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Venezuela rejects Trump's claims to control its oil production

Interim Venezuelan President Delcy Rodríguez sharply dismissed President Donald Trump's assertion that Washington would oversee the country's oil output and revenues, accusing the United States of pursuing "energy greed" amid American forces' seizure of a tanker in the Caribbean. Addressing Venezuela's National......

Venezuela's $10 billion debt to China hinders Trump's oil plans

President Donald Trump's pledge to seize control of Venezuela's oil reserves faces a significant roadblock: China's substantial financial and energy stakes in the South American nation. These interests create a diplomatic minefield as Trump navigates delicate trade relations with Beijing ahead of a planned April visit. China holds......

Volkswagen overtakes Tesla in global EV sales outside China

Volkswagen Group has surpassed Tesla to claim the top spot in worldwide electric vehicle sales excluding China through November 2025, signaling a notable shift in the competitive landscape as the U.S. electric car pioneer grapples with its second straight year of declining deliveries. Data released on January 9 by market research firm SNE......

Asian fuel oil prices surge as Venezuelan crude shifts to US

Fuel oil prices in Asia have spiked to their highest levels in eight months, driven by traders' expectations of a major redirection of Venezuelan heavy crude toward American refineries. The premium on high-sulfur fuel oil (HSFO) 380-cst for the nearest month surged above $27 per barrel on January 9, more than doubling since the start of......

“Welcome Chinese”: Morocco strengthens its appeal to Chinese tourists

Morocco is intensifying its efforts to attract Chinese tourists by adopting the “Welcome Chinese” certification, an international label designed to align local services with the expectations of travelers from China. This strategic initiative aims to enhance Morocco’s position as a top destination for Chinese visitors, one......

Russia confirms US release of two crew from seized tanker

U.S. forces seized the Russian-flagged oil tanker Marinera in the North Atlantic on January 7, detaining 28 crew members including three Indian nationals after weeks of pursuit that heightened tensions with Moscow. The operation involved Navy SEALs delivered by the U.S. Army's 160th Special Operations Aviation Regiment boarding the vessel,......

China’s consumer inflation reaches near three-year high

China’s consumer inflation accelerated in December, reaching its highest level in nearly three years, while the decline in factory-gate prices continued to ease, according to official data released on Friday. The consumer price index (CPI), a key measure of inflation, rose by 0.8 percent year-on-year in December, up from 0.7 percent......

China accuses Japan of secretly pursuing nuclear weapons

China has sharply escalated its diplomatic clash with Japan, releasing a detailed report that charges Tokyo with covert nuclear weapons research and ambitions that undermine the post-World War II global order. The 29-page document, issued by the Chinese Association for Arms Control and Disarmament alongside the Chinese Institute of Nuclear......

Zootopia 2 tops Disney animation box office records

Disney's Zootopia 2 has surpassed Frozen II to become the highest-grossing Walt Disney Animation Studios film ever, reaching $1.59 billion worldwide after six weeks in theaters. The animated sequel earned $19 million over its first 2026 weekend, showing impressive longevity with just a 4% to 4.5% drop from the prior frame despite fewer......

Emerging markets slide amid Trump's tariff threats

Investors pulled back from emerging markets on Thursday, driving down stocks and currencies amid rising geopolitical tensions and fears of steep U.S. tariffs. The MSCI emerging markets index dropped between 0.7% and 0.8%, its sharpest decline since mid-December, as currencies in Thailand, South Korea, and South Africa led losses among developing......

China halts Nvidia H200 orders pending import conditions

Beijing has instructed Chinese tech firms to pause orders for Nvidia's advanced H200 AI chips while regulators finalize import requirements, according to multiple reports this week. The directive coincides with deliberations over mandating purchases of domestic chips alongside each H200 order. This suspension follows President Donald......

Japanese stocks drop amid China's export curbs on dual-use goods

Japanese stock markets tumbled Wednesday as investors grappled with the economic fallout from China's fresh export restrictions on dual-use goods, raising alarms over potential disruptions to vital supply chains in the automotive and electronics sectors. The Nikkei 225 index fell 1.06 percent to 51,961.98, pulling back sharply from the......

Taiwan grounds its F-16 fleet after pilot goes missing

Taiwan has temporarily grounded its fleet of F-16 fighter jets to carry out safety inspections following the disappearance of a pilot whose aircraft is believed to have crashed into the sea, defense authorities said on Thursday. According to the Taiwanese Air Force, the incident occurred during a routine training mission off the eastern coast......

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