Asian equities were largely higher despite the US dollar’s strength overnight though India was on holiday for election day.
Monthly Archives For May 2024
Investigation finds BWM, Jaguar Land Rover, Volkswagen bought parts linked to forced labor in China
Multiple major automakers relied on forced labor in China for some purchased parts, a Senate Finance Committee investigation found Monday. BMW, Jaguar Land Rover and Volkswagen purchased parts …
China’s fuel oil imports soar to highest since at least 2020
China’s imports of fuel oil rose 10% in April from a year earlier to 2.93 million metric tons, data from the General Administration of Customs showed on Monday, the highest level since at least 2020…
To Avoid Danger, U.S. Must Lead on Crypto and Blockchain | Opinion
My fellow Democrats aren’t trying to smother the emerging industry being born from artificial intelligence—they’re trying to establish wise and fair rules.
Taiwan’s Lai sworn in, tells Beijing to stop bullying
Taiwan’s new leader Lai Ching-te on Monday vowed to defend the East Asian island’s democracy as he called on China to end its military intimidation of Taipei.
South China Sea: Philippines calls for Beijing to prove Scarborough Shoal is undamaged
Philippine officials said on Monday they were ‘alarmed’ by Chinese activities at Scarborough Shoal, which Manila has accused Beijing of destroying.
Li Auto Earnings Miss Views; China EV Maker Guides Low
Li Auto reported weaker-than-expected first-quarter earnings and guided low on the current quarter, as the once-hot China electric vehicle maker struggles with increased competition. Li Auto stock plunged Monday.
Boeing Trades Nearly 1% Lower as China Imposes Symbolic Sanctions On Airplane Maker And Other US Defense Firms Over Taiwan Arms Sales
In a move that is largely seen as symbolic, China has imposed sanctions on three U.S. defense contractors, including Boeing Co. (NYSE: BA), for their involvement in arms sales to Taiwan.
US students experience Chinese culture through sports at Beijing university
Students from the United States joined physical education classes at Beijing Foreign Studies University (BFSU) on Monday, exploring Chinese culture through table tennis and Kung Fu. Dozens of students from Indiana University of Pennsylvania (IUP)…
CHINA MOBILE Apr 5G Subscribers Net Increase 643K MoM
CHINA MOBILE (00941.HK) announced that the total number of customers of mobile business exceeded 997 million in April, with a net increase of 1.737 million for a single month. The cumulative net …
China creates groundbreaking electric car battery that fully charges in just 10 minutes
China has developed a revolutionary car battery that can charge in just 10 minutes and power a car for hundreds of miles before needing to be plugged in. A report from the International Energy Agency…
The Electric: How the China Playbook Has Changed the Rules in EVs and Batteries
China’s Contemporary Amperex Technology Ltd., the world’s largest battery manufacturer, slashed the price of its iron-based battery cells 40% below the global industry average. Western battery …
‘Caribbean Experience 2024’ celebrates Caribbean culture in Beijing
The Caucus of Caribbean Embassies in Beijing and the Commercial Office of Haiti organized the “Caribbean Experience 2024” event in the Chinese capital on May 18, celebrating the friendship between China and Caribbean nations, as…
