Chinese carmaker Chery is cautiously entering Japan's auto market through a Singapore-based joint venture, planning to launch an electric 'kei' microcar in 2027. This move targets Japan's unique market dominated by domestic giants and characterized by narrow streets and limited parking. Chery holds a 27% stake in the venture, which aims to offer affordable EVs comparable to popular gas-powered kei cars. The initiative reflects Chery's strategy to expand overseas amid China's slowing auto market and Japan's growing interest in EVs, despite its traditionally low foreign car presence.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
