At least 20 people were killed and five were missing after a cargo ship caught fire while docked in a Chinese port, Chinese state media reported.
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$100 oil is putting China’s new role as a ‘demand-side OPEC’ to the test
China built buffers that let it buy less oil when prices soar. With crude back above $100, its buying decisions increasingly matter to the world.
25 dead after cargo ship catches fire in China’s port, state media says
An international cargo ship caught fire while docked in eastern China, leaving major casualties Thursday, according to China’s official Xinhua News Agency.
Cargo Ship Fire in Eastern China Kills 25
The ship was docked in the port city of Qingdao for repairs at the time of the blaze, whose cause remained unclear, according to state media.
Cargo vessel fire at east China shipyard kills 25
BEIJING, Sept 10 (Reuters) – Twenty-five people died in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern Chinese city of Qingdao on Thursday, state …
China Sours on Tool That Helped Property Firms Overhaul Debt
China is casting doubt on one of the key mechanisms that helped keep several major property developers including Country Garden Holdings Co. out of liquidation.
Logo, mascot and slogan unveiled to mark one year to World Athletics Championships Beijing 27
The logo, mascot and slogan for the World Athletics Championships Beijing 27 (WCH Beijing 27) have been revealed to celebrate one year until the prestigious global event returns to China’s capital.
Hollywood fears an AI future. China is already living it
The AI trends upending China’s entertainment industry may be a harbinger for what’s to come in Hollywood.
Tech, media & telecom roundup: Market talk
Find insight on Meta Platforms, Robinhood, Fortum and more in the latest Market Talks covering Technology, Media and Telecom.
China unveils plan to build financial powerhouse, eyes stronger capital market by 2030
(ECNS) — The State Council Information Office held a 15th-Five-Year-Plan-related press conference on Thursday, outlining measures to strengthen regulation, prevent risks and promote high-quality …
Beijing plans to encourage ‘open-air museums’ under draft regulation
(ECNS) — Beijing is considering legislation to encourage the development of “open-air museums” by integrating scattered cultural and museum resources across the city.
‘Saved the day’: How China helped keep the lid on oil price surge as Iran war disrupted supplies
China’s crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.
UBS closes China fund sales unit as domestic competition proves too much
By Samuel Shen and Selena Li SHANGHAI/HONG KONG, Sept 10 (Reuters) – UBS will shut its Chinese fund sales unit after struggling to attract investors in a market already overcrowded with deep-pocketed …