China’s Fuel Exports Surge as Global Diesel Shortage Deepens
China exported 6.01 million tons of refined fuels in August, up 12.7% annually, as diesel exports surged 42.1% amid a global shortage, though year-to-date volumes remained down 9.6%.
China exported 6.01 million tons of refined fuels in August, up 12.7% annually, as diesel exports surged 42.1% amid a global shortage, though year-to-date volumes remained down 9.6%.
U.S. manufacturing output declined 0.3% in August after seven consecutive months of growth, while several manufacturers announced major U.S. expansion investments totaling billions of dollars.
AMD reported record second-quarter revenue of $11.5 billion and shares gained 155% year-to-date, driven by strong AI demand and institutional investor interest.
SEI Corporation reported second-quarter fiscal 2026 revenue of $641.6 million and adjusted earnings of $1.66 per share, both quarterly records, with shares up 28% year-to-date.
Dollarama raised its fiscal 2027 guidance for Canadian comparable store sales and net new store openings after reporting Q2 sales of C$2.02bn, up 17.6% year-over-year.
Canaan Inc. reported second quarter revenue of $31.9 million, down sharply from prior-year levels, with a net loss of $97.6 million amid declining bitcoin prices affecting mining equipment demand and revenue.