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2026-05-06

Satellite imagery shows only two oil tankers near the port of Fujairah in the UAE, with just one very large crude carrier (VLCC) anchored at the port berth. Under these circumstances, the UAE's crude oil exports are expected to decline again.

Satellite imagery shows only two oil tankers near the port of Fujairah in the UAE, with just one very large crude carrier (VLCC) anchored at the port berth. Under these circumstances, the UAE's crude oil exports are expected to decline again.
2026-05-06

Spot gold touched $4,660 per ounce, up 2.28% on the day.

Spot gold touched $4,660 per ounce, up 2.28% on the day.
2026-05-06

China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though

China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though the lineup is not finalized. Founder Liang Wenfeng, who controls about 89.5% of the company, may also invest personally, and while the initial goal was a smaller raise to support employee retention via stock options, the higher valuation could lead to a larger funding round to expand computing capacity.
2026-05-06

The main Shanghai gold futures contract rose 2.00% intraday, currently trading at 1025.74 yuan/gram.

The main Shanghai gold futures contract rose 2.00% intraday, currently trading at 1025.74 yuan/gram.
2026-05-06

The A-share power grid equipment sector saw a volatile afternoon rally, with Zhongheng Electric hitting the daily limit, Kelin Electric touching the daily limit, and Anke Smart Power rising over 10%. Sifang Electric, Siyuan Electric, Shuangjie Electr

The A-share power grid equipment sector saw a volatile afternoon rally, with Zhongheng Electric hitting the daily limit, Kelin Electric touching the daily limit, and Anke Smart Power rising over 10%. Sifang Electric, Siyuan Electric, Shuangjie Electric, and Shunna also rose.
2026-05-06

According to the Financial Times, Deepseek is valued at nearly $45 billion.

According to the Financial Times, Deepseek is valued at nearly $45 billion.
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