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U.S. Vice President Vance: It has been nearly two months since President Trump formally established the Anti-Fraud Task Force. We have uncovered hundreds of billions of dollars in defrauded taxpayer funds, prosecuted dozens of fraudsters, and blocked

2026-05-14

U.S. Vice President Vance: It has been nearly two months since President Trump formally established the Anti-Fraud Task Force. We have uncovered hundreds of billions of dollars in defrauded taxpayer funds, prosecuted dozens of fraudsters, and blocked billions of dollars in suspicious payments. And this is just the beginning.

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2026-05-14

CHINEXT INDEX DOWN OVER 1%

CHINEXT INDEX DOWN OVER 1%
2026-05-14

China’s gasoline demand is expected to fall further this year as higher oil prices from the Iran conflict and a long-term shift toward electrification reduce consumption. GL Consulting forecasts a 5.5% decline, revised from 5.2%, marking the second-l

China’s gasoline demand is expected to fall further this year as higher oil prices from the Iran conflict and a long-term shift toward electrification reduce consumption. GL Consulting forecasts a 5.5% decline, revised from 5.2%, marking the second-largest contraction on record after 2022 Covid lockdowns. The International Energy Agency also expects demand to slow sharply this quarter. Rising fuel prices, near record highs in April, have curbed driving despite government caps. Analysts said inflation pressures and growing transport alternatives are further weakening gasoline and diesel demand in China.
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