Tencent to integrate Ai agents into WeChat ecosystem

Chinese tech giant Tencent has announced plans to introduce artificial intelligence agents into its flagship application WeChat, marking a new step in the evolution of digital services. The company revealed that these AI-powered agents will be designed to perform practical tasks for users, such as sending emails, managing schedules, or booking......

Trump seeks to delay Xi summit as Iran war reshapes priorities

US President Donald Trump said he has requested a one month delay to his planned summit with Chinese President Xi Jinping, citing the ongoing war with Iran as the reason for remaining in Washington. Speaking at the White House, Trump said he wanted to travel to China but considered it necessary to stay in the United States due to the conflict.......

Goldman says fuel prices hit harder than crude in oil shock

Goldman Sachs warned that the ongoing conflict involving the United States, Israel and Iran is driving sharper increases in refined fuel prices than in crude oil, even as Brent remains above 100 dollars per barrel amid one of the largest supply disruptions on record. The bank’s commodities team, led by Daan Struyven, raised its short-term......

Oil prices rebound above $100 as Hormuz concerns persist

Oil prices rose sharply on Tuesday as renewed concerns over the Strait of Hormuz erased the previous day’s relief rally, highlighting ongoing disruption in one of the world’s most critical energy corridors. Brent crude climbed nearly 3 percent to around $103 per barrel, while US benchmark West Texas Intermediate rose to about......

Tungsten prices surge 557 percent as China tightens export controls

Global tungsten prices have soared to record levels after China tightened export restrictions on the strategic metal, triggering supply shortages that are affecting defense and technology industries worldwide. The price of ammonium paratungstate, the main benchmark for tungsten trading, has climbed above 2,250 dollars per metric ton unit,......

Oil prices exceed 100 dollars as Strait of Hormuz crisis deepens

Oil prices climbed above 100 dollars per barrel at the start of the week as the conflict involving the United States, Israel, and Iran entered its third week, raising concerns about prolonged disruption to global energy supplies. West Texas Intermediate, the main United States benchmark, rose to around 100 dollars per barrel, while Brent......

US Treasury Secretary Bessent calls talks with China in Paris constructive

US Treasury Secretary Scott Bessent described the recent economic and trade discussions with Chinese representatives in Paris as “constructive,” highlighting the stability of the bilateral relationship. Speaking to reporters after two days of meetings, Bessent emphasized that the talks demonstrated a willingness on both sides......

Asian markets fall as oil holds above $100 amid Iran war

Asian financial markets opened lower Monday as investors prepared for another volatile week, with oil prices remaining above 100 dollars per barrel and no clear end to the conflict between the United States and Iran that has effectively disrupted shipping through the Strait of Hormuz. Futures tied to United States equities also signaled a......

China industrial output and retail sales beat forecasts early in 2026

China’s economy started 2026 stronger than expected, with industrial production and retail sales both exceeding forecasts in the January to February period, according to data released Monday by the National Bureau of Statistics. Industrial output rose 6.3 percent year on year during the first two months of the year, accelerating from......

South Korea tanker operator Sinokor gains windfall as Strait of Hormuz crisis drives shipping rates

The effective closure of the Strait of Hormuz has pushed global oil tanker freight rates to unprecedented levels, reshaping maritime trade and delivering exceptional profits for shipping companies that positioned themselves ahead of the crisis. Daily charter rates for very large crude carriers, or VLCCs, have surged above $400,000 and in some......

Apple foldable iPhone screen enters mass production ahead of 2026 launch

Apple is moving closer to launching its first foldable smartphone, with display panels for the device expected to enter mass production in May, according to a leak reported by 9to5Mac citing Chinese tipster Instant Digital. The device, widely referred to as the iPhone Fold, is expected to debut alongside the iPhone 18 Pro and iPhone 18 Pro......

Bitcoin miners face greater risk from falling BTC price than oil surge

Bitcoin mining companies are more vulnerable to fluctuations in the price of Bitcoin than to rising electricity costs triggered by higher oil prices, according to a new analysis examining the impact of the Iran related oil shock on the cryptocurrency industry. A report released this week by Luxor Technology’s Hashrate Index found that......

Italy seeks talks with Pirelli investors amid dispute over Chinese influence

The Italian government is preparing to hold discussions with representatives of Pirelli and its major investors as authorities examine concerns surrounding foreign influence within one of the country’s most prominent industrial groups. According to officials familiar with the matter, the talks are expected to involve the company’s......

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