Beijing said on Thursday the United States's latest moves to expand export controls and levy new port fees on Chinese ships have been "profoundly detrimental" to trade talks between the two superpowers.

Commerce ministry spokeswoman He Yongqian said the U.S. moved ahead with the measures while "disregarding China's sincerity in consultations", causing "severe damage to China's interests... (and) a profoundly detrimental impact".

Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the dust.

Their work was credited with helping economists better understand how ideas and technology succeed by disrupting established ways — a process as old as steam locomotives replacing horse-drawn wagons and as contemporary as e-commerce shuttering shopping malls.

China's exports of electric vehicles doubled in September from a year earlier as its automakers expanded their reach into overseas markets.

Stocks slipped in morning trading on Wall Street Tuesday as trade tensions escalate again with China.

The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.

In its flagship World Economic Outlook (WEO) report -- compiled before the most recent US-China tariff spat -- the IMF hiked its 2025 global growth forecast to 3.2 percent, up from 3.0 in July, while leaving its prediction for 2026 unchanged at 3.1 percent.

Wall Street is taking a pause on Thursday as U.S. stocks and even the price of gold make only modest moves near their record highs.

The price of silver reached more than $50 an ounce Thursday for the first time since 1993 in the wake of sister safe-haven gold soaring to record highs.

The European Commission said on Thursday it was "concerned" by China's announcement of new controls on the export of rare-earth technologies and items.

"The commission expects China to act as a reliable partner and to ensure stable, predictable access to critical raw materials," EU trade spokesman Olof Gill told reporters.

The European Union's executive arm on Wednesday unveiled detailed proposals to protect farmers from being undercut by imports from South America as it seeks to build support for its deal with the Mercosur trade alliance.

Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway.

The new Model Y, costing just under $40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries to attract more customers despite an aging lineup, stiff competition from foreign EV makers and anti-Elon Musk boycotts targeting the company.