A ship fires a weapon during drills east of Taiwan, in this screenshot from a video released by the Eastern Theatre Command of China’s People’s Liberation Army (PLA) on Dec. 29, 2025. Eastern Theatre Command | Via Reuters The U.S. Congress continues to have strong support for Taiwan even as it remains a focal point…
Mercedes-Benz vehicles sit parked, on the day U.S. President Donald Trump is set to announce new tariffs, at a dealership in Copiague, New York, U.S., April 2, 2025. Shannon Stapleton | Reuters Mercedes-Benz could find itself shut out of the U.S. auto market — banned from making or selling new vehicles in the country —…
U.S. Secretary of Defense Pete Hegseth takes questions during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia. Chip Somodevilla | Getty Images The U.S. aims to sustain equilibrium in the Asia-Pacific region and is working toward a situation where its allies are more capable, Secretary of War Pete Hegseth said,…
Bent oil posted its biggest monthly loss in six years as traders hoped that the U.S. and Iran are nearing a deal that will reopen the Strait of Hormuz. The international oil benchmark fell more than 19% in May, its worst month since March 2020 when the Covid-19 pandemic closed economies. U.S. West Texas Intermediate…
Two employees in pharmaceutical industry wearing protective gloves, mask, cap and white suit seen standing by the machine that is the part of the medicaments production during the working hours in a pharmaceutical manufacturing. Extreme-photographer | E+ | Getty Images Shares of Innovent Biologics rose 10% after the company entered into a deal with pharmaceutical giant…
Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. Lintao Zhang | Getty Images News | Getty Images BEIJING —…
U.S. President Donald Trump speaks during a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., May 27, 2026. Evan Vucci | Reuters President Donald Trump on Wednesday poured cold water on the prospect of Iran transferring its store of highly enriched uranium to Russia or China as part of…
Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth. Taiwan’s Taiex stock index…
SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. The…
Steam cracker units at the BASF Zhanjiang Verbund site in Zhanjiang, Guangdong province, China, on Thursday, March 26, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber…
