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Detailed view of a car gearshift lever highlighting control and mechanics.
Business3/10/2026, 4:07:10 AM

Loan-Fuelled Bets and Shadow Platforms: How Retail Leverage Turned China’s Gold Rally into a Crisis

Retail investors in China have suffered heavy losses after borrowing to buy gold and using unregulated platform contracts that mimicked futures. A combination of extreme price volatility and non-physical, high‑leverage products—exemplified by the Jieworui withdrawal freeze—has prompted bank warnings and regulatory action to curb disguised margin trading.

Scenic view of ancient Hasankeyf architecture with minarets against a mountain backdrop.
World3/10/2026, 4:07:09 AM

Trump Declares Iran War 'Basically Over' as Oil Markets Whipsaw and Tehran Names New Supreme Leader

President Trump declared the US‑led campaign against Iran "basically over," citing widespread destruction of Iranian military assets after strikes on over 3,000 targets, a claim that coincided with wild swings in Brent crude. Iran named Mujtaba Khamenei as its new supreme leader as the Strait of Hormuz remains closed, keeping energy markets and diplomatic tensions on edge.

Two women shopping in stylish Abuja boutique. Fashion, elegance and modern trends.
Business3/10/2026, 3:57:28 AM

Three CEOs in Two Years: How Sun Art’s New Owner Is Rewiring a Hypermarket Giant

Sun Art has replaced three CEOs in under two years as Dehong Capital reshapes the hypermarket into a leaner, fresh‑focused omnichannel retailer. A company veteran delivered a return to profit by restoring price credibility and cutting costs, a short‑lived successor sketched a fresh‑led, near‑market transformation, and Dehong’s co‑founder has now taken the helm to marry operational fixes with capital‑driven value extraction.

Close-up of smartphone screen showing DeepSeek AI chatbot interface on a modern device.
Technology3/10/2026, 3:57:15 AM

Xiaomi Takes OpenClaw Mobile: Lei Jun Backs ‘Miclaw’ to Put AI Agents on Phones and Into the Home

Xiaomi has launched Xiaomi miclaw, a mobile AI agent built on its MiMo model and presented as China’s first phone-based implementation akin to OpenClaw. The move underscores a broader industry race to embed autonomous agents into phones and homes, promising convenience and ecosystem lock-in while raising fresh security and privacy challenges.

Cruise ship sailing near a modern skyscraper city skyline, an elegant blend of travel and architecture.
World3/10/2026, 3:57:10 AM

Stranded at Sea: Chinese Tourists Trapped on Dubai Cruise as Middle East Conflict Disrupts Travel

When fighting around the Persian Gulf flared in late February 2026, several cruise ships bound for Middle Eastern ports were forced to remain in Dubai, stranding thousands of seafarers and passengers. Chinese tourists on board experienced orderly but anxious confinement, expensive rerouting through Oman, and a mix of refunds and out-of-pocket costs, highlighting broader vulnerabilities in global tourism tied to regional conflict.

Wooden Scrabble tiles spelling 'AI' and 'NEWS' for a tech concept image.
Technology3/10/2026, 3:57:07 AM

The Digital 'Lobster' Craze: OpenClaw’s Promise of Passive Income Collides with Bills, Bugs and Security Risks

OpenClaw, an agent platform dubbed the “dragon‑lobster,” has sparked frenzied interest in China but the economics and risks greatly limit who can profit from running instances. Startups and technically proficient individuals can monetize deployments, but ordinary users face non‑trivial time, electricity, token fees and security exposures that often outweigh modest earnings. The situation points to a coming consolidation toward managed, vetted services and clearer regulatory guardrails.

A pigeon soars past the Mohammad Al-Amin Mosque in Beirut, Lebanon.
World3/10/2026, 3:47:59 AM

Iran’s Parliament Speaker Warns US and Israel: Strikes on Infrastructure Will Be Met in Kind

Iran’s parliamentary speaker warned the United States and Israel that attacks on Iranian infrastructure will be met with proportionate responses, citing new missile tactics and claiming to have undermined enemy air-defence calculations. The remarks signal Tehran’s intent to pursue calibrated, asymmetric options that raise the risk of economic and regional escalation.

Detailed view of a military missile mounted on an aircraft wing at an airbase in Bengaluru.
World3/10/2026, 3:47:58 AM

Iran Announces New Wave of Missile Strikes, Claims Hits on US Regional Bases and Northern Israel

Iranian state-linked media announced the IRGC launched the 30th round of an operation it calls "Real Promise-4," claiming missile and drone strikes on US bases in the region and targets in northern Israel. The footage and assertions include mentions of newer missile types and an unexpected reference to a "new" supreme leader, but these claims remain unverified and appear to form part of a broader Iranian information and deterrence campaign.

Close-up of KH-35UE missile displayed at Aero India 2025 in Bengaluru, India.
World3/10/2026, 3:47:35 AM

IRGC Says It Can Sustain Six Months of High‑Intensity Strikes, Threatens New Long‑Range Attacks on Israel and US Forces

The IRGC says Iran can sustain high‑intensity operations for at least six months and has warned it will deploy more advanced long‑range missiles in the coming days. The announcement, tied to a sequence of claimed strikes in an operation called “True Promise 4,” is aimed at signaling endurance and deterrence to Israel, the United States and regional actors.

A group of people holding signs in a street protest, expressing dissent against political policies.
World3/10/2026, 3:47:27 AM

Trump Says He Will End Military Action Against Iran 'At the Appropriate Time,' Keeps Final Say

President Trump told The Times of Israel he will decide “at the appropriate time” when to end U.S. military action against Iran, saying the choice will be made jointly with Israeli Prime Minister Benjamin Netanyahu but that the ultimate authority rests with the U.S. He acknowledged tactical successes while conceding the broader campaign has fallen short of expectations, leaving open multiple strategic paths with significant regional and diplomatic consequences.

A focused businesswoman working on a laptop in a stylish office setting. Professional and determined demeanor.
Technology3/9/2026, 9:37:20 PM

China’s Solo-Founders Moment: Cities Race to Build AI 'One-Person Company' Ecosystems

Chinese cities are rapidly building ecosystems for 'One Person Companies' (OPCs), solo founders who use AI to run end-to-end startups. From Shenzhen’s hardware-focused clusters to Chengdu’s digital-cultural OPC pilot, local governments are deploying compute vouchers, equity funds and community space to turn solo AI entrepreneurship into an economic strategy.

OpenAI Website with Introduction to ChatGPT on Computer Monitor
Technology3/9/2026, 9:37:18 PM

OpenAI Pauses Promised 'Adult Mode' to Focus on Core AI Improvements Amid Competition and Oversight Concerns

OpenAI has delayed its planned ChatGPT "adult mode" to prioritize core product improvements such as model intelligence and personalization. The move comes amid fierce competition and internal debate over the company’s ethics, including a resignation tied to a contentious U.S. Department of Defense partnership and revisions to that contract to limit surveillance and weaponization uses.

Explore the vibrant Chengdu skyline at night showcasing urban architecture and city lights.
Technology3/9/2026, 9:37:13 PM

Chinese Chipmaker Unveils 128GSPS ADC, Claiming End‑to‑End Domestic Supply for Radar and Space Systems

Chengdu Huaw Microelectronics has unveiled a 10‑bit, 128GSPS ADC with 37GHz input bandwidth, and says the device was developed and manufactured entirely using domestic Chinese suppliers. The chip targets radar, satellite communications and high‑end test equipment, but is still in the early market introduction phase and has not reached scale sales.

Bitcoin and Ethereum coins depicted on a soft yellow background for cryptocurrency and finance themes.
Business3/9/2026, 9:27:22 PM

BitMine Builds a Large Ethereum War Chest — Holds 3.8% of Supply as Treasury Tops $10bn

BitMine has increased its Ethereum holdings by 60,976 ETH to a total of 4,534,563 ETH, equal to about 3.76% of Ethereum’s circulating supply, and now reports a $10.3 billion treasury that includes crypto, equities and $1.2 billion cash. The accumulation highlights potential market effects from large corporate treasuries and signals a bullish posture toward Ether while preserving strategic optionality.