SINGAPORE – November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea. Read more at straitstimes.
Monthly Archives For November 2022
China’s tightening COVID-19 curbs fuel pushback
Frustration simmered in China among residents and business groups navigating stricter COVID-19 control curbs as the country reported on Friday another historic high of daily infections just weeks …
Asian markets mixed with China COVID-19 lockdowns, Japan inflation in focus
Asian shares were mixed Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation. Benchmarks fell in Tokyo, Seoul and Hong Kong, but rose in Sydney and …
Exclusive: China central bank to offer cheap loans to support developers’ bonds-sources
China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet …
Early Crypto Investor Bo Shen Says He Lost $42 Million in Wallet Hack
Bo Shen, the general partner at Fenbushi Capital, said he lost about $42 million through a hack of his personal digital wallet.
The US-China chip war is spilling over to Europe
Two European chip deals have run into trouble over their links with China, a sign of concern spreading in the West over potential Chinese control of critical infrastructure.
Exclusive-Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant -source
Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a person with direct knowledge of the matter …
China eyes better trade ties with US, LatAm
China said it hopes the United States will join its efforts to promote the early return of bilateral economic and trade cooperation to a normal and healthy development track, Shu Jueting, spokeswoman …
How Biden administration’s export ban is choking off China’s tech ambitions
The US and China are locked in a battle over microchips, which is stretching the global supply chains to their limits. President Biden’s CHIPS Act that bans certain chip exports to China is hurting …
China’s Delayed Reopening May Cut Growth Rate by 1 Point: Oxford
A longer-than-expected Covid Zero reopening may shave almost one percentage point off China’s gross domestic product growth next year, according to Oxford Economics Ltd.
WeWork China’s former tech head launches on-demand work pods
At a time when China’s zero-COVID policy continues to interrupt offline work and face-to-face interactions, Dominic Penaloza, the former head of innovation and technology at WeWork China, is …
China unlikely to pay for climate change despite being ‘biggest annual emitter of greenhouse gases’: Report
The United Nations considered China a developing nation in 1992 however things have now changed as the country is now the world second-largest economy Chi …
China may not pay for climate change despite being ‘biggest annual emitter’
Chinese policymakers do not agree with the suggestion that China should be considered a developed nation; according to Chinese policymakers, China continues to have extreme poverty in the country …
