Top Russian Economist Fired After Criticizing War Impact

Andrey Klepach, chief economist at Russia's state development bank VEB, was dismissed after making critical comments…

China Curtails 360 TWh of Renewable Energy in H1 2026

China curtailed 360 terawatt-hours (TWh) of solar and wind power from January to June 2026. This…

US Urges Allies to Choose Between AI Frameworks This Week

The United States plans to inform many countries that they must choose between its Pax Silica…

Foreign Capital Invests in China’s Fragile Property Market

Foreign capital is starting to come back into China's property sector. This signals a potential recovery…

China New Home Prices Flat in July Amid Weak Demand

China's new home prices were flat in July, ending a four-month recovery as demand weakened. The…

China Crude Oil Imports Rise 22% Amid Economic Concerns

China's crude oil imports rose by 22% in July, reaching an average of 8.45 million barrels…

US-Iran Peace Deal Expires Amid Ongoing Tensions

The June 17 Memorandum of Understanding (MoU) between the United States and Iran expired on Monday.…

Trump Threatens Oman Amid Escalating Iran Tensions

U.S. President Donald Trump threatened to bomb Oman if the Gulf nation obstructs efforts to block…

EU Plans Major Sanctions Against Russia This Autumn

The European Union plans to propose its largest sanctions against Russia in the coming months. Kaja…

CXMT Becomes China’s Most Valuable Firm Amid AI Demand Surge

ChangXin Memory Technologies (CXMT) reached a market value of 4.13 trillion yuan (about $570 billion) on…