial round of trade talks in London, as the world watches closely to see if the two sides can agree to roll back their “chokehold” controls over critical minerals and advanced technologies. The Chinese and American delegations – led by China’s vice-premier, He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer – met Monday afternoon, local...

Events

30 h. ago US vows reprieve on some tech export restrictions as talks with China begin in London

Top economic officials from Washington and Beijing have launched a high-stakes round of trade talks in London, with a senior White House official signaling soon after the start that the US will ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by China’s vice-premier, He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard...

Politics

30 h. ago US hints at reprieve on some tech export restrictions as talks with China begin

Top economic officials from Washington and Beijing launched a high-stakes round of trade talks in London, with a senior White House official signalling soon after the start that the US would ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by Chinese Vice-Premier He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick...

Politics