Business

J.P. Morgan warns that escalating Middle East tensions and supply disruptions could push oil prices above $150 per barrel, highlighting the vulnerability of key oil-producing nations and the Strait of Hormuz.

Tesla's China-made electric vehicle sales experienced an 8.7% year-over-year increase in March, marking the fifth consecutive month of growth and highlighting the company's resilience in a competitive market.

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

Global companies, including Visma, are delaying IPOs due to Middle East conflict and market volatility, impacting various sectors and startups worldwide.

US lawmakers, led by Senator Bernie Moreno, are pushing for a comprehensive ban on Chinese autos and auto parts, citing national security and fair competition concerns. The proposed legislation aims to extend restrictions beyond imports to include technology and software, drawing mixed reactions globally.

Starbucks finalizes a major deal with Boyu Capital, transferring control of its China operations and setting sights on expanding its store count to 20,000 locations.

Meta has launched Facebook Creator Fast Track, a three-month program offering guaranteed monthly payouts to eligible creators from rival platforms, as Facebook pushes to rebuild momentum in short-form video and subscriptions.

QatarEnergy and ExxonMobil's Golden Pass LNG facility in Texas begins production, boosting U.S. exports amid global energy supply concerns.

The Dubai oil benchmark faces unprecedented stress as the Iran conflict halts Strait of Hormuz exports, driving prices to record highs and forcing market participants to seek alternatives.

China's new home prices rose slightly in March, driven by seasonal demand in big cities, but the broader property market slump continues amid developer debt issues and weak buyer confidence.

China's venture capital funding is set to hit a record in Q1 2026, driven by a significant state-led push into AI, robotics, and other key technologies.

Chinese chipmakers are gaining ground, now nearing half of the local market, as Nvidia loses its dominant position. Government support, supply chain resilience, and import restrictions drive this transformation in China's semiconductor industry.

The U.S. International Trade Commission (ITC) has launched an investigation into SK Hynix over a patent dispute concerning its high bandwidth memory (HBM) technology, raising concerns for Korean chipmakers.

OPEC's oil production saw a significant drop in March due to war-related export cuts, with Iraq and Nigeria being major contributors to the decline, according to a Reuters survey.