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7d07/07⚠ war-conflict · 2/5

Unitree's 73-day IPO approval and LingBot-Vision going Apache-2.0 in the same fortnight: two numbers I can't square

I spent the last couple weeks tracking the China robotics pipeline and two events in basically the same fortnight have been bouncing off each other in my head. On July 3, Unitree got final CSRC registration for its STAR Market IPO at roughly $618 million, filed March 20, cleared in a record 73 days. That clears it to become China's first listed pure-play humanoid company. The hardware side has been accelerating hard. AgiBot hit its 10,000th mass-produced robot on March 30, going from 5,000 to 10

Social◇ unclassifiedchina
7d07/07⚠ sanctions · 3/5

India Could Return To Iranian Crude If U.S. Extends Sanctions Waiver

Indian state-held refiners are considering buying Iranian crude oil if the United States extends the waiver on Iran’s oil sales beyond August or further eases restrictions on that trade. As part of the 14-point memorandum of understanding with Iran, the United States in mid-June authorized the production, delivery, and sale of crude oil, petrochemical products, and refined oil products of Iranian origin through August 21, 2026. The temporary U.S. waiver has opened the door for Iranian oil sales

◇ unclassifiedmiddle-east · russia · usa
7d07/07

Can Index Futures be manipulated to prop up the broader stock market?

I've been thinking about this for a few days. I'm looking for insight from redditors who might know. Google Ai's answer was the following: Yes, it is theoretically and mechanically possible to use index futures to prop up the broader US stock market and this idea has long been discussed in the context of potential government or institutional market intervention. Because index futures are highly leveraged and closely linked to the underlying stock index, they are a generally more efficient tool t

Social◇ unclassifiedusa · india
7d07/07⚠ war-conflict · 3/5

Hong Kong’s war-risk pool testament to collaboration, insurance leader says

The launch of a marine war-risk pool by Hong Kong insurers is a prime example of how the city’s insurers can collaborate not just for the benefit of the local economy but for the entire nation, an industry veteran has said. At the South China Morning Post’s China Conference, themed “Intelligence at Scale: Hong Kong’s AI-Powered Future”, panel speakers considered how the insurance industry could bolster financial resilience across the Greater Bay Area. Speaking at the event, Selina Lau Pui-ling,.

◇ unclassifiedchina · asia
7d07/07⚠ war-conflict · 3/5

UAE Pumps 3.8 Million Bpd, Defying OPEC+ Quotas

The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025. June's output was the highest since April 2020, according to Reuters estimates, exceeding levels seen before the Iran war and providing

◇ unclassifiedmiddle-east · russia · usa
7d07/07

UK’s Nigel Farage to quit as lawmaker, seeks re-election to clear name

Reform UK leader Nigel Farage says he will quit as a lawmaker and seek re-election to clear his name over financial allegations linked to millions of dollars’ worth of donations. “I have done nothing wrong. I have not broken the law in any way at all. I have not misused public money,” Farage, a prominent ally of US President Donald Trump, said in a broadcast statement that did not take questions. Farage faces a probe by parliament’s standards watchdog over a £5 million (US$6.7 million) gift from

◇ unclassifiedchina · asia · uk
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