China’s crude imports from North Sea and Africa rose in May, but the trend is unlikely to continue as the Brent-Dubai price spread hovers over $3/b level, making various light sweet crude cargoes from …
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Rachel Marsden: Western nations are scapegoating China for their own mistakes
America, Canada, Britain, France, Germany, Italy and Japan — vowed “to coordinate a common strategy to deal with China non-market policies that undermine competition,” Biden said in a press conference …
Panjiva reports another strong month for imports in May
U.S.-bound import shipments—at 1,310,710—are up 30.5% annually and are up 27.9%, to 6,137,069, on a year-to-date basis through May. And containerized freight imports—at 3,010,055 TEU (Twenty-Foot …
China’s acidspar imports surge by 895% in May; exports climb 3%
China’s imports of fluorspar acidspar grew by 895% year on year in May 2021 due to increasing demand from buyers in China attracted by cheaper prices, while exports increased slightly with most demand …
China’s May manganese ore imports surge 27% on month
China’s imports of manganese ore reversed up in May after their short-lived retreat in the prior month, surging by 27% on month to 2.85 million tonnes, according to the latest detailed data released …
Trends In Blockchain: Why Big Banks Are Adopting This Technology
I believe that the notion that a financial revolution will displace the power and function of large international banks is very unlikely … as long as they continue to adapt and invest. In 2018, …
SoftBank-backed Dingdong targets over $6 billion valuation in US IPO
The valuation represents a jump of over 20% from the $5.1 billion the company was worth after the Japanese conglomerate invested in it last month.
Chip shortage restricts China’s car production, leaving showrooms empty, but local brands are faring better
Car output fell 6.8 per cent in May as buyers are left waiting months for new vehicles, but local brands with lower sales volumes are faring better than premium foreign brands.
Fluid like water: Lessons from Chinese DTC brands
China’s DTC or direct-to-consumer brands are shapeless like water, says OMD China’s Mimi Lu, with fluid branding, a fluid omnichannel and fluid segmentation based on small data.
XPeng stock jumps as Chinese Tesla rival reportedly gets approval for Hong Kong IPO
Xpeng’s American depositary receipts jumped more than 5% in U.S. premarket trading, following the reports on Wednesday.
China cuts second batch of crude oil import quotas for private refiners – document, sources
China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last year, according to a document…
AntChain Launches Developer Support Program to Foster Global Collaboration on Blockchain and Other Innovations
AntChain, Ant Group’s technology brand, today launched a developer community support program at its first developer conference. The program is designe …
Bitcoin price: Why cryptocurrency is recovering after crashing to six-month low on back of China crackdown
Bitcoin has recovered back to $34,000 (£24,500), after falling below $30,000 (£21,000) for the first time in six months …
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