Tesla sets South Korea record as first import brand to surpass 10,000 monthly sales

Tesla registered 11,134 vehicles in South Korea in March, a 330% increase compared to the same month last year, according to data from market research firm Carisyou cited by Reuters. The result makes Tesla the first imported automotive brand ever to exceed 10,000 monthly sales in the country, a milestone confirmed by the Korea Automobile Importers......

Record global debt leaves governments powerless against the oil crisis, warns Sharma

Ruchir Sharma, chairman of Rockefeller International, warned this weekend that the world has never entered a crisis carrying such a heavy debt burden, leaving the United States, despite being the world's largest oil producer, particularly exposed to the energy shock triggered by the Iran war. In a column published Sunday in the Financial......

Taiwan opposition leader visits China amid rising tensions

Taiwan opposition leader Cheng Li-wun arrived in China on Tuesday, describing her visit as a “mission of peace” at a time of heightened tensions between Beijing and the self-governed island. Cheng, chairwoman of the Kuomintang (KMT), Taiwan’s largest opposition party, is expected to remain in China until Sunday. During her......

Chinese scientist reveals military uses of space solar power project

A senior Chinese scientist involved in Beijing's ambitious space-based solar energy program has published a paper detailing how the technology could be adapted for military operations, including surveillance, electronic warfare, and communications control, offering a rare public acknowledgment of the dual-use potential of one of China's......

China turns Middle East war energy crisis into EV and LNG windfall

The war in the Middle East has upended global energy markets, but for China the disruption is proving to be an accelerant. As oil-importing nations grapple with crude prices above $110 a barrel and scramble for alternatives to volatile fossil fuel supplies, Chinese electric vehicles, solar panels, and surplus natural gas are filling the gap,......

China bans Jack Dorsey's Bitchat messaging app from the App Store over censorship concerns

Apple removed Jack Dorsey's decentralized messaging application Bitchat from the Chinese App Store in February 2026 following a formal request from China's Cyberspace Administration of China, as Dorsey confirmed Sunday in a post on X. The ban targets the app's ability to operate entirely without internet access or national telecommunications......

Xi calls for faster development of China’s new energy system amid global tensions

Chinese President Xi Jinping has called for accelerating the development of a new energy system to strengthen the country’s energy security, as global markets face uncertainty linked to ongoing tensions in the Middle East. Speaking in Beijing, Xi emphasized the need for a diversified and resilient energy strategy, highlighting the importance......

China signals cooperation with Russia to reduce tensions in the Middle East

China has expressed its readiness to work closely with Russia in an effort to ease rising tensions in the Middle East, according to recent diplomatic statements. The announcement followed a conversation between Wang Yi and Sergei Lavrov, highlighting a shared interest in promoting stability in the region. Beijing emphasized the importance......

UBS holds $5,600 gold target and calls 17% pullback a buying opportunity

UBS is telling investors that gold's sharp retreat from its record high represents a buying opportunity rather than a trend reversal, maintaining a year-end price target of $5,600 per ounce even as the metal trades near the bank's own bear-case scenario. Gold has fallen more than 17% from its all-time high of nearly $5,595 reached......

AI-powered cyberattacks reach a "pivotal moment," experts warn

The cybersecurity world is confronting a new reality: artificial intelligence has crossed a threshold that fundamentally shifts the balance between attackers and defenders. That warning emerged with force over the past two weeks, driven by a leaked Anthropic document, new data from Microsoft, and alarm signals sounded at the RSA Conference......

Wedbush holds $600 Tesla target despite disappointing Q1 deliveries

Wedbush analyst Dan Ives reaffirmed his Outperform rating and $600 price target for Tesla on Thursday, looking past disappointing first-quarter deliveries to focus on the company's pivot toward autonomous driving, robotaxis, and robotics. "While the delivery numbers were quite disappointing, this was not a surprise to us given the......

China's Tianlong-3 rocket fails on maiden flight

China's most powerful privately developed rocket, the Tianlong-3, failed on its maiden flight Friday after suffering an in-flight anomaly, dealing a setback to the country's ambitions to rapidly deploy satellite megaconstellations capable of rivaling SpaceX's Starlink network. The Tianlong-3, built by Beijing-based startup Space......

Canadian finance minister emphasizes supply chain integrity in China meeting

Canada’s Finance Minister François-Philippe Champagne met with Chinese officials on Friday to discuss trade and financial cooperation, highlighting the importance of supply chain integrity. The discussions focused on the financial services sector, as well as trade in energy and pork, with the goal of increasing Canada’s......

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