Fossils in China push back origins of complex animal life by millions of years

A cache of more than 700 fossils unearthed in southwestern China has shown that complex animal life was already diversifying millions of years before the celebrated Cambrian explosion, according to a study published Thursday in the journal Science. The discovery, from a site known as the Jiangchuan biota in Yunnan province, includes specimens......

Concerns grow over detentions of Panama-flagged vessels in China

Tensions in global maritime trade have risen after reports of detentions of Panama-flagged vessels in China, prompting concern from international stakeholders. Marco Rubio expressed alarm over the situation, warning that such actions could raise questions about the use of economic measures in international disputes. The remarks follow increased......

Iran war threatens Asia's AI boom as energy costs surge

Asia's artificial intelligence ambitions face a significant test as the conflict in Iran drives up energy prices, strains supply chains, and raises production costs across the region's semiconductor industry, even as chip exports reach historic highs. South Korea's semiconductor exports jumped 151.4% year-on-year in March to a......

BYD international sales surge 65% as oil crisis drives global EV demand

BYD, the world's largest electric vehicle maker, reported international sales of 120,083 vehicles in March, a 65 percent increase from the prior year, as oil prices inflated by the Iran conflict push consumers worldwide toward electric cars. The strong export figures come even as BYD's total domestic sales continue to decline year-on-year,......

China expands digital yuan programme with 12 new banks

China’s central bank has broadened its digital yuan programme by authorizing 12 additional banks to operate the national digital currency, the People's Bank of China (PBOC) said. This expansion raises the total number of banks able to handle the digital yuan to 22. Among the newly approved operators are China CITIC Bank, China Everbright......

Chinese stocks and bonds outperform global peers as Iran war reshapes energy markets

More than a month into the American-Israeli military campaign against Iran, China is absorbing the economic shock of oil supply disruptions and soaring energy costs, yet a growing number of analysts argue that the world's second-largest economy may be better positioned than most to weather the storm, and could emerge from the crisis with......

Brazil floods the market and eases Singapore's bunkering crisis

A surge in Brazilian heavy fuel oil exports to Southeast Asia in March has helped relieve a severe bunker fuel supply crisis at Singapore, the world's largest ship refueling hub, after weeks of war-related disruptions strangled flows through the Strait of Hormuz, according to Reuters and maritime data trackers. Spot premiums for bunker......

China backs lawful global tech deals amid scrutiny of Meta acquisition

China has reaffirmed its support for international business and technology partnerships, emphasizing that cross-border deals must comply with national laws and regulatory frameworks. The statement comes amid scrutiny surrounding a reported acquisition by Meta involving a Chinese artificial intelligence startup. A spokesperson for China’s......

France closely watches Pernod Ricard and Brown Forman merger talks

The French government is closely monitoring discussions between Pernod Ricard and Brown Forman over a potential merger that could reshape the global spirits market. Officials in Paris are focusing on key issues including the future headquarters location and board composition, according to Bloomberg, citing BFMTV. The talks, confirmed by both......

Rox Motors opens Casablanca showroom and launches two luxury SUVs

Chinese automotive brand Rox Motors, represented in Morocco by CSA Motors, inaugurated its new showroom in Casablanca on March 30, 2026. The event showcased the company’s flagship models: the Rox 01 and Rox Adamas, two luxury off-road SUVs. Located in the prestigious Anfa district, the showroom offers high visibility and easy access......

Nike faces new challenges amid Middle East conflict

Nike’s efforts to stabilize its business are encountering fresh challenges as unrest in the Middle East threatens to affect global operations. The sportswear giant also continues to struggle with slower sales growth in China, a key market for the company. Executives have warned of a notable drop in current-quarter sales, citing higher......

Hegseth says US is directly confronting Russia and China over support for Iran

Defense Secretary Pete Hegseth issued a pointed warning to Russia and China on Tuesday over their alleged support for Iran, saying the United States is addressing the matter directly as the war enters its fifth week with no diplomatic breakthrough in sight. Speaking at a Pentagon briefing alongside Joint Chiefs Chairman General Dan Caine,......

Canada seeks stronger economic ties with China during finance minister’s visit

Canada is looking to deepen its economic and diplomatic relationship with China as Finance Minister François-Philippe Champagne begins an official visit to China from April 1 to April 4. The trip reflects a broader effort by Canada to re-engage with one of its most important trading partners. Officials say the visit aims to strengthen......

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