live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
Sales of electric and hybrid vehicles in China saw a strong year-on-year growth in May, boosted by government-backed trade-in programs designed to stimulate domestic consumption.
Sales of New Energy Vehicles (NEVs) - including rechargeable battery electric cars, hybrids, and fuel cell vehicles - rose by 28.2% in May 2025 compared to the same month last year, according to new data released by the China Passenger Car Association (CPCA) on Tuesday.
A total of 1.02 million NEVs were sold in the domestic market in May, underscoring growing consumer demand amid supportive government policies. Meanwhile, production figures reached 1.17 million units, with the bulk of these vehicles destined for domestic buyers.
Overall passenger car sales in China rose by 13.3% year-on-year to 1.93 million in May. The surge is largely attributed to robust trade-in incentive programs backed by both central and local governments.
According to the Chinese Ministry of Commerce, 4.12 million new vehicles were sold under trade-in schemes during the first five months of the year. The initiatives are part of Beijing’s broader efforts to boost domestic consumption and accelerate the transition to greener mobility.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
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