Apple (AAPL.O) has raised subscription prices for Apple Music and Apple One.

At its Global Partners Summit in Changzhou, SVOLT unveiled Fengxing Duandao 3.0, a hybrid solid‑liquid 6C ultra-fast charging cell, and a new high-capacity LFP HEV battery pack covering power, storage and emerging markets. The company said Feidie 4.0 is slated for mass production and delivery within the year.

China's Ministry of Commerce said that during U.S.-China economic and trade talks in Madrid the U.S. made commitments on Hong Kong and investment. The U.S. has since confirmed that Executive Order 13936 will not be renewed after it expires this year and will be terminated. Beijing called the move an important step in implementing the talks' consensus, welcomed the policy adjustment, and urged the U.S. to respect Chinese sovereignty and the Hong Kong SAR's rule of law and to restore and strengthen normal economic and trade exchanges.