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A-share pumped storage sector fluctuated and declined, with Changlan Technology falling more than 6%, Hanlan Cable, Shunna Shares, and Baili Electric falling more than 5%, and Jiuzhou Group and Baobian Electric following suit.

2026-08-06

A-share pumped storage sector fluctuated and declined, with Changlan Technology falling more than 6%, Hanlan Cable, Shunna Shares, and Baili Electric falling more than 5%, and Jiuzhou Group and Baobian Electric following suit.

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2026-08-06

YoleGroup forecasts xEV production will grow at a double-digit CAGR from 2025–31 and account for roughly 70% of overall light-vehicle output by 2031, with BEVs reaching about 33 million units. Electrification will push demand for traction/power semic

YoleGroup forecasts xEV production will grow at a double-digit CAGR from 2025–31 and account for roughly 70% of overall light-vehicle output by 2031, with BEVs reaching about 33 million units. Electrification will push demand for traction/power semiconductors to an estimated $14.5bn by 2031, a 14% CAGR and more than double the 2025 level.
2026-08-06

According to Iran's Fars News Agency, a source from the Iranian negotiating team stated that, contrary to some speculation and media reports, the US Treasury Department's lifting of a few sanctions against Iran is related to interactions between the

According to Iran's Fars News Agency, a source from the Iranian negotiating team stated that, contrary to some speculation and media reports, the US Treasury Department's lifting of a few sanctions against Iran is related to interactions between the Iraqi government and Washington, and is unrelated to the memorandum of understanding between Iran and the United States. (Note: The US Treasury Department previously lifted sanctions related to Baghdad Airlines, which was sanctioned for alleged links to the Quds Force of Iran's Islamic Revolutionary Guard Corps.)
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