China’s imports of crude oil rebounded in March, but aren’t likely to grow much more for a while – fuel demand is wilting amid COVID-19 lockdowns and high prices. LAUNCESTON, Australia, April 12 …
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China’s crude oil imports surge in March, but likely to fade amid COVID curbs: Russell
LAUNCESTON — China’s imports of crude oil rebounded in March, but aren’t likely to grow much more for a while – fuel demand is wilting amid COVID-19 lockdowns and high prices. We apologize, but this…
China’s March trade growth likely slowed due to virus curbs, Ukraine war- Reuters poll
China’s export growth likely slowed in March as the Ukraine war inhibited global demand, while imports probably eased amid signs that widespread anti-COVID lockdowns have weakened domestic consumption …
Southern California companies tied to aluminum import fraud scheme ordered to pay government $1.83 billion
LOS ANGELES — A group of six Southern California businesses run by a fugitive Chinese billionaire was ordered Monday to pay $1.83 billion in restitution for scheming to evade payment of duties on …
China Tech Stocks Slide as Risks Outweigh Game Approval Uplift
Chinese tech stocks erased earlier gains on Tuesday as worries over rising interest rates and Covid-19 lockdowns outweighed optimism from Beijing’s approval of new video game licenses.Most Read from …
China Tech Stocks Advance as New Game Licenses Stir Optimism
Chinese technology stocks rose on Tuesday as Beijing’s approval of new video game licenses fueled bets that the country’s crackdown on the sector may have peaked. Companies that obtained new licenses …
Tencent soars after China ends 8-month gaming freeze
Tencent Holdings surged more than 5 per cent, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eight months. . Read…
T Scientific to acquire 60% of S.Korean crypto exchange Hanbitco for $19.5 mln
South Korean mobile services company T Scientific announced it will purchase a 60.36% stake in PlutusDS, operator of local cryptocurrency exchange Hanbitco.
China’s “bulletproof” coffee IPO is full of holes
Star Plus Legend banks on the founder’s pop-star son, Jay Chou, hawking butter-infused, or bulletproof, java and other diet fads. Beijing’s crackdown on celebrity influence, however, threatens $57 mln …
The Bank of East Asia wins big at the Global Brands Magazine Awards
The Bank of East Asia has won the “Best Personal Banking Brand”, “Best Banking Product” and “Best Bank for Customer Experience” in Hong Kong, for the year …
China strives to establish unified domestic market
China is taking solid steps to accelerate the building of a unified domestic market that is efficient, rules-based, open and encourages fair competition amid headwinds and pressures from a complicated …
Revenue of China’s software industry posts double-digit growth
China’s software industry reported robust growth in the first two months of the year, with its revenue posting double-digit growth, data from the Ministry of …
Seeking to lower its reliance on China, Apple starts iPhone 13 production in India
Reuters says that Apple has started some iPhone 13 units in India and hopes to reduce its reliance on the Chinese facilities used by its Taiwan-based manufacturers, …