UN Security Council divided after deadly drone strike in Luhansk dormitory

The United Nations Security Council held an emergency session following a deadly drone strike on a student dormitory in Starobilsk, a town in Russian-occupied Luhansk. The meeting exposed deep diplomatic divisions over responsibility for the attack, which left at least six people dead and dozens injured, including children. Russia called for......

Chinese automakers surpass 15 percent European electric vehicle sales

Chinese automakers have expanded their footprint in Europe’s electric vehicle market, surpassing 15 percent of battery electric car sales in April. The milestone reflects a rapid increase in shipments driven by rising demand for lower-cost models and expanded export capacity from China’s leading manufacturers. Industry data show......

Western automakers turn China into EV export hub

Western carmakers are increasingly using factories in China as global export platforms, shipping electric and hybrid vehicles back to Europe and other international markets. The shift reflects a deeper integration between global automotive giants and China’s industrial base, even as European policymakers attempt to reduce exposure to......

Wingtech seeks $1.2 billion in damages in new lawsuit against Nexperia

Chinese technology company Wingtech Technology has filed a new lawsuit seeking approximately $1.2 billion in damages against chipmaker Nexperia and several related entities, escalating a long-running dispute over control of the semiconductor firm. The case, filed through a subsidiary, argues that Wingtech’s control over Nexperia remains......

China restricts rare earth exports to Japan for over four months

China has restricted or significantly delayed exports of heavy rare earth elements and other critical materials to Japan for more than four months, marking one of the most prolonged disruptions in supply between the two countries in recent years. The measures have affected licensing approvals for Japanese companies and created bottlenecks......

DeepSeek founder prioritizes AGI over profits amid funding round

A founding figure of the Chinese artificial intelligence company DeepSeek has told potential investors that long-term research into advanced AI systems takes priority over short-term revenue generation. The company aims to advance toward artificial general intelligence while continuing to release open source models, according to information......

China’s Foreign Minister to chair UN Security Council meeting and visit Canada

China’s Foreign Minister Wang Yi is set to travel to New York to chair a high-level meeting of the United Nations Security Council before continuing his diplomatic tour with an official visit to Canada. According to Chinese authorities, the visit reflects Beijing’s ongoing efforts to strengthen its role in international diplomacy......

Morocco and Indonesia expand halal trade recognition framework

Morocco and Indonesia have formalized a bilateral agreement to mutually recognize halal certification systems, a move designed to ease trade flows and expand access for Moroccan exporters to one of the world’s largest halal consumer markets. The agreement focuses on aligning certification standards to reduce technical barriers that have......

China confirms Boeing aircraft purchase and urges United States to honor tariff truce commitments

China officially confirmed Wednesday that it will purchase 200 Boeing aircraft and reopen its market to American beef, following last week's summit in Beijing between President Donald Trump and Chinese President Xi Jinping. The announcements represent a series of trade agreements emerging from the most significant rapprochement between......

China announces official visit of Pakistan’s prime minister

China has officially announced that Pakistani Prime Minister Shehbaz Sharif will visit the country from May 23 to May 26 as part of ongoing diplomatic discussions between the two longtime allies. According to Chinese officials, the visit will focus on strengthening bilateral cooperation in areas including trade, regional security, economic......

Nvidia concedes Chinese AI chip market as Huawei gains dominance

Nvidia chief executive Jensen Huang said the company has effectively surrendered the Chinese artificial intelligence chip market to Huawei as US export controls continue to prevent major sales of advanced processors to Chinese firms. The remarks came as Nvidia reported record first quarter revenue of $81.6 billion for fiscal year 2027, marking......

Three supertankers move six million barrels through Hormuz

Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian markets and signals a partial revival of......

Alibaba launches powerful AI chip to challenge Nvidia dominance in China

Alibaba has introduced its most advanced artificial intelligence chip to date alongside a new large language model, signaling a stronger push to reduce China’s reliance on foreign semiconductor technology. The announcement took place at the company’s annual cloud summit in Hangzhou, where the group outlined a broader strategy to......

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