U.S. and global oil and gas prices surged higher Monday as concerns grew that attacks by Israel and the U.S. on Iran could spiral into a broader war and disrupt global energy supplies. The U.S. and Israel launched strikes on Iran on Saturday that killed Supreme Leader Ayatollah Ali Khamenei and dozens of other senior government officials while talks between Washington and Tehran over the Islamic Republic’s nuclear program were reported to be ongoing. European benchmark Brent crude oil surged by as much as 13% in early trade on Monday,…
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The National People’s Congress (NPC), China’s national legislature, held a press conference on Wednesday at the Great Hall of the People in Beijing, capital of China, one day ahead of the opening of its annual session. Lou Qinjian, spokesperson for the fourth session of the 14th NPC, briefed the press on the session. In response to a question regarding successive visits to China by many European politicians and leaders of EU institutions, leading to views that Europe is turning toward China and that Europe is facing competition and challenges from…
The National People’s Congress (NPC), China’s national legislature, held a press conference on Wednesday at the Great Hall of the People in Beijing, capital of China, one day ahead of the opening of its annual session. Lou Qinjian, spokesperson for the fourth session of the 14th NPC, briefed the press on the session. A reporter said at the press conference that over the past year, China has engaged in frequent high-level exchanges with neighboring countries, and regional cooperation has shown positive momentum. However, the difficulties and setbacks in China-Japan relations…
The European Union is urging a “diplomatic solution” on Iran as top EU diplomats are set to meet with the director of US President Donald Trump’s newly-created Board of Peace, and Trump continues to threaten strikes on Iran. “We don’t need another war in this region. We already have a lot,” EU foreign policy chief Kaja Kallas said Monday. “It is true that Iran is at its weakest point that they have been. We should be really using this time to find a diplomatic solution.” Working with the Board of…
Wielding a golden gavel and a playlist featuring the Beach Boys, Donald Trump ushered in a new era of international humiliation at the inaugural meeting of the U.S.-led Board of Peace. The new body, while established by Trump, has been tasked by a UN Security Council resolution to administer Gaza’s reconstruction efforts. But Trump has also suggested his ambitions for the board go far beyond Gaza, saying it would “almost be looking over the United Nations and making sure it runs properly.” Trump has demanded that world leaders pony up…
Japanese companies will finance investments valued at $36 billion in energy and minerals projects in Ohio, Texas and Georgia as part of a trade agreement that will cut U.S. tariffs on Japanese imports to 15%, according to the Trump administration. The announcement is part of Japan’s 2025 agreement to invest $550 billion over the next four years at the direction of the U.S., with the funds aimed at rebuilding and expanding core American industries. In October, the Trump administration provided details on Japanese investments of up to $332 billion to…
Japanese Prime Minister Sanae Takaichi and her ruling Liberal Democratic Party (LDP) got a historic landslide victory in last week’s parliamentary elections. This marks the first time since its founding in 1955 that the conservative LDP controls a two-thirds supermajority in the lower house. If necessary, Takaichi’s cabinet could also overrule any opposition in the upper house of the Diet (Japan’s parliament), where her coalition still lacks a majority. Given this, Takaichi now has a massive mandate to push her agenda. This includes boosting defence spending, strengthening the military and…
Dear reader, as you read this, the curtain is rising on the most significant and heartwarming moment of the year for countless Chinese families. Wanderers have returned to their nests, and lights are glowing in millions of homes. The opening act of this grand festival is, and always will be, the Nianyefan – the Chinese New Year’s Eve reunion dinner. It is more than just a carnival for the taste buds; it is a totem of emotion and belonging. However, if we zoom out and look at the rising steam…
The total box office for the 2026 Chinese New Year film season (including pre-sales) has surpassed 1 billion yuan ($144.7 million) on Tuesday, the first day of the Chinese New Year, with Pegasus 3 temporarily ranking first on the holiday box office chart, followed by Scare Out and Boonie Bears: The Hidden Protector, according to CCTV News on Tuesday. The lineup for the 2026 Chinese New Year features a diverse mix of genres and themes, including comedy, action, animation, and science fiction. Currently, Pegasus 3 leads with over 400 million…
The dazzling performances by humanoid robots at China’s 2026 Spring Festival Gala made headlines on multiple overseas media outlets, and their video clips flooded social media platforms within hours. Reuters noted that the four companies showcasing their products at the Gala demonstrated the China’s cutting-edge industrial policy and push to dominate humanoid robots and the future of manufacturing. The report also mentioned that Elon Musk said he expects his biggest competitor to be Chinese companies as he pivots Tesla toward a focus on embodied AI and its flagship humanoid Optimus. …