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The European Commission unveils its REPowerEU plan to boost renewables and reduce Russian fossil fuel reliance, amid environmental concerns. -
China explores increasing Russian oil imports for strategic reserves, amid US sanctions. Foreign Ministry comments on economic cooperation. -
President Biden announces the Indo-Pacific Economic Framework, involving 13 countries, while considering tariff cuts on Chinese goods. -
The Metaverse industry in China is booming, projected to reach 200 billion yuan in five years, driven by VR and AR advancements. -
World leaders warn of economic slowdown risks due to war in Ukraine, inflation, and rising debt in developing nations. -
A devastating explosion at S-Oil refinery in Ulsan kills 1 and injures 9, causing extensive damage and ongoing firefighting efforts. -
The current oil crisis is unique, driven by consumer demand and geopolitical tensions. Learn how it's affecting prices and consumers worldwide. -
Crude oil highs lead to rising PS resin prices in Japan. Major companies announce significant increases amid market fluctuations. -
Raw material shortages in the paint industry surge as DIY projects rise, impacting major companies like Sherwin-Williams and PPG. -
Explore the factors behind the surge in gasoline prices, from the Ukraine conflict to refining capacity issues. -
Longbai Group celebrates the successful output of rotor-class sponge titanium, marking a major milestone in its production line project. -
US stocks plummet as Fed signals interest rate hikes to combat inflation. -
President Biden embarks on his first Asia trip to reinforce ties with South Korea and Japan amid global instability and rising tensions with China. -
Gasoline prices surge towards $5, driven by tight supply and Ukraine uncertainty. Households face rising fuel costs this summer. -
EU foreign ministers met but failed to reach consensus on sanctions against Russia, including an oil embargo, due to Hungary's objections.