Starbucks Corp beat Wall Street estimates for quarterly comparable sales on Tuesday, powered by a sharp recovery in business in China and steady demand for its coffees and cold drinks in North America …
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For Starbucks Earnings, All Eyes Are on Guidance and China
Underperformance in China prompted the company to miss earnings expectations last quarter. Analysts don’t see the same thing happening this time around.
Exit bans on the rise in China, part of a wave of intimidation and ‘hostage diplomacy,’ reports find
China says it’s now open for business following years of implementing a “COVID-zero” policy, but recent reports indicate that the country has been increasing “exit bans,” both for citizens and foreign …
Détente with China is necessary or the U.S. will put its Asian allies and trade at greater risk
It’s imperative to negotiate a detente that permits China a sense of greater security about its vital interests and gives the U.S. the capacity to support the sovereignty of its allies and commerce in …
US concerned by China’s ‘punitive’ actions toward American firms
U.S. Ambassador to China Nicholas Burns said on Tuesday Washington was very concerned about China’s recent “punitive” action toward some U.S. companies, and that foreign firms are delaying investments …
Biden administration needs to negotiate a cease-fire to the U.S.-China cold war
U.S. military planners also are proving inept, with slow and failed weapons development projects, while the Chinese military-industrial complex is terribly efficient. The U.S. overshadows China on …
GOP rep. warns US over tech making China the most ‘dominating power’ on the planet: ‘It’d be devastating’
If China were to gain control of Taiwan’s semiconductor plant, the market and security outcomes would be “devastating,” Rep. Mike McCaul says from the Milken Institute Conference.
Asia’s LNG imports slip as soft China, Japan outweigh stronger India: Russell
Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries. The total volume of the super-chilled …
Column: China’s manufacturing wobble may drive coal use even higher
China is already on track to emit the most coal-fired power emissions in history in 2023, but may now push coal use up another gear after the manufacturing sector unexpectedly contracted in April …
China leads electric vehicle imports to New Zealand
China leads electric vehicle imports to New Zealand, taking up 58 percent of the share of imports during the 12 months to March 2023, according to data released by the statistics department Stats NZ …
‘All Bets Are Off’—Looming $31.4 Trillion Crypto Price Earthquake Could Be About To Hit Bitcoin And Ethereum
Bitcoin, ethereum and crypto traders are eyeing both the Federal Reserve’s next interest rate decision and the looming $31.4 trillion U.S. debt ceiling crisis that could see the U.S. run out of cash …
Crypto foes gird to stop mines from ‘spreading like cancer’
With few crypto laws on the books, mining opponents have had to find creative ways to stop the energy-hungry facilities from taking root in their communities.
Column-Asia’s LNG imports slip as soft China, Japan outweigh stronger India: Russell
Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries. The total volume of the super-chilled …
