Russia currently provides far more gas at a higher price to Europe, according to a leading energy analyst But China’s real value is as a source of necessary goods after the West imposed sweeping …
Tagged By business
China industrial profit up but mired in single-digit growth
BEIJING (Reuters) -Profit growth at China’s industrial firms accelerated in the first two months of the year in line with other signs of momentum in the …
Explained: Ethereum Is Upgrading and It Could Change Crypto’s Future
The catalyst for this growth appears to be an upcoming upgrade that will overhaul how the Ethereum blockchain works, and, in the process, make it “more scalable, more secure, and more sustainable.” A …
Chinese auto brands gain larger market share in first two months
The share of Chinese passenger car brands in the domestic market increased in the first two months of the year, data from an industry association showed. Over 1.63 million Chinese brand passenger cars …
With eye to China investment, Taliban now preserve buddhas
The ancient buddha statues sit in serene meditation in the caves carved into the russet cliffs of rural Afghanistan. Hundreds of meters below lies what is believed to be the world’s largest deposit of …
How Ukraine war left China’s ‘Nickel King’ on hook for billions
Tsingshan, the world’s biggest nickel producer, has been forced to buy back a large number of nickel contracts at higher prices to reduce its exposure …
China says no trace of explosives found in jet crash samples
Some 24,000 pieces of wreckage have been retrieved, officials said, and remains of 120 people have been identified …
China must be punished for supporting Russia
In spite of all the destruction, there is something positive that could come out of the conflict, indirectly related to Russia and Ukraine — the resetting of China’s diplomatic and trade relationship …
Engineering Exports Surpass $101 Billion In 11 Months Of FY22 As US, China And UAE Continue To Drive Growth
With demand from the top three key markets USA, China and UAE remaining strong, engineering goods exports crossed the $101 billion-mark during the April-February period of the cur …
China economy faces worst slowdown since pandemic: Nomura
The slowdown in China’s growth worsened in the first quarter and markets should be concerned about a further slide in the second.
Starbucks Expands in China, but Profits Sink Below Expectations
Starbucks ( SBUX 0.38%) has continued to grow its footprint in its second-largest market, China. While new store growth there in its first quarter of fiscal year 2022 was strong, overall profits came …
This Chinese Stock Could Skyrocket 85%, According to Wall Street
Earlier this month, the U.S. Securities and Exchange Commission (SEC) identified five Chinese companies with listings on U.S. stock exchanges that could be delisted for not meeting audit requirements.
Grapes of Wrath: Australian Winemakers’ Loss in China is South Africa’s Gain
The future for South African wines in China is looking rosé after Beijing slapped huge tariffs on Australian wines amid a diplomatic dispute …