China’s Xi invokes ‘threat’ of Taiwan independence in first cross-strait opposition talks in a decade
Xi Jinping hosted Taiwan’s main opposition leader in Beijing for the first time in a decade, ahead of a high-stakes meeting with Trump in May and Taiwan’s presidential election in 2028.
TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
TSMC is benefiting from sustained demand for advanced semiconductors from its key customers like Apple and Nvidia.
Eli Lilly market share drops, Novo Nordisk holds firm as generic weight-loss drugs flood India
Eli Lilly loses share in India’s GLP‑1 market as cheap semaglutide generics surge, while Novo holds steady after deep price cuts to defend Ozempic, Wegovy.
What this real-world oil price says about the level of stress in the energy market
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil market.
Investors are questioning gold’s role in portfolios, says Morgan Stanley — but another metal is set to outperform
Gold’s conventional role as a portfolio risk management tool has been brought into question over a dramatic five-week period for commodity prices
The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
The European Commission and Trump administration are increasingly clashing over the bloc’s actions against U.S. tech companies.
Warsh Fed confirmation plan hits a snag as expected nomination hearing is delayed
A Senate hearing expected to be held in the coming days has been put off.
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
Startup Shengshu plans to use the money for a “general world model,” paving the way for more practical robot applications.
China factory prices return to growth after 3 years, beating expectations on surging oil prices
China faces possible inflationary spillovers, though its massive strategic stockpiling onshore and diversified sources of energy provided some cushion.
Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
U.S. President Donald Trump on Thursday warned Iran to “stop now” if it was charging tankers to transit the Strait of Hormuz.