3 d. ago Huawei reclaims top spot over Apple in China smartphone market after chip breakthrough

Huawei Technologies edged out Apple to reclaim the No 1 spot in mainland China’s smartphone market in 2025, a new report showed, as the domestic handset maker overcame crippling US sanctions. For the full year, Huawei captured 16.4 per cent of China’s smartphone market with 46.7 million units shipped, narrowly beating Apple, which shipped 46.2 million iPhones for a 16.2 per cent share, research firm International Data Corporation (IDC) said on Wednesday. Huawei’s smartphone shipments fell 1.9...

Politics

5 d. ago 2 supertankers sailing to pick up Venezuelan oil for China make U

Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the US oil embargo on the Opec country have made U-turns and are now heading back to Asia, LSEG shipping data showed on Monday. Following the US announcement last week of a US$2 billion deal to export up to 50 million barrels of Venezuelan oil stuck in storage, US President Donald Trump said China would not be deprived of Venezuela’s crude. But the Asian country, the first market of the...

Events

6 d. ago Cuba defiant after Trump says island to receive no more Venezuelan oil or money

US President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping up pressure on the long-time US nemesis. Venezuela is Cuba’s biggest oil supplier, but no cargoes have departed from Venezuelan ports to the Caribbean country since the capture of Venezuelan President Nicolas Maduro by US forces in early January amid a strict US oil blockade on the Opec country, shipping data shows. “THERE...

Politics

8 d. ago Chinese firms outpace US rivals in 2025 humanoid robot shipments, as AgiBot takes lead

Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Musk’s Tesla. According to data released on Thursday by Omdia, AgiBot shipped 5,168 humanoid robots last year to lead five other Chinese companies in the research firm’s top 10 list. Unitree Robotics, headquartered in Hangzhou, ranked second with 4,200 humanoids shipped last year, which accounted for...

Politics

1 week ago Chevron continues to ship Venezuelan oil, but loading on hold for Chinese buyers, shipping data shows

Chevron continues to ship Venezuelan oil, but loading on hold for Chinese buyers, shipping data shows  Reuters

Politics

3 w. ago Why India to Europe trade corridor is stalling even as talks continue

Discussions on the India–Middle East–Europe Economic Corridor (IMEC) are being revived by some of its founders even as questions persist over the political will to implement the ambitious project, with analysts saying the Gaza situation is a key hurdle in hampering progress. Unveiled in 2023, IMEC is positioned as a single economic artery connecting South Asia, the Middle East and Europe through shipping lanes, railways, energy pipelines and high-speed data cables running via the Gulf. Planners...

Politics