Saudi Arabia’s crude oil shipments to China are set to fall next month as Chinese refiners scale back purchases in response to sluggish domestic demand and high global prices, industry sources have revealed. According to three traders with direct knowledge of the matter, state-owned giant Saudi Aramco has informed several Chinese buyers that their September […]
A prominent Thai tycoon and a Chinese construction company have been formally charged in connection with a deadly building collapse in Bangkok that claimed multiple lives and left dozens injured. The charges, announced by Thailand’s Office of the Attorney-General on Monday, follow a months-long investigation into the partial collapse of a high-rise development in the […]
China is using the ongoing Chengdu World Games as a platform to promote international friendship and cultural exchange, with athletes and spectators from across the globe gathering in the southwestern city to compete and connect. The multi-sport event, featuring both Olympic and non-Olympic disciplines, has drawn participants from more than 100 countries and regions. Organisers […]
Stocks inched higher on Thursday as investors weighed the possibility of significant changes to US Federal Reserve policy, while gold prices climbed sharply amid renewed demand for safe-haven assets. Major equity benchmarks posted modest gains, with traders cautiously optimistic that the Fed may signal a shift in its interest rate strategy in the coming months. […]
A simulated Chinese blockade of Taiwan has highlighted Singapore’s potential role as a critical logistics and supply hub for the self-ruled island, according to defence analysts involved in the exercise. The war game, conducted by regional security experts and former military officials, modelled a scenario in which China seeks to isolate Taiwan by cutting off […]
Proposed identity verification requirements in Hong Kong’s upcoming stablecoin legislation are stirring unease among crypto industry players, who warn that the new rules could stifle innovation and drive firms out of the city’s digital asset ecosystem. The bill, designed to regulate the issuance and governance of stablecoins, mandates strict Know-Your-Customer (KYC) and Anti-Money Laundering (AML) […]
A deadly accident on a suspension bridge in China’s far-western Xinjiang region has claimed the lives of five people after a supporting cable suddenly snapped, local authorities confirmed on Thursday. The incident occurred in a mountainous area frequently visited by tourists. According to preliminary reports, several people were on the bridge when the cable gave […]
China’s exports surged beyond expectations in July, as exporters raced to ship goods ahead of looming international tariffs, providing a temporary boost to the world’s second-largest economy amid ongoing global trade tensions. According to data released by the General Administration of Customs on Thursday, exports rose 7.4% year-on-year, significantly beating economists’ forecasts of a modest […]
South Korea will allow visa-free entry for Chinese tourists starting in late September, a major policy shift aimed at reviving its tourism sector and improving strained diplomatic ties with Beijing. The announcement, made by the Ministry of Culture, Sports and Tourism on Tuesday, marks the first time in years that Chinese travelers will be permitted […]
Indonesia is pivoting toward China as a key export destination for its shrimp industry, following the imposition of steep anti-dumping tariffs by the United States that threaten to undercut one of Southeast Asia’s largest seafood exporters. The U.S. Department of Commerce recently announced duties of up to 160% on Indonesian shrimp, citing evidence of unfair […]
