TRUMP CHINA NEWS
‘Have not spoken to him about it, I just know he… ’: Trump breaks silence on Nvidia CEO Jensen Huang’s affair and tech giant’s probe into China’s espionage
Nvidia is currently looking into CEO Jensen Huang amid reports of his personal misconduct and possible links to espionage activities. Huang has openly acknowledged his affair with a business executive who is under suspicion for spying on behalf of China. Trump has come out in support of Huang, describing him as an exemplary individual.
Tech firms claw back some losses after midterms rout, eyes on Nvidia
Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.
After the US midterm rout of Trumpism, the world struggles to trust America again
In the wake of the midterm elections, Joe Reeve alongside other international observers share their skepticism about the integrity of American democracy. A dominant concern is the potential volatility in U.S. policy amidst Trump’s sway. There’s a strong call from world leaders for the U.S. to uphold its democratic values, as businesses start to feel anxious about impending changes in trade and immigration policies.
Meet Lori Huang, Nvidia CEO Jensen Huang's low-profile wife who runs a $9.2 billion foundation that rivals the famous MacArthur Foundation
Jensen Huang's wife is Lori Huang. The couple reportedly met as engineering students at Oregon State University. At that time, Jensen was 17 and Lori was 19. They had reportedly then worked together as lab or study partners. Jensen also approached Lori with an offer that he would help her with homework.
After the US midterm rout of Trumpism, the world struggles to trust America again
Joe Reeve, a London startup founder, expressed global concern over the uncertainty following the midterm elections. Many international observers doubt whether the election results will lead to significant policy changes. Political leaders and business owners are cautious about America's potential direction under continued Trump influence. The emotional aftermath of the elections enhances feelings of distrust in American governance worldwide.
- Go To Page 1
China confirms discussions are underway on a historic Xi-Trump-Putin meeting
Beijing has officially indicated it is coordinating a meeting between the leaders of China, the U.S., and Russia. This historic gathering may take place in Shenzhen later this month during a regional summit. Experts suggest the discussions will likely be superficial and primarily focused on optics rather than substantive issues. Both the U.S. and China are dealing with ongoing trade tensions and disagreements over multiple topics.
Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
Amagi, Shiprocket post profits; US polls’ impact on IT
Amagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Gold price prediction: Will gold rally on Thursday after midterm election result? Check outlook for November 5
Gold surged 5% to cross $4,100 per ounce, marking its biggest single-day gain since mid-August. Silver also climbed past the $50 per ounce mark, rising 6%. Both precious metals staged a strong recovery from October’s steep losses, with silver leading the gains. Lower borrowing costs and a weaker dollar provided further support to bullion prices.
Iran warns of wider war if US attacks after Trump election rout
Iran's supreme leader, Mojtaba Khamenei, expressed that the Middle East conflict may escalate if US attacks continue. Trump's political defeat in the midterms may limit his military options, yet he retains authority to strike. Iran's leadership is emphasizing the outcome of the elections as a rejection of war by the American public. Diplomatic discussions are ongoing, aiming to prevent further hostilities between Iran and the US.
US allies see a chastened Trump but they’re wary of the backlash
US election results are viewed as a potential limit on Donald Trump's power regarding foreign policies. Foreign officials remain cautious, predicting that Trump may continue to act unpredictably despite the political changes. The president's approach toward Iran may signal his handling of Congress's constraints on his authority. European leaders express concern over the implications for international relations amid ongoing conflicts.
US midterm election results: What Trump & Republicans' loss means for India
US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.
Global Market Today: Asian stocks slide as US chip selloff deepens
The MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a three-day rout to 12% and the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign some investors are looking to buy on dips, US stock futures gained. Japan is closed for a holiday.
G20 foreign ministers end Atlanta meeting without consensus on key issue, group photo cancelled
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
Iran-US draft proposes uranium transfer, Hormuz reopening within 7 days: Report
A preliminary draft framework for negotiations between the US and Iran proposes transferring Iran's uranium stockpile. This draft also suggests reopening the Strait of Hormuz within seven days of an agreement. Proposed measures include reducing enrichment levels and easing sanctions by the US. An independent verification mechanism and dispute-resolution process are also outlined in the draft. The negotiations will take place in Doha, moving away from previous Istanbul meetings.
Kim Jong Un calls for rapid expansion of drone technology and observes weapons tests
North Korean leader Kim Jong Un has called for a rapid expansion of the country's drone technology and oversaw tests of drones, missiles and other weapons, state media reported. The developments come amid rising tensions with South Korea following recent border incidents and renewed weapons activity. Kim's push to strengthen unmanned technology also comes as North Korea seeks to improve its military capabilities and potentially gain leverage in future talks with the US.
US and Japan to establish a Japanese facility for joint missile production
The United States and Japan have decided to establish a facility for joint missile production in a strategic partnership. Japanese Defense Minister Shinjiro Koizumi highlighted the importance of this venture in addressing regional security concerns. Both nations aim to enhance their defense cooperation against rising threats, particularly regarding China's assertiveness in Asia. Additionally, discussions emphasized the significance of maintaining a rules-based international order in the region.
UN nuclear watchdog chief urges Iran to grant access
IAEA chief Rafael Grossi urged Iran to immediately grant inspectors access to its nuclear facilities and materials to verify its nuclear programme. The IAEA has been unable to access key sites since Israeli and US strikes in June 2025, while further attacks have hit nuclear facilities in the latest conflict. Iran criticised the UN Security Council for what it called a double standard over the strikes. The IAEA had previously estimated Iran held about 440 kg of uranium enriched to 60%, leaving the status of the stockpile uncertain.
From murder charges to military curfews: The fallout from a US Marine's case in Japan reignites anger over American forces in Okinawa
Lance Corporal Devin Jacob Ballard faces charges in the murder of Anna Yagi, which has triggered public outrage. His alleged actions and the military's response have reignited debate over US military presence in Okinawa. Restrictions placed on American service members following the incident raise questions about their effectiveness in preventing future crimes. Okinawa's residents continue to demand stronger oversight of US forces and greater accountability for past incidents.
From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's why
China's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology stocks that previously soared have now lost significant value in recent months. As investor enthusiasm wanes, concerns over future profits and valuations are becoming pronounced. Additionally, export restrictions on technology could further complicate the sector's recovery. Policymakers in China now face challenges in bolstering investor confidence while promoting industry growth.
Chinese Communist Party begins key plenum meeting setting stage for Xi's fourth term
The Chinese Communist Party has initiated a crucial plenary session aimed at securing President Xi Jinping's fourth term. The session is set to finalize leadership changes ahead of next year's Congress, which occurs every five years. Xi Jinping delivered a report highlighting the need for stringent party self-governance while emphasizing his successes, including an extensive anti-corruption campaign.
North Korean leader Kim Jong Un visits China, South Korean news agency reports
North Korean leader Kim Jong Un visited China, arriving in Dandong after crossing a newly opened bridge. This visit marks his first trip to China in over a year, following President Xi Jinping's visit to Pyongyang. Kim has focused on enhancing relations with China after previously prioritizing connections with Russia. The New Yalu River Bridge, which opened recently, facilitated Kim's arrival in the border city.
WATCH: Ex-Trump press secretary Karoline Leavitt, who served for nearly two years, breaks silence on Katie Zacharia’s historic 5-day White House exit
Katie Zacharia's resignation as White House press secretary within just five days has made headlines. Her predecessor, Karoline Leavitt, remarked on the unforgiving nature of the role. Facing backlash over her credentials, including not having passed the bar exam, Zacharia's initial press briefing fell short, prompting doubts about her abilities. Donald Trump weighed in, urging her to reassess her choice amid claims of unfair treatment.
U.S. State Department China travel advisory: Key points to note for Americans planning a trip to China
Americans planning to travel to China need to be aware of potential risks including wrongful detention and surveillance. Recent updates from the US State Department emphasize concerns regarding arbitrary enforcement of local laws. Travelers may face exit bans related to business disputes or investigations that they were unaware of. Communications sent in or out of China could be monitored, which may lead to serious legal consequences.
'First time in long time, we're maybe close to deal': Trump on Ukraine conflict
Speaking to reporters before departing the White House for South Carolina, Trump highlighted the delicate state of peace discussions, arguing that imposing additional economic penalties could derail diplomatic momentum.
Trump envoy Witkoff meets Putin in St. Petersburg for Ukraine war talks
Steve Witkoff held talks with Vladimir Putin in St. Petersburg to discuss peace efforts regarding Ukraine. These meetings follow Witkoff's recent discussions with Ukrainian President Volodymyr Zelenskyy in Oslo. Zelenskyy emphasized the need to freeze the conflict to achieve an end to the war. Trump expressed increasing pressure on Zelenskyy to negotiate a deal with Russia. Ongoing Russian attacks in Ukraine continue to result in casualties and damage to infrastructure.
Permanent India UNSC seat an 'obvious element' of global governance reform: Polish envoy
Poland's Ambassador to India affirmed support for India's permanent seat on the United Nations Security Council. This endorsement aligns with broader reforms in global governance that recognize emerging powers from the Global South. India has been praised for its diplomatic efforts concerning the Russia-Ukraine war, promoting peace and dialogue. A potential trilateral summit between Russia, the United States, and China could address this conflict further.
Load More
