31 h. ago ‘Act of defiance’: China’s crude oil imports from Russia rise despite US pressure

Russia remained China’s top crude oil supplier in September, at a time when the United States is stepping up pressure on major economies to curb their reliance on energy from the Eurasian country. Imports from Russia rose 4.3 per cent in volume from August to 8.29 million tonnes in September, accounting for 17.5 per cent of China’s total crude imports, customs data showed – a sign of Beijing’s willingness to maintain trade links with Moscow despite geopolitical frictions. Chinese purchases of US...

Events

36 h. ago China is soaking up oil imports, and the US and Russia are reasons why

China is soaking up oil imports, and the US and Russia are reasons why  thenationalnews.com

Politics

41 h. ago End Russian oil imports or ‘massive’ tariffs will remain, Trump warns India

US President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India would stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did not do so. “I spoke with Prime Minister Modi of India, and he said he’s not going to be doing the Russian oil thing,” Trump told reporters aboard Air Force One. Asked about India’s assertion that it was not aware of any conversation between Modi and Trump, Trump replied: “But if they...

Events

4 d. ago China’s Canadian oil imports hit record as Beijing shuns US crude

China’s Canadian oil imports hit record as Beijing shuns US crude  investingLive

Events

5 d. ago US, UK ramp up pressure on India, China to cut Russian oil imports

US, UK ramp up pressure on India, China to cut Russian oil imports  Reuters

Events

5 d. ago Want to avoid meeting a bear in Japan? There’s an AI tool for that

Researchers at a Japanese university have developed a system that uses artificial intelligence to determine the possibility of encountering a bear within 1 sq km (0.4 square miles), a critical new tool as the number of people killed or injured by bears is expected to hit a record high. Lead developer Yusuke Fukazawa is an associate professor of applied machine learning at Sophia University who enjoys orienteering and hiking and hopes his studies will help to create an application that makes such...

Politics

6 d. ago Carbon dioxide levels hit record last year, causing more extreme weather

Heat-trapping carbon dioxide levels in the atmosphere jumped by the highest amount on record last year, soaring to a level not seen in human civilisation and “turbocharging” the Earth’s climate and causing more extreme weather, the United Nations weather agency said Wednesday. The World Meteorological Organization said in its latest bulletin on greenhouse gases, an annual study released ahead of the UN’s annual climate conference, that carbon dioxide growth rates have now tripled since the...

Events

6 d. ago 500% tariffs on China soon? Bessent says 85 US senators ready to give Trump authority over Beijing's Russian oil imports

500% tariffs on China soon? Bessent says 85 US senators ready to give Trump authority over Beijing's Russian oil imports  Mint

Politics

6 d. ago E&E News: Trump takes aim at cooking oil imports from China as soybean sales sink

E&E News: Trump takes aim at cooking oil imports from China as soybean sales sink  POLITICO Pro

Politics

6 d. ago Bunge Soars After Trump Targets Cooking Oil Imports From China

Bunge Soars After Trump Targets Cooking Oil Imports From China  The Wall Street Journal

Politics

6 d. ago Trump’s cooking oil embargo threat, ‘red gift bag’ arrest: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump threatens China with cooking oil embargo over soybean snub US President Donald Trump on Tuesday called China “economically hostile” for not buying American soybeans and threatened to halt imports of cooking oil and other products from the country in retaliation. 2. ‘Red gift bag’: US national security expert arrested over classified documents Ashley...

Events

6 d. ago Global monthly EV sales hit record 2.1 million, with 62% Chinese

Global electric vehicle (EV) sales hit a record last month, buoyed by Chinese consumers’ growing interest in new models and the rising popularity of battery-powered cars in Europe. Worldwide September deliveries of pure-electric cars and plug-in hybrids jumped 24 per cent from a year earlier to 2.1 million units – breaking 2 million for the first time and topping the previous record of 1.9 million in December, according to London-based consultancy Rho Motion. The figure represented 20 per cent...

Economics

6 d. ago China’s EV giants head overseas, Tesla Shanghai plant boosts output: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Tesla’s Shanghai factory deliveries hit record as Model Y variant woos buyers Tesla’s Shanghai Gigafactory saw a jump in deliveries last month, as its upgraded models struck a chord with wealthy Chinese consumers who favour spacious vehicles. 2. As China’s EV boom makes the EU anxious,...

Politics

6 d. ago Stock market today: S&P 500 drops as Trump warns China of cooking oil import ban

Stock market today: S&P 500 drops as Trump warns China of cooking oil import ban  Investing.com

Events

8 d. ago China’s Soy Imports Hit September Record, Despite Avoiding US

China’s Soy Imports Hit September Record, Despite Avoiding US  Bloomberg.com

Events

8 d. ago China's September oil imports rise 3.9% on year, drop 4.5% from August

China's September oil imports rise 3.9% on year, drop 4.5% from August  Reuters

Politics

1 week ago Trump’s latest tariffs trigger over US$6 billion in cryptocurrency liquidations

Cryptocurrency market traders have been hit by record liquidations just days after bitcoin hit a fresh all-time high, with volatility triggered in large part by the latest round of tariffs from US President Donald Trump. Crypto prices tumbled on Friday after Trump said he would impose an additional 100 per cent tariff on China and export controls on software. The declines precipitated – and then were made worse by – what data tracker Coinglass described as “the largest liquidation event in...

Economics

1 week ago Trump’s latest tariffs trigger record cryptocurrency liquidations

Cryptocurrency market traders have been hit by record liquidations just days after bitcoin hit a fresh all-time high, with volatility triggered in large part by the latest round of tariffs from US President Donald Trump. Crypto prices tumbled on Friday after Trump said he would impose an additional 100 per cent tariff on China and export controls on software. The declines precipitated – and then were made worse by – what data tracker Coinglass described as “the largest liquidation event in...

Politics

1 week ago Tesla’s Shanghai factory deliveries hit record as Model Y variant woos buyers

Tesla’s Shanghai Gigafactory saw a jump in deliveries last month, as its upgraded models struck a chord with wealthy Chinese consumers who favour spacious vehicles. The assembly line - based in the Lingang free-trade zone, a coastal area linked to the Yangshan Deep-water Port - delivered a total of 90,812 vehicles to customers in September, a record high this year, up 2.8 per cent from the same period in 2024, according to data from the China Passenger Car Association (CPCA). Compared to its...

Events

1 week ago Trump threatens to halt Chinese imports – but counts on Xi to buy US soybeans

With Beijing curbing rare earth exports and shunning American soybeans, US President Donald Trump is raising pressure on China ahead of a planned meeting with Xi Jinping, threatening to halt imports while vowing to reopen its market to US farmers. During a cabinet meeting on Thursday, when asked what he hoped to achieve from potential in-person talks with Xi later this month, the America-first president emphasised the US market’s leverage over China. “We import from China massive amounts, and...

Politics