Copper prices fell on Monday, as new COVID-19 restrictions in top consumer China and fears of rapid interest rate hikes leading to a global economic slowdown dent demand for metals. Three-month copper …
Recent Posts
Blinken blasts China’a support for Russia, calls out Xi
US Secretary of State Antony Blinken blasted Beijing over its support of Russia after emerging from more than five hours of talks with his Chinese counterpart Wang Yi.
China Threatens To Halt Coal Imports Afghanistan As Electric Prices Skyrocket In Pakistan
In response to the Taliban regime’s decision to increase the sale price of coal to Pakistan, China-based firms have threatened to halt imports from Afghanistan.
China NFT Ruling Seeks to ‘Cool Down the Hype,’ Hong Kong Attorneys Say
While China’s first-ever NFT court ruling added stricter burdens to marketplaces and led to some NFT bans, many think it is setting the stage for the growth of the digital asset market in the country.
FTSE 100 dragged lower by miners on China COVID-19 worries
UK stocks fell on Monday as worries about fresh COVID-19 curbs in China and the ongoing energy crisis in Europe hurt sentiment, with investors awaiting earnings reports for clues on economic and …
Long queues form at Shenzhen Bay Port
Long queues formed at Shenzhen Bay Port on Monday as people heading to the mainland waited for Covid tests and then their results. Some complained …
Shanghai fears a second lockdown as China battles BA.5 outbreaks
The arrival of the BA.5 variant of the coronavirus in China is threatening economically damaging lockdowns across the country.
China warns Asian nations to avoid being used as ‘chess pieces’ by big powers
China’s foreign minister Wang Yi warned on Monday during a policy speech in the Indonesian capital that countries should avoid being used as “chess pieces” by major powers in a region at risk of being…
UK response to China’s tech ambitions labelled ‘incoherent and muted’
Working outside power blocs, without policy, leaves Blighty a likely rule-taker says Foreign Affairs Committee …
China’s industrial profits improve on rebounding factory activities
Profits of China’s major industrial companies saw a narrower decline in May as factories in the world’s second-largest economy restarted production lines as …
Oil drops on China COVID-19 worries
MELBOURNE: Oil prices fell on Monday (Jul 11) in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID-19 testing in China potentially hitting demand, a …
China reimposes COVID-19 curbs as sub-variant spreads
Chinese cities are adopting fresh COVID-19 curbs, from business halts to lockdowns, to rein in new infections, with the commercial hub of Shanghai bracing for another mass testing campaign after …
Dan Tehan says Beijing’s four demands to mend Australia and China’s bilateral relationship ‘very concerning’
Shadow immigration minister Dan Tehan warned it is “very concerning” Beijing issued demands to repair the strained relationship between China and Australia.