Unitree launches $8,200 humanoid robot globally via AliExpress

Unitree Robotics has begun selling its humanoid robot R1 internationally through AliExpress, offering the full model at about 8,150 dollars including import costs, with free shipping to the United States. A lighter version, the R1 AIR, is priced around 6,800 dollars. Deliveries are expected to start near the end of June, marking one of the......

China aluminum exports set to surge amid Gulf supply disruption

Global buyers are turning to China for aluminum as supply disruptions linked to the war in Iran tighten markets in the Gulf. Analysts cited by Bloomberg expect Chinese exports to rise sharply in the coming months as production outages in the region, which accounts for about 9 percent of global aluminum output, drive prices higher and widen......

China green tech exports surge as oil shock boosts EV demand

Rising fuel prices linked to the war in Iran are accelerating a global shift toward electric vehicles, driving a sharp increase in exports of clean technologies from China. Analysts say the surge in oil costs is pushing consumers across Asia and other regions to adopt electric mobility faster than expected, positioning China’s EV, battery,......

Victory Giant’s $2.2 billion Hong Kong listing expected to price at top of range amid strong demand

China-based Victory Giant Technology is expected to price its Hong Kong initial public offering at the top of its indicated range, reflecting strong investor demand despite global market volatility. The company plans to sell shares at HK$209.88 each, aiming to raise approximately HK$17.5 billion (about $2.2 billion). According to sources......

Iran war accelerates global shift toward China-led energy future

The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from the United States and closer to China.......

ASML to stop reporting bookings ahead of closely watched earnings

ASML is set to report its first quarter 2026 results on April 15, with investors focusing on both financial performance and a major change in disclosure policy. The company said it expects quarterly revenue between 8.2 and 8.9 billion euros, with gross margins of 51 to 53 percent. Analysts estimate revenue around 10.2 billion dollars, up more......

Alibaba’s Qwen3.6 Plus tops AI benchmark as rivals dispute results

Models from Alibaba have posted strong results on the MMLU-Pro benchmark, with Qwen3.6 Plus claiming the top spot on at least one major ranking. However, independently verified evaluations suggest a more contested picture of leadership in language understanding, highlighting ongoing disputes over how to measure AI performance. According to......

Oil supply shock drives global shift as China boosts clean tech exports

The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s largest oil customer, China is positioned......

China eases BHP iron ore curbs after months long trade dispute

China has lifted restrictions on some iron ore purchases from BHP, signaling a shift in a trade dispute that had disrupted global supply chains for months and unsettled commodity markets. A state-backed buyer, China Mineral Resources Group, informed steel producers they could resume bidding on selected BHP cargoes priced in US dollars starting......

China evergrande founder falls from power to fraud guilty plea

The former chairman of China Evergrande Group, Hui Ka Yan, has admitted guilt in a major fraud case, marking a dramatic fall from one of the most powerful figures in China’s property sector to a central figure in its largest corporate collapse. Once celebrated as the founder of a real estate empire built in the 1990s, Hui rose to prominence......

Gold holds near $4,730 as Heraeus flags downside risks

Gold prices are stabilizing near $4,730 per ounce, but analysts at Heraeus warn that the market may face further consolidation or declines before any sustained rally resumes. In its latest Precious Appraisal report dated March 30, Heraeus said short-term momentum remains bearish for both gold and silver. The firm pointed to the emergence......

Chinese AI solves decade-old math conjecture in 80 hours

A research team at Peking University has developed an artificial intelligence system capable of solving and formally verifying a long-standing mathematical conjecture without human input, completing the task in roughly 80 hours. The system addressed the Anderson conjecture, a problem in commutative algebra introduced in 2014 by Dan Anderson.......

Xi calls for respect of sovereignty and international law in the Middle East

Chinese President Xi Jinping has called for greater respect for national sovereignty and international law in the Middle East, amid ongoing regional tensions and diplomatic challenges. Speaking during a meeting in Beijing with Khaled bin Mohammed bin Zayed Al Nahyan, the Crown Prince of United Arab Emirates, Xi stressed the importance of......

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