Asia’s seaborne thermal coal prices have slumped to four-year lows as the region’s heavyweight buyers China, India and Japan all import less of the power-station fuel.
BUSINESS
Hedge fund billionaire Paul Tudor Jones says stocks are headed for fresh lows even if China trade tensions ease
The S&P 500 retesting its recent low would imply a 10% drop from current levels. The famed investor said tariffs and the Fed are the biggest market risks.
China’s neighbors are cracking down on exporters trying to dodge tariffs with fake labels
Some Chinese exporters are sending products to countries like Vietnam and falsely labelling them as being made there to skirt Trump’s tariffs.
Trump Tariffs Trigger Collapse In China-To-U.S. Shipping Volumes
Logistics firm Flexport reports that liners are slashing their China-to-U.S. carrying capacity at a faster rate than they did at the start of the pandemic.
5 Things You Probably Didn’t Know Are Made in China — Will They Cost More?
When you think of products made in China, your mind might go to things like electronics, toys and clothing. But a lot more than you think is made in China — many products across virtually…
Trump tariffs live updates: Trump hints at pharma duties, no plans to talk to China’s XI
Investors’ tariff jitters have returned to the forefront this week, as President Trump hinted at another front in his trade war and companies flag the emerging effects of the duties to their bottom …
Why Stablecoin Issuers Could Displace Japan And China As The Biggest Buyers Of U.S. Treasury Securities
As the Trump administration fast-tracks stablecoin regulation, analysts are beginning to predict surging demand for U.S. Treasurys.
IPOs Supercharge Demand for Hong Kong Dollars, Prompting Intervention
Demand for the Hong Kong dollar hasn’t been this strong since Ant Group planned the world’s biggest IPO in the city almost five years ago. (Beijing later pulled the deal.) The resulting surge is …
Chery gears up for US$1.5 billion Hong Kong IPO without Wall Street banks
Chery Automobile’s planned Hong Kong initial public offering (IPO), which people familiar say could raise about US$1.5 billion, is being led by an all-Chinese bank roster after others decided not to …
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
HONG KONG] One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Read more at The Business Times.
Oppo Reno 14 series is launching on May 15 in China
Oppo began teasing the arrival of the Reno 14 series in China last week. While the brand is yet to officially confirm its launch date, Chinese tech bloggers have started sharing media invitations that …
China’s services growth hits 7-month low as tariffs bite, PMI drops to 50.7
Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China’s economy contends with persistent deflationary risks …
China’s services growth hits 7-month low as tariffs bite, Caixin PMI shows
China’s services activity expanded at the slowest pace in seven months in April, with new orders growth slackening from March, weighed by uncertainty caused by U.S. tariffs, a private sector survey …
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