• 11/25/2024

Tesla is building a factory in Shanghai to produce its Megapack battery, Chinese state media reported, further expanding into the country at a time of fraught U.S.-China ties.

Wall Street Journal Tesla is building a factory in Shanghai to produce its Megapack battery, Chinese state media reported, further expanding into the country at a time of fraught U.S.-China ties. https://www.wsj.com/articles/tesla-to-build-new-china-plant-for-energy-storage-battery-aa8a76db

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A burst of supply from a grab bag of smaller oil-producing countries threatens to undermine efforts by Saudi Arabia and its allies to keep prices high.

Wall Street Journal A burst of supply from a grab bag of smaller oil-producing countries threatens to undermine efforts by Saudi Arabia and its allies to keep prices high.  https://www.wsj.com/articles/saudi-arabia-led-oil-cuts-run-into-gusher-of-alternative-supplies-3fb9953f

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Russia is deepening a crackdown on dissent in occupied areas of Ukraine, the Ukrainian military said, as Kyiv’s forces launched fresh attacks aimed at weakening Moscow’s hold in the south.

Wall Street Journal Russia is deepening a crackdown on dissent in occupied areas of Ukraine, the Ukrainian military said, as Kyiv’s forces launched fresh attacks aimed at weakening Moscow’s hold in the south. https://www.wsj.com/articles/as-ukraine-readies-counteroffensive-russia-steps-up-campaign-against-partisans-f839c12a

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China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington.

Wall Street Journal China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington. https://www.wsj.com/articles/china-warns-taiwan-with-an-eye-on-rest-of-the-world-cea19bf

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Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said.

Wall Street Journal Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said. https://www.wsj.com/articles/saudi-arabia-houthis-advance-toward-long-term-cease-fire-in-yemen-afa10c9b

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What’s News: World-Wide

Wall Street Journal What’s News: World-Wide https://www.wsj.com/articles/whats-news-world-wide-f7d4befa

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A judge’s ruling against the FDA’s approval of the abortion pill could weaken the agency, opening its science-based decisions to court reviews, said lawyers specializing in the matters.

Wall Street Journal A judge’s ruling against the FDA’s approval of the abortion pill could weaken the agency, opening its science-based decisions to court reviews, said lawyers specializing in the matters. https://www.wsj.com/articles/what-the-texas-courts-abortion-pill-ruling-means-for-fda-c117f015

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The World Bank Is Getting a New Chief. Will He Pivot Toward Climate Action?

New York Times Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. https://www.nytimes.com/2023/04/09/climate/world-bank-ajay-banga.html

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U.S. dollar higher in Taipei trading

Taipei, April 10 (CNA) The U.S. dollar was traded at NT$30.468 at 10 a.m. Monday on the Taipei Foreign Exchange, up NT$0.022 from the previous close. https://focustaiwan.tw/business/202304100004

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Taiwan headline news

Taipei, April 10 (CNA) The lead stories in major Taiwan dailies on Monday are as follows: https://focustaiwan.tw/society/202304100003

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