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May 10th - According to sources, Alibaba (09988.HK) is preparing to announce its integration plan between its AI platform Qwen and e-commerce platform Taobao. This move aims to drive shopping through conversation rather than keyword search. The integration will reportedly allow consumers to browse, compare, and purchase products by conversing with an AI assistant through the Qwen app, eliminating the need to manually navigate product listings. The Qwen app is expected to integrate with Taobao and Tmall's complete catalog of over 4 billion products and leverage a "skill library" capable of managing logistics and after-sales service. It will also provide shopping recommendations based on users' order history and shopping preferences. Furthermore, within the Taobao platform, Alibaba will launch a Qwen-powered AI shopping assistant, incorporating tools such as virtual try-on and 30-day price tracking.

According to a source familiar with the matter, Alibaba (09988.HK) is preparing to announce plans to integrate its AI platform Qwen with its e-commerce platform Taobao, a move aimed at driving shopping through conversation rather than keyword search.

On May 10th, SK Energy announced that it will provide subsidies to its franchised gas stations to cope with high oil prices. SK Energy will reportedly provide up to 20 billion won per month to support 2,500 branded gas stations nationwide (excluding company-operated stations). SK Energy stated that this subsidy aims to ensure a stable supply of petroleum products and aligns with the government's policies on energy supply stability.

Artificial Intelligence: 1. Ant Financial released its trillion-level flagship thinking model, Ring-2.6-1T. 2. Baidu released Wenxin 5.1, with pre-training costs only 6% of the industry average. New Energy Vehicles: 1. The China Association of Automobile Manufacturers (CAAM) and eight automakers denied online rumors of being summoned for talks. 2. NIO released its April report on intelligent assisted driving, showing total assisted driving mileage exceeding 170 million kilometers. 3. Cui Dongshu of the China Passenger Car Association (CPCA) reported that my country's automobile exports reached 3.28 million units from January to April this year, a year-on-year increase of 52%, setting a new record in recent years. Other: 1. Moderna, a US pharmaceutical giant, is developing a Hantavirus vaccine. 2. my country's fourth-generation domestically developed superconducting quantum computer, "Origin Wukong-180," went online. 3. More than 100 Chinese institutions will jointly build a "space cloud" ecosystem. 4. The research vessel "Exploration One" arrived in Guangzhou, achieving several important scientific discoveries. 5. Alibaba did not participate in DeepSeek's financing negotiations; market sources denied rumors of a "breakdown." 6. General Administration of Customs: In the first four months of this year, my country's electric vehicle exports increased by 68.1%; industrial robot exports increased by 30%.

Tesla (TSLA.O): The Fremont factory has completed the production of the last Model S and the last Model X.

1. Putin says the ceasefire in Ukraine stemmed from security warnings to Kyiv. 2. Putin: Russia has not received any prisoner exchange proposals from Ukraine. 3. Guterres welcomes the three-day ceasefire and prisoner exchange between Russia and Ukraine. 4. Putin: The door to negotiations with Europe has never been closed. 5. Putin: Russia will meet Slovakia's energy needs. 6. Japan's Ministry of Economy, Trade and Industry: Japan is considering sending officials to Russia as early as the end of May. 7. Putin: Meetings are possible in third countries, but only if a lasting peace agreement is reached. 8. Zelenskyy speaks with the President of the European Council to discuss issues including Ukraine's accession to the EU. 9. Kremlin spokesman: There is still a long way to go to reach a peace agreement (with Ukraine). 10. Russian Ministry of Defense: Has responded to Ukraine's violation of the ceasefire. Ukraine has attacked Russian military and civilian targets with drones and artillery.

U.S. State Department: U.S. Secretary of State Marco Rubio met with the Prime Minister and Foreign Minister of Qatar. The United States supports Qatar's defense efforts and emphasized the importance of continued close coordination to deter threats and promote stability and security in the Middle East.

May 10th - The UK local elections concluded on May 9th, revealing a major defeat for the ruling Labour Party, which lost a significant number of local council seats. The opposition Conservative Party also suffered heavy losses, while the far-right Reform Party performed strongly. The local elections, held on May 7th, involved approximately 5,000 seats in 136 local councils across England, as well as all seats in the Scottish and Welsh Parliaments. According to British media reports, more than 20 Labour MPs in the House of Commons have publicly called for Starmer's resignation or a timetable for his departure. Several cabinet members, including Chancellor of the Exchequer Reeves and Defence Secretary Healy, have publicly expressed their support for Starmer.

On May 10th, Canadian Prime Minister Mark Carney stated at a political conference in Toronto on Saturday that Canada is willing to establish closer trade ties with the United States and Mexico in specific industries to boost the North American economy. He mentioned the "North American Fortress" initiative but did not specify any particular sectors. Carney indicated that if this approach fails, Canada will invest heavily in new markets and new products. The United States, Mexico, and Canada are scheduled to begin reviewing a trade agreement this year. Trump has already imposed tariffs on products such as automobiles and steel, disrupting the closely intertwined supply chains among the three countries. Carney had previously set a goal of doubling exports to countries outside the United States within ten years.

The Bahraini Foreign Minister demanded that Iran cease its aggressive and provocative actions against Bahrain and other countries in the region, as well as its egregious interference in their internal affairs.

Bahrain's Foreign Minister: Bahrain condemns and strongly condemns Iran's continued interference in its internal affairs and its actions that threaten the security and stability of the Gulf states.

Commander of the Aerospace Force of the Iranian Islamic Revolutionary Guard Corps: The Aerospace Force's missiles and drones have locked onto the enemy, and we are awaiting the order to launch.

On May 10th, local time, the final vote count for the 136th Local Council of England was released, completing the election results for the English Local Council, as well as the Scottish and Welsh Parliaments. In this election, both of Britain's traditional two major parties, the Labour Party and the Conservative Party, suffered significant setbacks, while the Reform Party, the Green Party, and other parties saw a marked increase in strength, further highlighting the trend of "fragmentation" in British politics. Data shows that in the English Local Council elections, the Reform Party won 1453 seats, becoming one of the biggest winners; the Labour Party won 1063 seats; and the Conservative Party won 801 seats. Analysts believe that this British local election demonstrates that the traditional two-party (Labour and Conservative) dominance in Britain is being significantly challenged. British politics is further developing towards multi-party competition and political fragmentation.

Qatari Foreign Ministry: The Qatari Prime Minister and Foreign Minister spoke by phone with the Saudi Foreign Minister to discuss efforts to ease regional tensions.

On May 10th, Russian President Vladimir Putin stated that Moscow's earlier warning of retaliation against Ukraine for an attack on its annual Victory Day celebrations led to a three-day ceasefire agreement. Speaking at a press conference in Moscow on Saturday evening, Putin said that Russian officials had informed the US that it would need to take security measures for its diplomats in Kyiv if Ukraine launched an attack during the military parade. Putin indicated that President Trump's proposal for a ceasefire and prisoner exchange stemmed from these discussions regarding embassy security. Following several days of escalating tensions between Russia and Ukraine, the Russian military parade proceeded peacefully on Saturday. This followed Trump's unexpected announcement of a ceasefire on Friday evening. He stated that the ceasefire would last until May 9th-11th, and that Russia and Ukraine had agreed to exchange 1,000 prisoners of war each.

The US Centers for Disease Control and Prevention (CDC) says the threat of a large-scale outbreak of Hantavirus remains low.

Russian President Vladimir Putin: The United States clearly does not need the conflict in Ukraine; it has many other priorities.

Russian President Vladimir Putin: We appreciate the United States for facilitating the dialogue, but this is merely an issue between Russia and Ukraine.

Russian President Vladimir Putin: We proposed a prisoner exchange to Kyiv and provided a list that included 500 Ukrainian soldiers, but the Ukrainian side said they were not ready.