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Simply the latest news, updated on the hour.

AI Summary

  • Iran denies hosting IAEA inspectors while assessing serious damage to its nuclear sites after recent military strikes by the U.S. and Israel, indicating a reluctance to engage in international oversight amidst rising tensions.
  • The U.S. Federal Reserve's core PCE inflation indicator surpasses expectations, influencing positive movements in U.S. equity futures as optimism surrounds trade talks with China and potential Fed rate cuts.
  • Student loan borrowers face a crisis as nearly six million are reported to be significantly overdue following the end of a pandemic-era reprieve, with two million at risk of wage garnishment soon.
  • Xiaomi's YU7 SUV launch breaks records with 300,000 preorders in an hour, positioning the Chinese EV-maker as a formidable competitor to Tesla in the electric vehicle market.
  • The ongoing conflict in the Middle East escalates energy uncertainty, with European LNG prices rising sharply due to fears of disrupted supplies through the Strait of Hormuz, which holds significant global energy traffic.

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South China Morning Post

  1. China, US finalise trade deal; global conflict warning: SCMP daily highlights scmp.com 40 minutes ago by SCMP

    Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. C…

  2. China becomes bright spot at uncertain time: SCMP’s ‘Summer Davos’ highlights scmp.com 4 hours ago by SCMP Reporters

    For those attending the World Economic Forum’s Annual Meeting of the New Champions this week, “uncertainty” was the inescapable word. It could…

  3. Will Guangdong’s plan for a domestic version of Canton Fair pay off? scmp.com 5 hours ago by He Huifeng

    Southern China’s Guangdong province will launch a “domestic trade version” of the Canton Fair – the country’s largest import and export fair –…

  4. China, US reach agreement on export controls as trade talks bear fruit scmp.com 7 hours ago by Carol Yang

    China said on Friday that it would review and approve export applications for controlled items while the US would also remove some of its limi…

  5. US, China reach ‘understanding’, Xi to miss Brics summit: 7 highlights scmp.com 9 hours ago by SCMP

    We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. I…

  6. Economists call for structural reforms to shift China’s focus to consumption scmp.com 10 hours ago by Ji Siqi

    While eye-catching technological breakthroughs – led by the DeepSeek artificial intelligence (AI) model – have boosted confidence in China ami…

  7. Ex-New York official facing China agent charge indicted for kickbacks scmp.com 16 hours ago by Mark Magnier

    A former top New York official earlier charged with acting as a Chinese agent was handed a second federal indictment alleging she received kic…

  8. White House says US reaches ‘understanding’ with China on rare earth shipments scmp.com 16 hours ago by Khushboo Razdan

    The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral …

  9. US bombing of Iran risks a breakdown of nuclear governance scmp.com 16 hours ago by C. Uday Bhaskar

    The United States’ attacks on Iran’s nuclear sites on June 22 have been described as a “spectacular military success” by US President Donald T…

  10. China has begun issuing rare earth export licences to European firms: EU sources scmp.com 20 hours ago by Finbarr Bermingham

    China has started issuing export licences for rare earth elements and magnets to European companies, EU sources confirmed, although the bloc c…

  11. Chinese energy firms say Brazil must clarify rules or face loss of investments scmp.com 20 hours ago by Igor Patrick

    Senior Chinese energy executives have called on Brazil to fix its regulatory framework and provide long-term predictability, warning that dela…

  12. Carmakers GM, Tesla and Ford lead list of US companies in China exposure: report scmp.com 21 hours ago by Khushboo Razdan

    General Motors, one of America’s top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade…

  13. ‘Chinese will have to be careful’: US trade truce may come, but risks remain scmp.com a day ago by Mark Magnier

    After months of chest-thumping, accusations and threats, look for US-China trade relations to weather an uneasy pause as the giants retreat fr…

  14. China’s space military tech ‘threat’, EU and rare earths: SCMP daily highlights scmp.com a day ago by SCMP

    Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. C…

  15. ‘Hotbed of opportunity’: Premier Li says China’s economy offers ‘certainty’ scmp.com a day ago by Carol Yang

    China will continue to be a land of opportunities and an engine of global growth and stability, even as the world faces rising geopolitical ch…

  16. China moving ‘breathtakingly fast’ in space military tech: US general scmp.com a day ago by Liu Zhen

    China is moving “breathtakingly fast” in space military technologies and posing strategic threats to the United States, America’s top space fo…

  17. ‘Summer Davos’ calls for China’s firms to move manufacturing abroad for success scmp.com 2 days ago by Ji Siqi

    Chinese companies should relocate their entire manufacturing ecosystems – rather than just completing the assembly of goods in another country…

  18. Trump defends US strikes on Iran nuclear facilities at Nato summit scmp.com 2 days ago by Seong Hyeon Choi

    US President Donald Trump rejected media reports that US air strikes only partly damaged Iran’s nuclear facilities as “fake news” on Wednesday…

  19. China-tied AI tools like DeepSeek face US federal ban over ‘threat’ scmp.com 2 days ago by Zhao Ziwen

    A bipartisan group of US lawmakers introduced a bill in both chambers of Congress to ban the federal use of China-linked artificial intelligen…

  20. Nato leaders agree to 5% defence spending goal in annual summit scmp.com 2 days ago by Seong Hyeon Choi

    Nato member states have committed to boosting investments in defence to 5 per cent of their domestic output, largely endorsing US President Do…

  21. We’re sleeping on threats from AI, shadow banking and cryptocurrency scmp.com 2 days ago by James David Spellman

    Fledgling artificial intelligence (AI) models, the opacity of shadow banking and the euphoria over cryptocurrency are new fault lines in globa…

  22. Xi may skip Brics, Li Qiang’s speech at ‘Summer Davos’: SCMP daily highlights scmp.com 2 days ago by SCMP

    Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. I…

  23. Li Qiang says China will be consumption power at ‘Summer Davos’: as it happened scmp.com 2 days ago by SCMP Reporters

    This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing.…

  24. In a first, Xi will miss Brics in Rio as Li leads China delegation: sources scmp.com 3 days ago by Igor Patrick

    Chinese President Xi Jinping will not attend next week’s Brics summit in Rio de Janeiro, marking his first-ever absence from the gathering of …

  25. Zelensky tells Nato Chinese firms among Russia’s suppliers aiding war on Ukraine scmp.com 3 days ago by Seong Hyeon Choi

    Chinese defence companies are part of the network helping Russia sustain its war against Ukraine – a war “crucial” to European security, Ukrai…

  26. White House clarifies Trump’s comment on China buying Iranian oil scmp.com 3 days ago by Zhao Ziwen

    US President Donald Trump’s declaration on Tuesday that China “can now continue” to buy Iranian oil did not signal a change in Washington’s po…

  27. Chinese airlines’ advantage, Chongqing as key trade hub: SCMP daily highlights scmp.com 3 days ago by SCMP

    Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. A…

  28. Stop worrying about US and carry on, Nato chief tells Europe and Canada scmp.com 3 days ago by Seong Hyeon Choi

    Europe should “stop worrying so much” about Washington breaking away from the alliance, Nato’s chief said on Tuesday, amid US pressure on Euro…

  29. As skies in Mideast close, China airlines have key advantage – Russian airspace scmp.com 3 days ago by Frank Chen

    Western airlines risk suffering greater disruption than their Chinese rivals this summer, as the escalating conflict between Iran and Israel –…

  30. Suez Canal on rails? How this Chinese city wants to revolutionise global trade scmp.com 4 days ago by Ji Siqi

    In Tuanjie Village, in the heart of Chongqing – China’s largest inland city, best known for its spicy hotpot – orange gantry cranes hoist carg…

  31. China not likely to use navy to secure Hormuz Strait, analyst says scmp.com 4 days ago by Igor Patrick

    China is highly unlikely to use its navy to secure the vital Strait of Hormuz if Iran threatens to close it as Middle East tensions rise, a to…

  32. EU foreign policy chief calls for ‘dose of realism’ in China relations scmp.com 4 days ago by Finbarr Bermingham

    European Union foreign policy chief Kaja Kallas Monday called for what she called “a dose of realism” in its relations with China after EU for…

  33. Beijing’s ‘massive’ build-up raises threat of Taiwan Strait conflict: Nato chief scmp.com 4 days ago by Seong Hyeon Choi

    Beijing’s “massive” military build-up increases the threat of conflict across the Taiwan Strait in a way that could draw Russia and thus Europ…

  34. Trump tries to salvage ceasefire after rebuking Israel and Iran over violations scmp.com 4 days ago by Robert Delaney

    A frustrated US President Donald Trump insisted on Tuesday that the ceasefire between Iran and Israel remains “in effect”, even as he rebuked …

  35. China’s shipments of hi-tech goods to EU surge as its exports to US plunge scmp.com 4 days ago by Finbarr Bermingham

    China’s shipments of hi-tech goods to the European Union went into overdrive last month, coinciding with a big drop in exports of the same goo…

  36. China’s HQ-29 missile, Beijing hits out at US and Israel: SCMP daily highlights scmp.com 4 days ago by SCMP

    1. China hits out at US and Israel, calls for de-escalation of conflict with Iran China sharply criticised the United States and Israel, calli…

  37. Beijing tells China ships in Strait of Hormuz to phone home amid safety risks scmp.com 4 days ago by Carol Yang

    Check in once a day so we know you’re OK – that is the message China has sent to all domestic shipping vessels traversing the Strait of Hormuz…

  38. Strait of Hormuz: why China fears Israel-Iran war poses threat to global economy scmp.com 4 days ago by Phoebe Zhang

    Beijing has urged the international community to step up efforts to de-escalate the conflict between Iran and Israel, warning that the fallout…

  39. Have Trump’s Iran strikes given China a strategic advantage? scmp.com 4 days ago by Luna Sun

    The US’ direct engagement in the Israel-Iran conflict over the weekend could intensify its drive to secure critical resources – particularly r…

  40. Global economy jitters grow after Trump’s Iran strikes, Strait of Hormuz fears scmp.com 4 days ago by Sylvia Ma

    Surging uncertainty in the Middle East has clouded the outlook for global markets, with analysts warning that a potential shutdown of the Stra…

  41. Why Strait of Hormuz matters – and what a blockade could mean for China, Asia scmp.com 4 days ago by Kandy Wong

    Iran’s parliament has approved a measure to close the Strait of Hormuz after the United States launched military strikes on its nuclear facili…

  42. US strikes Iran nuclear sites, Labubu faces competition: 5 weekend reads scmp.com 4 days ago by SCMP

    We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to …

  43. Veteran banker Jin Liqun on leading AIIB during its formative first 10 years scmp.com 5 days ago by Ji Siqi

    A veteran of international finance, Jin Liqun is president and chair of the board of directors at the Asian Infrastructure Investment Bank (AI…

  44. Texas governor signs bill banning Chinese citizens from buying property in state scmp.com 5 days ago by Bochen Han

    A bill to restrict property ownership in Texas by Chinese citizens has become law, more than two years after it was first introduced, setting …

  45. As political violence rises in the US, only Americans can save themselves scmp.com 5 days ago by Rob York

    Law enforcement agencies empowered by the government to carry out the agenda of an ageing president eager to settle political scores. Politici…

  46. World braces for Iran’s response after US attack on nuclear sites scmp.com 5 days ago by SCMP Reporters

    The Middle East crisis dramatically deepened on the weekend after the US launched strikes on Iranian nuclear facilities. This marked a major e…

  47. Iran hitting back at US inevitable as window for diplomacy narrows: analysts scmp.com 5 days ago by Tom Hussain

    Iranian retaliation against the American air strikes ordered by President Donald Trump is inevitable, despite a diplomatic backchannel message…

  48. Why China’s Central Asian footprint is about to get bigger scmp.com 5 days ago by Nikola Mikovic

    As Israel’s war on Iran rages and Russia intensifies its missile and drone strikes on Kyiv, China is quietly expanding its influence in Centra…

  49. ‘It helps me survive’: inside the UK’s thriving Chinese gig economy scmp.com 5 days ago by Mia Nulimaimaiti

    Mark Lin had always dreamed of a career in the arts. As he finished his fine arts degree at a top London university in 2020, he began applying…

  50. Trump claims US ‘obliterated’ Iran nuclear sites, threatens more attacks scmp.com 6 days ago by Zhao Ziwen

    US President Donald Trump announced on Saturday that the US military carried out aerial strikes on three Iranian nuclear sites, following days…

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