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U.S. initial jobless claims last week dropped sharply to the lowest level this year.

U.S. initial jobless claims last week dropped sharply to the lowest level this year.

``` The number of new jobless claims in the US fell to the lowest level since January last week, further reinforcing the signal that "layoffs remain limited" and providing the latest basis for the market to judge the resilience of the US labor market. According to data released by

The oil crisis of the 1970s brought about the glory of Japanese fuel vehicles, so will 2026 be the turning point for Chinese electric vehicles?

The oil crisis of the 1970s brought about the glory of Japanese fuel vehicles, so will 2026 be the turning point for Chinese electric vehicles?

``` Oil prices are soaring, the Strait of Hormuz is obstructed, and an energy shock is reshaping the global automotive market. The echoes of history are clear: the 1973 oil crisis gave rise to Japanese cars, and the crisis of 2026 may become a turning point for Chinese electric vehicles to

Ali's Jiang Fan Looks Toward Instant Retail: Profit Expected in Fiscal Year 2029

Ali's Jiang Fan Looks Toward Instant Retail: Profit Expected in Fiscal Year 2029

Author | Huang Yu As the only strategic project within Alibaba Group today that can rival AI, Taobao Flash Sale has experienced strong growth, surpassing Alibaba Cloud, and became the fastest growing business sector in Alibaba’s revenue during the fourth quarter last year. On March 19, Alibaba released its Q3

Besent: Has allowed Iranian oil to continue flowing from the Gulf region and will use Iranian oil to drive down oil prices.

Besent: Has allowed Iranian oil to continue flowing from the Gulf region and will use Iranian oil to drive down oil prices.

``` Brent crude oil prices edged down slightly. U.S. Treasury Secretary Besent stated that Iran has been allowed to continue exporting oil from the Gulf region. "We will use Iranian oil to drive down oil prices." Updating... Risk Warning and DisclaimerThe market contains risks, and investment requires caution.

Wu Yongming’s Five-Year Plan: Alibaba Cloud and AI Commercial Revenue to Exceed 100 Billion US Dollars

Wu Yongming’s Five-Year Plan: Alibaba Cloud and AI Commercial Revenue to Exceed 100 Billion US Dollars

``` Author | Huang Yu On March 19, Alibaba Group released its Q3 financial report for fiscal year 2026 (October to December 2025). Total revenue grew 2% year-over-year to 284.843 billion yuan, lower than the market expectation of 289.795 billion yuan; adjusted net profit was 16.71 billion yuan, down

Wall Street’s “soul-searching question”: How high can oil prices really go?

Wall Street’s “soul-searching question”: How high can oil prices really go?

Since the outbreak of the Iran war, international oil prices have surged from $60/barrel at the beginning of 2026 to above $100, but Wall Street institutions warn that this may be far from the end. The ultimate direction of oil prices depends on a key variable: how long the

Geely's integration wraps up, aiming for domestic number one.

Geely's integration wraps up, aiming for domestic number one.

``` Author | Zhou Zhiyu Geely wants to achieve the top spot in China's passenger car sales this year. On March 18, at the Geely Automobile 2025 annual report performance meeting, Geely Automobile Holdings Limited CEO and executive director Gui Shengyue said, "In 2026 we strive to achieve the