Page 12 - Us China
China signals willingness to cooperate with US on fentanyl, deportations
China offers to work with the US on narcotics control and migrant repatriation, while warning Washington to uphold mutual respect - a step towards easing trade tensions
 "China signals willingness to cooperate with US on fentanyl, deportations")
Darwin port dispute shows not all Chinese stakes pose security threat
Beijing's ownership of critical infrastructure has been growing steadily over the years, but Trump's new administration is paying more attention
 "Darwin port dispute shows not all Chinese stakes pose security threat")
Trump to extend TikTok's deadline by 90 days; to sign order: White House
President Trump has signed an executive order delaying the ban on TikTok for a third time, giving ByteDance 90 more days to secure a divestment deal
 "Trump to extend TikTok's deadline by 90 days; to sign order: White House")
TikTok ban on hold? Trump hints at more time for ByteDance to sell app
Donald Trump hints at extending ByteDance's TikTok sale deadline, after twice delaying a ban initially set under the 2023 law citing national security and data privacy concerns
 "TikTok ban on hold? Trump hints at more time for ByteDance to sell app")
China joins US in brain implant race with successful clinical trial test
Chinese researchers used brain-computer interfaces, or BCI, a wireless invasive implant in a patient with tetraplegia in March
 "China joins US in brain implant race with successful clinical trial test")
Chips won the cold war, but rare earth magnets could decide the next
In the first major US-China trade dispute of Trump's second term, Beijing was able to use its control of rare earths to force Washington to a deal last week
 "Chips won the cold war, but rare earth magnets could decide the next")
US-China trade truce likely leaves military-use rare earth issue unresolved
Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems
 "US-China trade truce likely leaves military-use rare earth issue unresolved")
2 Chinese scientists to remain in jail for bringing illegal material to US
Two Chinese scientists accused of smuggling or shipping biological material into the United States for use at the University of Michigan will remain in custody after waiving their right to a hearing Friday in federal court. Yunqing Jian and Chengxuan Han said in separate court appearances in Detroit that they would not challenge the government's request to keep them locked up while their cases move forward. This is a constantly evolving situation involving a large number of factors, Han's attorney, Sara Garber, told a judge. She didn't elaborate and later declined to comment. Han was arrested Sunday at Detroit Metropolitan Airport after arriving on a flight from China, where she is pursuing an advanced degree at Huazhong University of Science and Technology in Wuhan. She planned to spend a year completing a project at the University of Michigan lab, and is accused of shipping biological material months ago to laboratory staff. It was intercepted by authorities. The FBI, in a court
 "2 Chinese scientists to remain in jail for bringing illegal material to US")
Stock Market close highlights: Sensex crashes 823 pts, Nifty below 24,900; all sectors settle in red
Sensex Today | Stock Market close, Thursday, June 12, 2025: The Nifty Midcap100 and Nifty Smallcap100 index settled in red, down by 1.73 per cent and 1.90 per cent, respectively
 "Stock Market close highlights: Sensex crashes 823 pts, Nifty below 24,900; all sectors settle in red")
Rupee gains for sixth day on weak dollar; opens higher at 85.43/$
Indian Rupee today: The domestic currency appreciated 8 paise to open at 85.43 against the dollar, after closing at 85.51 on Wednesday
 "Rupee gains for sixth day on weak dollar; opens higher at 85.43/$")
China imposes 6-month cap on rare-earth export licences to US amid talks
China is limiting rare-earth export licences for US firms to six months, using it as leverage in trade talks while the US agrees to ease some restrictions on key goods like jet engines and ethane
 "China imposes 6-month cap on rare-earth export licences to US amid talks")
Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag
Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers
 "Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag")
Rupee advanced as US-China trade tensions ease; opens higher at 85.53/$
Indian Rupee today: The domestic currency appreciated 9 paise to open at 85.53 against the dollar, after closing at 85.62 on Tuesday
 "Rupee advanced as US-China trade tensions ease; opens higher at 85.53/$")
Major Chinese maker of rare-earth magnets gets green light for US exports
JL Mag Rare-Earth Co. said that officials approved a certain number of export applications, and the company had permits for regions including the US, Europe and Southeast Asia
 "Major Chinese maker of rare-earth magnets gets green light for US exports")
Asian shares gain as US, China agree on framework to advance trade deal
Asian shares mostly rose Wednesday after China and the US said they had agreed on a framework for following up on the trade truce reached last month in Geneva. US futures fell while oil prices edged higher. Japan's benchmark Nikkei 225 surged 0.6 per cent in afternoon trading to 38,450.76. Data from the Bank of Japan data showed wholesale inflation slowed in May, meaning there might be less pressure for the central bank to raise interest rates in its next policy board meeting. Hong Kong's Hang Seng gained 0.9 per cent to 24,381.39, while the Shanghai Composite rose 0.5 per cent to 3,402.97. Australia's S&P/ASX 200 edged up 0.2 per cent to 8,603.70. South Korea's Kospi added 1.0 per cent to 2,900.05. Tuesday on Wall Street, the S&P 500 rose 0.5 per cent to 6,038.81 as the trade talks between the world's two largest economies carried into a second day. The Dow Jones Industrial Average added 0.2 per cent to 42,866.87, and the Nasdaq composite gained 0.6 per cent to ...
 "Asian shares gain as US, China agree on framework to advance trade deal")
Being a bully on trade won't work longer term, warns Christine Lagarde
Coercive trade policies are not a sustainable solution to today's trade tensions, said Lagarde
 "Being a bully on trade won't work longer term, warns Christine Lagarde")
Trump admin can keep collecting 'sweeping tariffs' for now, says US court
The ruling by the US Court of Appeals for the Federal Circuit extends a similar order after a federal court struck down the 'sweeping tariffs' on May 28, stating that Trump overstepped his authority
 "Trump admin can keep collecting 'sweeping tariffs' for now, says US court")
US, China reach agreement to ease export curbs, keep tariff truce alive
US commerce secretary Lutnick said the London agreement would lift some recent US export restrictions but gave no details after talks ended
 "US, China reach agreement to ease export curbs, keep tariff truce alive")
Rupee ends flat for second straight session as US-China trade talks linger
Indian Rupee today: The domestic currency appreciated 1 paise to end at 85.62 against the dollar, after closing at 85.63 on Monday
 "Rupee ends flat for second straight session as US-China trade talks linger")
US-China trade talks enter day 2 in London amid rare earths, export dispute
US-China trade talks aim to defuse rising tensions over chip exports and critical minerals, revive Geneva truce, and ease strain on global supply chains amid signs of economic stress
 "US-China trade talks enter day 2 in London amid rare earths, export dispute")