Beijing, Oct 30 — China’s Ministry of Industry and Information Technology (MIIT) Vice Minister Xie Yuansheng met with Helena Budliger Artieda, Director and State Secretary of the Swiss State Secretariat for Economic Affairs (SECO), to discuss deepening cooperation in the watchmaking and pharmaceutical sectors. The two sides signed a revised memorandum of understanding under the China‑Switzerland Economic and Trade Joint Committee to strengthen watch cooperation; MIIT said the revised MOU continu

Intel (INTC.O)'s outlook fell short of expectations, sending semiconductor stocks lower in premarket trade. AMD (AMD.O) fell 6.5%, NVIDIA (NVDA.O) fell 2.5%, Micron Technology (MU.O) fell 3.7%, Arm (ARM.O) fell 7.5%, Qualcomm (QCOM.O) fell 3.9%, Broadcom (AVGO.O) fell 3.5% and the iShares Semiconductor ETF fell 5.6%.

China Securities Regulatory Commission Party secretary and chair Wu Qing chaired an expanded party meeting on Oct. 30 calling for tougher anti‑corruption enforcement. The CSRC pledged full cooperation with the disciplinary inspection team stationed at the regulator, to resolutely punish new and hidden forms of corruption and deepen integrated investigation and remediation of misconduct and corruption. The meeting also urged institutionalized party governance, greater tech‑enabled oversight, improved checks on power allocation and penetrating supervision, and launch of a three‑year action plan to strengthen system‑ and industry‑level integrity culture.