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Headline News — Apple debuts foldable iPhone Duo. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Now the news, I'm Tianyu. US stocks and a lower on Wednesday as global crude oil prices surged past $100 mark following an escalation in US-era hostilities. Brent oil prices breached triple digits for the first time in over a month after the United States struck five Iranian oil tankers in response to the RRGC's targeting of a US Navy warship with ballistic missiles. Meanwhile, US government bound yields climbed sharply on Wednesday after the Treasury Department announced plans to triple the skill of its buyback operations. Surging energy costs added to market anxieties ahead of the Federal Reserve's policy meeting next week. Eight countries, including Turkey, Egypt, Indonesia and Jordan, have welcomed the decision of Britain to ban the imports of goods from its release settlements in the occupied Palestinian territory. In a joint statement, the foreign ministers of the countries also welcomed Britain's decision to introduce restrictions on services linked to such settlements.
The ministers reiterated their call for Israel to rescind all measures taken in connection with settlement activities. They stressed that the only viable path to achieving a just, lasting and comprehensive peace is the implementation of the two-state solution. On Tuesday, Israel announced countermeasures against Britain, including closing the British Consulate General in East Jerusalem and removing British personnel from a US-led Gaza coordination center in response to London's decision to ban imports from its release settlements in the occupied West Bank. The Saudi-led coalition supporting the internationally recognized government in Yemen says the Houthi group has launched ballistic missile and drone attacks targeting three Saudi cities. A spokesperson says the coalition's joint forces command will respond to protect the Kingdom's sovereignty, national assets, civilians and civilian objects. The attacks came amid a sharp escalation between the Houthis and Saudi Arabia.
Earlier on Wednesday, the Houthi group said dozens of Saudi air strikes had struck areas under its control. The cross-border exchanges have unfolded alongside a sharp escalation inside Yemen where government forces and the Houthis are fighting on several fronts, most intensely in the country's Western areas. The China International Fair for Trade and Services is underway in Beijing featuring a new overseas expansion services roadshow area. It offers Chinese companies one-stop professional support to enter foreign markets. The core exhibition area debuts a showcase of innovation spanning all 12 categories of services trade. It covers artificial intelligence, large language models and intelligent agents. The Fair has drawn participants from 90 countries, regions and international organizations with over 1,800 companies exhibiting on-site. China has recognized 11 new occupations and 23 new specialties under existing occupations,
reflecting evolving labor demand driven by technological advances, industrial upgrading and changing consumer needs. The new occupations include shore-based shift management engineering technicians, embodied intelligence robot technicians and sprawls data analysts. The new specialties under existing occupations include low-altitude logistics operators and age-friendly renovation designers. China is aiming to explore new employment spaces during the 15th 5-year plan period. Chinese automaker, Gili Otto, has launched his new electric vehicle, the Gili E2, in Madrid. He marked the introduction of his third model in Spain less than six months after it entered the Spanish market. Gili currently has 50 sales and service points across Spain and plans to expand his network to 80 by the end of this year. US TechGiant Apple has unveiled its first portable smartphone iPhone dual along with the iPhone 18 Pro lineup.
Apple has redesigned parts of its iOS 27 operating system to accommodate the portable form factor. The event marked the first major Apple product launch, let by John Turner's since he took over as the company's CEO. China-Ext passed Puerto Rico 75-72 in Berlin on Thursday to reach the women's basketball world cup quarterfinals. Han Shu let with 21 points and 11 rebounds. As the so Asian team remaining, China will next face France. Japan and South Korea were eliminated earlier in the tournament.
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