Toyota sales fall as Iran conflict strains Japanese auto supply chains

Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to 806,905 units, weighed down by fierce......

Morgan Stanley backs memory stocks after market selloff triggered by TurboQuant

Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI efficiency could erode demand for one of......

China tests hybrid engine aimed at stealthier combat drones

China has successfully conducted flight tests of a hybrid propulsion system designed to make small combat drones quieter, harder to detect and capable of flying longer distances, according to a report aired Friday by CCTV‑7, the country’s military television channel. The system, rated at 60 kilowatts and tested in December, combines......

Three killed and dozens injured in building fire in northern China

The incident occurred in Shanxi Province, where a blaze broke out in a building, prompting a large-scale emergency response. Local authorities confirmed that 23 people were injured, including several in critical condition. Emergency teams, including firefighters and medical personnel, were quickly dispatched to the scene to contain the fire......

Hormuz shipping paralysis blocks a third of global fertilizer trade as food crisis deepens

Four weeks into the war between the United States, Israel and Iran, the near-total paralysis of the Strait of Hormuz has blocked one third of global seaborne fertilizer trade, triggering a price surge and prompting the United Nations to warn of a "systemic shock" to global food systems as planting seasons begin across the Northern......

FAO warns Iran war is triggering one of the fastest global food disruptions in years

The war in Iran, now entering its second month, is sending cascading economic shockwaves across Southeast Asia, where surging energy costs are rapidly translating into food insecurity and social unrest. The United Nations Food and Agriculture Organization warned Thursday that the conflict in the Persian Gulf "has triggered one of the......

Asian airlines slash flights from April as jet‑fuel crisis bites

Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz, has sent aviation fuel costs soaring,......

India approves purchase of new air defense missiles from Russia

India has approved a major defense acquisition plan that includes the purchase of new air defense missile systems from Russia, signaling a continued strategic partnership between the two countries despite mounting geopolitical pressure. According to official sources, the Indian Ministry of Defense authorized a broad procurement package valued......

Iran war boosts global demand for EVs, solar and heat pumps

The war in Iran has upended energy markets and exposed vulnerabilities in fossil fuel supply chains. Consumers and governments now show sharp interest in clean energy technologies, from electric vehicles and rooftop solar panels to heat pumps and induction stoves. Fighting has nearly halted oil exports through the Strait of Hormuz, the narrow......

BYD posts steeper‑than‑expected profit drop in Q4 2025

BYD, the world’s largest electric‑vehicle maker, reported a sharper‑than‑expected decline in net profit in the fourth quarter of 2025, as intense price competition and tighter regulations in China have trimmed margins for a third consecutive quarter. The company disclosed the figures on Friday as its board met to approve audited......

BASF opens largest-ever China plant amid overcapacity concerns

BASF inaugurated Thursday its massive Verbund integrated chemical complex in Zhanjiang, Guangdong province, southern China the company's biggest single investment in 160 years at 8.7 billion euros across four square kilometers employing over 2,000. Launch timing shadows short-term profitability amid industry overcapacity and weak margins.......

Rapid7 uncovers Chinese 'dormant cells' in telecom networks

Rapid7 detailed Thursday how a China-linked threat actor, Red Menshen, planted stealthy BPFdoor backdoors in global telecom networks using Linux kernel-level malware. First revealed in 2022, BPFdoor leverages Berkeley Packet Filter technology to passively monitor network packets without opening ports or signaling activity, evading standard......

China demands stronger response from Japan after embassy incident

China has called for a more comprehensive response from Japan following a security breach at its embassy in Tokyo, warning that expressions of regret alone are insufficient. The incident involved an unauthorized intrusion into the Chinese diplomatic compound, reportedly carried out by an armed individual linked to Japan’s military.......

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