Porsche deliveries fall 15% as China slowdown and US tariffs bite

Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline for the brand, which had delivered......

Foreign Minister says China is willing to strengthen exchanges with North Korea in meeting with Kim Jong Un

China has expressed its willingness to deepen exchanges and expand cooperation with North Korea during a high-level meeting between Chinese Foreign Minister Wang Yi and North Korean leader Kim Jong Un, according to Chinese state media Xinhua. The discussions took place as both countries continue to reinforce their long-standing diplomatic......

Cambodia’s King undergoes treatment for prostate cancer in China

Cambodia’s King Norodom Sihamoni has announced that he is currently receiving medical treatment for prostate cancer in China, according to an official statement released by the country’s information ministry. The 72-year-old monarch said that his condition was diagnosed following a comprehensive medical examination in Beijing.......

China producer prices turn positive for first time in over three years

China's producer prices rose in March for the first time in more than three years. Data published Friday showed energy costs surging from the Iran war lifted the world's second-largest economy out of prolonged deflation. The producer price index climbed 0.5% year-on-year, the National Bureau of Statistics reported. The gain ended......

Taiwan reports rising military pressure as China promotes peace dialogue

Taiwan has raised concerns over an increase in Chinese military activity near the island, highlighting a growing contrast between Beijing’s diplomatic messaging and its actions on the ground. Officials in Taipei report that Chinese warships and aircraft have intensified their presence in recent weeks, maintaining near-daily operations......

Alibaba shares fall as AI spending pressures trigger target cuts

Alibaba shares declined in Hong Kong after analysts at Jefferies and UBS lowered their price targets, citing rising artificial intelligence costs and widening losses in non-core businesses. The stock fell 2.9 percent to 122.70 Hong Kong dollars, underperforming the broader Hang Seng Index, which slipped 0.6 percent during the session. Jefferies......

Mercedes reports Q1 sales decline amid transition year in China

Mercedes-Benz (Mercedes-Benz Group AG) announced a decline in first-quarter 2026 sales as the company navigates a transitional period in the Chinese market. Quarterly sales fell 6% year-on-year to 419,400 vehicles, reflecting challenges in the world’s largest automotive market. While Mercedes saw sales increase by 7% in Europe and 20%......

Inwi launches morocco’s first private industrial 5g network

Moroccan telecom operator inwi has deployed the country’s first private 5G network dedicated to industrial use, marking a new phase in Morocco’s digital transformation. The announcement was made during GITEX Africa 2026 in Marrakech. The network will serve a 52 hectare industrial site in the Oriental region, one of the largest......

Afghanistan and Pakistan move toward dialogue in China-led peace talks

Officials from Afghanistan and Pakistan have agreed to explore a comprehensive approach to resolving their ongoing tensions following recent peace discussions hosted by China. The talks, held in the Chinese city of Urumqi, aimed to reduce hostilities and encourage both sides to pursue diplomatic solutions after months of escalating tensions......

Sanchez to visit China to strengthen diplomatic and economic ties

Spanish Prime Minister Pedro Sánchez is scheduled to visit China from April 11 to April 15, according to official announcements. The trip marks another step in Spain’s efforts to reinforce its relationship with one of the world’s leading economic powers. This will be Sánchez’s fourth visit to China in recent......

Stellantis explores partnership with Leapmotor to develop new electric Opel SUV

Stellantis is reportedly in advanced discussions with Chinese automaker Leapmotor to jointly develop a new electric SUV under the Opel brand, according to sources familiar with the matter. The potential collaboration reflects a broader trend in the global automotive industry, where established manufacturers are increasingly partnering with......

Apple shares slide on foldable iPhone delays and App Store growth concerns

Apple shares fell sharply on Tuesday, weighed down by a report citing technical setbacks affecting the company's first foldable iPhone and fresh analyst data pointing to a slowdown in App Store revenue growth. The stock ranked among the weakest performers on the Dow Jones Industrial Average during the session. A Nikkei Asia report published......

China's electric vehicle shift cushions the blow of Iran war oil shock

As conflict involving the United States, Israel, and Iran continues to destabilize global energy markets and effectively close the Strait of Hormuz, China's long-running transition toward electric vehicles and renewable energy is providing the world's largest crude oil importer with a notable economic buffer against surging oil prices. Reuters......

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