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Alibaba’s most important AI number is not Qwen’s 700mn downloads. It is the 57 per cent increase in adjusted EBITA reported by its cloud division alongside a 38…

Two tankers carrying Saudi crude turned north in the Red Sea after the Houthi warning, while a third vessel heading empty toward Yanbu also reversed. None had r…

A 6 per cent production loss should have defined ExxonMobil’s first quarter. Half of the outages came from a Qatari LNG complex in which Exxon is a partner, and…

Foreign carmakers’ combined share of China’s passenger-vehicle market has fallen from 60.8% in 2019 to 34.8% in 2025, yet Chinese luxury new-energy vehicle sale…

TSMC’s first Arizona fab has been in high-volume production since the fourth quarter of 2024; its second is complete, with output expected in the second half of…

China exported more than 1mn cars in June for the first time. At home, vehicle sales fell by more than 16%. That divergence matters more than the record shipmen…

Nvidia’s new Asian customer gate has produced a concrete commercial result before a regulatory one: more than half of the company’s previous buyers failed the f…

The Treasury has already paid the price of the administration’s first tariff regime; it has not yet collected the benefit of the second. Refunds reached US$49.2…

Frontline had already locked in second-quarter VLCC rates of $181,700 a day before the latest attacks near the Strait of Hormuz. At the same time, it was sellin…

Iran’s Hormuz pressure has a price. It does not yet have a payoff. The clearest measure of Iran’s influence over the Strait of Hormuz is not a concession from …