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Bank of China A-shares fell nearly 2% after China's National Audit Office reported the bank evaded 2.367 bln yuan in taxes.

2026-06-25

Bank of China A-shares fell nearly 2% after China's National Audit Office reported the bank evaded 2.367 bln yuan in taxes.

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2026-06-25

China State Planner and the National Energy Administration issued the New Energy System Construction 15th Five‑Year Plan, directing accelerated transformation of traditional industries — including steel, nonferrous, petrochemical, chemical and buildi

China State Planner and the National Energy Administration issued the New Energy System Construction 15th Five‑Year Plan, directing accelerated transformation of traditional industries — including steel, nonferrous, petrochemical, chemical and building‑materials — and promotion of electric boilers, electric heating and electrically assisted furnace/kiln heating. The plan calls for building green‑fuel storage, transport and refueling networks in key regions, city clusters and along transport corridors, advancing heavy‑truck charging/refueling facilities on major freight routes and speeding green‑power adoption for inland shipping such as the Yangtze. It also instructs optimizing and expanding natural gas use and advancing hydrogen blending into gas supplies.
2026-06-25

CNN, citing four people familiar with the account, reported the U.S. F-15 pilot whose jet was shot down over Iran in April recalled that, before ejecting, he observed multiple Iranian drones circling in a coordinated 'jellyfish' formation. The sighti

CNN, citing four people familiar with the account, reported the U.S. F-15 pilot whose jet was shot down over Iran in April recalled that, before ejecting, he observed multiple Iranian drones circling in a coordinated 'jellyfish' formation. The sighting has prompted intense debate within U.S. intelligence and remains unresolved; if the pilot did see a coordinated swarm, it would represent a significant advance in Iranian drone capability. The pilot described the drones as appearing interconnected and moving as a single unit, with smaller drones positioned under larger ones 'like legs,' and likened the configuration to 'alien' technology.
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