US Vice-President J.D. Vance will travel to Islamabad for the first round of talks on Saturday morning local time with Iran to end the war in the Middle East, according to the White House. The US Secret Service has already arrived in the Pakistani capital to make security arrangements ahead of his visit. The American delegation is expected to arrive in Islamabad on Friday local time, with negotiat...
US Vice-President J.D. Vance will travel to Islamabad for the first round of talks on Saturday morning local time with Iran to end the war in the Middle East, according to the White House. The US Secret Service has already arrived in the Pakistani capital to make security arrangements ahead of his visit. The American delegation is expected to arrive in Islamabad on Friday local time, with negotiations likely to last for one day over the weekend. Vance – who concluded a visit to Budapest on...
Alibaba Cloud captured more than 50 per cent of global open-source model downloads as of March following the release of its Qwen 3.5 model series, a new report has found. The finding underscores the dominance of Chinese models in the global open-source artificial intelligence landscape, though some US companies including OpenAI and Nvidia are also making early gains. Qwen reached nearly 1 billion ...
Alibaba Cloud captured more than 50 per cent of global open-source model downloads as of March following the release of its Qwen 3.5 model series, a new report has found. The finding underscores the dominance of Chinese models in the global open-source artificial intelligence landscape, though some US companies including OpenAI and Nvidia are also making early gains. Qwen reached nearly 1 billion cumulative downloads by March, far surpassing rivals like Meta Platforms’ Llama and DeepSeek,...
Lanre Bakare on the UK government’s decision to revoke Kanye West’s visa after Wireless festival booked him as a headliner When Kanye West was announced as the headliner for Wireless festival in London this summer, the backlash was immediate. “He’d been on a campaign of four or five years of antisemitic trolling,” Lanre Bakare , the Guardian’s arts and culture correspondent, tells Nosheen Iqbal . ...
Lanre Bakare on the UK government’s decision to revoke Kanye West’s visa after Wireless festival booked him as a headliner When Kanye West was announced as the headliner for Wireless festival in London this summer, the backlash was immediate. “He’d been on a campaign of four or five years of antisemitic trolling,” Lanre Bakare , the Guardian’s arts and culture correspondent, tells Nosheen Iqbal . “Embracing neo-Nazi imagery, pushing out far-right conspiracy theories about Jewish people.” Continue reading...
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The Caixin Must-Read newsletter brings you the best of our coverage from the past week. If you find it valuable, please share it and invite others to subscribe . Get group discounts with a tailored institutional Caixin subscription. Enjoy unlimited access to Caixin’s news website and app, plus premium benefits like event invites, custom services and dedicated support. # Cover Story # Cover Story: Energy Shockwaves From U.S.-Iran War Hit Global Economy
In this article @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT HUAIAN, CHINA - MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China's factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices as the Iran...
In this article @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT HUAIAN, CHINA - MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China's factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices as the Iran war upended global energy markets. The consumer price index climbed 1% in March from a year earlier, missing economists' forecast for a 1.2% growth in a Reuters poll and slowing from a 1.3% rise in February, according to data released by the National Bureau of Statistics on Friday. Producer prices climbed 0.5% from a year earlier, the first growth since September 2022, ending their longest deflationary streak in decades. The war between the U.S. and Iran, now in its sixth week, has pushed oil prices sharply after Tehran effectively closed the Strait of Hormuz to most commercial tankers and major Middle East producers curbed oil production. The international benchmark Brent June contract was at $96.7 a barrel on Friday, after a 33% rally since the war began on Feb 28. U.S. WTI crude futures for May delivery were at $98.5 per barrel, up 47% compared to pre-war levels. China, the world's largest oil importer, faces possible inflationary spillovers, though its massive strategic stockpiling onshore and diversified sources of energy provided some cushion to the economy. "China fares better than its peers amid a sizable yet not extreme oil shock, given its energy fungibility and policy flexibility with low starting inflation," said Robin Xing, chief China economist at Morgan Stanley, estimating the country's PPI to rise 1.2% in 2026, CPI 0.8%. The Wall Street bank cuts its forecast for China's GDP growth this year by 10 basis points to 4.7%, on the premise that oil averages $110 a barrel in the second quarter before receding. Should the Mideast conflict continue to deteriorate, p...
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China’s crowded AI video contest.The Beijing-based startup also drew backing from Baidu Ventures and Luminous Ventures, it said in a statement without disclosing its valuation. The capital injection comes just two mon...
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China’s crowded AI video contest.The Beijing-based startup also drew backing from Baidu Ventures and Luminous Ventures, it said in a statement without disclosing its valuation. The capital injection comes just two months after the maker of the Vidu video generator raised 600 million yuan.Vidu is in a capital-intensi