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Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxi

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Current price of oil as of November 9, 2026

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Meet the 23-year-old college dropout already making six figures as Walmart’s youngest U.S. store manager

1

Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxi

2

Current price of oil as of November 9, 2026

3

Meet the 23-year-old college dropout already making six figures as Walmart’s youngest U.S. store manager
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Asia

Memory chip CEO warns 2027 shortage will be so bad that ‘even money can’t buy goods’
Memory chip CEO warns 2027 shortage will be so bad that ‘even money can’t buy goods’

The CEO of Taiwan’s Team Group says the worst of the memory shortage runs through mid-2027, with prices still climbing and supply balance unlikely before late 2028.

By Michaela HerbstNovember 10, 2026
Today’s consumers are spending more on things meaningful to their ‘life, health and happiness’, says Siam Piwat CEO Chadatip Chutrakul
Today’s consumers are spending more on things meaningful to their ‘life, health and happiness’, says Siam Piwat CEO Chadatip Chutrakul
By Angelica AngNovember 10, 2026
Vietnam’s cheap coffee may lose its edge as the EU tightens sustainability rules, Nestlé Vietnam’s chair warns
Vietnam’s cheap coffee may lose its edge as the EU tightens sustainability rules, Nestlé Vietnam’s chair warns
By Jay GanglaniNovember 9, 2026
Vietnam’s $140 billion U.S. surplus isn’t driven by illegal transshipment, says ex-ambassador Marc Knapper
Vietnam’s $140 billion U.S. surplus isn’t driven by illegal transshipment, says ex-ambassador Marc Knapper
By Jay GanglaniNovember 9, 2026
Southeast Asia shouldn’t copy the U.S. healthcare model, says Walgreens Boots Alliance’s APAC head: ‘It saves your life, but it’s not very healthy’
Southeast Asia shouldn’t copy the U.S. healthcare model, says Walgreens Boots Alliance’s APAC head: ‘It saves your life, but it’s not very healthy’
By Angelica AngNovember 6, 2026
Southeast Asia needs more regulation and investments for its cultural industries to scale, says POPS Worldwide CEO Esther Nguyen
Southeast Asia needs more regulation and investments for its cultural industries to scale, says POPS Worldwide CEO Esther Nguyen
By Angelica AngNovember 6, 2026
Latest stories from Fortune
More AsiaPage 64 of 79
TikTok-owner ByteDance takes the lead in the race to have China’s most popular ChatGPT-like app
Tech
TikTok-owner ByteDance takes the lead in the race to have China’s most popular ChatGPT-like app
By Jane Zhang and BloombergMay 20, 2024
Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country
Tech
Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country
By Lionel LimMay 20, 2024
Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing
Finance
Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing
By Didi Tang and The Associated PressMay 17, 2024
China’s real estate workers are taking 90% pay cuts and skipping social events to survive the property slump
Finance
China’s real estate workers are taking 90% pay cuts and skipping social events to survive the property slump
By Chongjing Li, Charlotte Yang, Tao Zhang and BloombergMay 17, 2024
Cardi B TikTok helps stock in South Korean maker of spicy instant noodles jump by 30%
Finance
Cardi B TikTok helps stock in South Korean maker of spicy instant noodles jump by 30%
By Shinhye Kang, Jenny Lee and BloombergMay 17, 2024
France admits it’s lost control of parts of New Caledonia, the world’s third-largest producer of critical EV metal nickel
Tech
France admits it’s lost control of parts of New Caledonia, the world’s third-largest producer of critical EV metal nickel
By Ben Westcott, Eddie Spence, Ania Nussbaum and BloombergMay 17, 2024
Japan may have escaped deflation only to risk stagflation instead, as the country’s economy slumps for 3 straight quarters
Finance
Japan may have escaped deflation only to risk stagflation instead, as the country’s economy slumps for 3 straight quarters
By Nicholas GordonMay 16, 2024
‘Big Short’ investor Michael Burry bets big on China e-commerce, with JD.com and Alibaba making up his #1 and #2 holdings
Finance
‘Big Short’ investor Michael Burry bets big on China e-commerce, with JD.com and Alibaba making up his #1 and #2 holdings
By Charlotte Yang and BloombergMay 16, 2024
A Great Wall Motor Co. charging station next to the company's Ora 07 electric vehicle on display at the Bangkok International Motor Show
Tech
Overcapacity is a ‘fake concept’, says the international head of a major Chinese carmaker: ‘They don’t know what is happening in my house’
By Nicholas GordonMay 14, 2024
Uber stokes monopoly fears with plan to pay almost $1bn for its only major food delivery competitor in Taiwan
Finance
Uber stokes monopoly fears with plan to pay almost $1bn for its only major food delivery competitor in Taiwan
By Sarah Zheng, Chien-Hua Wan and BloombergMay 14, 2024
BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico 
Tech
BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico 
By Kelsey Butler and BloombergMay 14, 2024
A customer shops for cooking oil at a market in Shenyang, China.
Finance
A group representing Cargill and Archer-Daniels-Midland pushes a surprising target for the next set of U.S. tariff hikes: used cooking oil from China
By Tarso Veloso, Kim Chipman and BloombergMay 14, 2024
Smartphone giant Xiaomi is making a new move on Tesla as it aims to begin selling an SUV like the Model Y as early as 2025
Tech
Smartphone giant Xiaomi is making a new move on Tesla as it aims to begin selling an SUV like the Model Y as early as 2025
By BloombergMay 13, 2024
Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a $9 million interest payment
Finance
Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a $9 million interest payment
By Nicholas GordonMay 13, 2024
BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry: ‘Any car company that’s not paying attention…is going to be lost’
Finance
BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry: ‘Any car company that’s not paying attention…is going to be lost’
By Tom Krisher, Ken Moritsugu and The Associated PressMay 13, 2024
China is still waiting for its ‘ChatGPT moment’, says AI expert Kai-Fu Lee: ‘For Americans, the moment happened 17 months ago’
Tech
China is still waiting for its ‘ChatGPT moment’, says AI expert Kai-Fu Lee: ‘For Americans, the moment happened 17 months ago’
By Saritha Rai and BloombergMay 13, 2024
Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned
Leadership
Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned
By Zheping Huang and BloombergMay 10, 2024
SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips
Tech
SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips
By Min Jeong Lee and BloombergMay 10, 2024
Biden administration expected to impose sweeping tariffs on China strategic sectors including EVs, batteries and solar cells
Finance
Biden administration expected to impose sweeping tariffs on China strategic sectors including EVs, batteries and solar cells
By Josh Wingrove, Jennifer Jacobs, Eric Martin and BloombergMay 10, 2024
European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl
Finance
European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl
By Ken Moritsugu and The Associated PressMay 10, 2024
Baidu’s PR chief apologizes after her social media post demanding workers be available ‘24 hours a day’ sparks outrage
Tech
Baidu’s PR chief apologizes after her social media post demanding workers be available ‘24 hours a day’ sparks outrage
By Nicholas GordonMay 9, 2024
Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market
Finance
Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market
By BloombergMay 9, 2024
Alibaba’s home city says it will no longer check if homebuyers are qualified as China tries to revive its dreary real estate market
Finance
Alibaba’s home city says it will no longer check if homebuyers are qualified as China tries to revive its dreary real estate market
By BloombergMay 9, 2024
South Korea’s president is establishing a new ministry to boost the country’s birth rate, the world’s lowest, after a bruising election loss
Leadership
South Korea’s president is establishing a new ministry to boost the country’s birth rate, the world’s lowest, after a bruising election loss
By Soo-Hyang Choi, Shinhye Kang, Seyoon Kim and BloombergMay 9, 2024
Huawei’s licenses to buy chips from Qualcomm and Intel revoked as U.S. further tightens export restrictions
Tech
Huawei’s licenses to buy chips from Qualcomm and Intel revoked as U.S. further tightens export restrictions
By MacKenzie Hawkins, Erik Wasson and BloombergMay 8, 2024
TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore while keeping Chinese citizenship
Tech
TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore while keeping Chinese citizenship
By Zheping Huang and BloombergMay 8, 2024
Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April
Tech
Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April
By Dana Hull and BloombergMay 8, 2024
BYD reiterates that it has no plans to sell in the ‘very protective’ U.S.—but hopes that things might get ‘back to normal’ after the election
Tech
BYD reiterates that it has no plans to sell in the ‘very protective’ U.S.—but hopes that things might get ‘back to normal’ after the election
By Nicholas GordonMay 7, 2024
Nintendo teases the Switch’s long-awaited successor as investors stress about bigger-than-expected profit slide
Tech
Nintendo teases the Switch’s long-awaited successor as investors stress about bigger-than-expected profit slide
By Takashi Mochizuki and BloombergMay 7, 2024
China’s tourists are traveling again but they are spending less than before COVID as economic worries keep their wallets shut
Finance
China’s tourists are traveling again but they are spending less than before COVID as economic worries keep their wallets shut
By BloombergMay 7, 2024
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Innovation
Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxiplaceholder alt text
By Marco Quiroz-GutierrezNovember 9, 2026
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By Joseph HostetlerNovember 9, 2026
Success
Meet the 23-year-old college dropout already making six figures as Walmart’s youngest U.S. store managerplaceholder alt text
By Preston ForeNovember 9, 2026
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