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The Latest Breaking News from China

Analysis: Ukraine crisis reshaping Biden's presidency

President Joe Biden had planned to spend his White House term focused on countering China's growing influence worldwide and reinvesting at home as the United States turned the page on a deadly pandemic

The Independent UK

Netease vs. Tencent: Which Chinese Stock is a Better Buy?

Following a year of underperformance, Chinese stocks should do better this year. While prominent Chinese companies NetEase (NTES) and Tencent Music (TME) are well-positioned to benefit, let’s find out which of these stocks is a better buy now.

StockNews.com

Latest Russia-Ukraine updates: US to impose sanctions on Putin

Ukraine news from February 25: Biden plans move to freeze assets of Putin and Russian foreign minister.

Al Jazeera

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Queensland floods prompt 1,000 calls for help as heavy rain continues – as it happened

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The Guardian - AU

GDS Raises Funds for Accelerating Expansion, But Investors Unimpressed

Key Takeaways: GDS is raising $620 million through the issue of seven-year convertible notes with a conversion price just 16% above the stock’s latest close Funds are being used to pay for an accelerated buildup of new data centers, including a new regional hub taking shape around Singapore By Doug…

Benzinga

Still under the bed? Red-baiting's long history in Australian politics – and why it's unlikely to succeed now

The Reds are back. Scott Morrison’s Liberal-National government has recently launched an offensive of “red-baiting”, a practice long thought consigned to the history books, in preparation for an anticipated May 2022 election.

The Conversation

Papa John's Q4 Earnings Exceed Expectations; Dodges FY22 Outlook

Papa John's International Inc (NASDAQ:PZZA) reported fourth-quarter FY21 sales growth of 12.6% year-on-year, to $528.88 million, beating the consensus of $523.54 million. Adjusted EPS of $0.75 topped the Street view of $0.71. Comparable sales growth was 8.6% in Q4, versus 15.6% growth recorded last year. Comparable sales improved 11.1% in North America and…

Benzinga

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As Russia unleashes war in Ukraine, world leaders condemn attack

LONDON — As explosions battered Ukraine on Thursday, grim-faced world leaders decried Russian President Vladimir Putin’s decision to launch an unprovoked military invasion on a continent that many thought had long ago shaken off the scourge of war.

Los Angeles Times

Read How Analysts Reacted To Universal Display's Q4 Results

Analysts slashed their price targets on Universal Display Corp (NASDAQ:OLED) following Q4 results. Deutsche Bank analyst Sidney Ho lowered the price target to $180 from $240 (20% upside) and kept a Buy. Although the company's 2022 outlook was below expectations, the announcement of phosphorescent Blue being ready for commercialization by…

Benzinga

Ukraine invasion: should Russia lose its seat on the UN Security Council?

It’s ironic that Russia holds the presidency of the Security Council, the UN’s body delegated to make peace, just as Russia is perceived by many to be the greatest threat to that peace. Ukraine’s ambassador, Sergiy Kyslytsya, has even suggested that Russia should be removed from the Security Council. But…

The Conversation

Tesla Said To Plan Second Factory In Shanghai To Meet Rising Demand

Tesla expects to start working on the new plant as soon as next month, with the facility to be located in the vicinity of the existing site, Reuters reports.

InsideEVs

U.N. Security Council likely to vote Friday on condemning Russia

The United Nations Security Council is likely to vote on Friday on a draft resolution that would condemn Russia for invading Ukraine and require Moscow to immediately and unconditionally withdraw, a senior U.S. administration official said.

Reuters

Kiwi publishers shift millions in printing from shadow of Chinese censorship

One Chinese printer rejected a history text saying the ancestors of Māori came from Taiwan; another insisted that 19th Century NZ dressmakers imported their silk from the People's Republic

Newsroom.co.nz

Tesla Plans For A Second Plant In Shanghai To Increase China Production Capacity to 2M Cars: Report

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has ambitious plans for China, a country considered to be a vital part of the company's growth story.

Benzinga

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France 24

Overfishing in Senegal: Chinese trawlers leave local fishermen with empty nets

With more than 700 kilometres of coastline on the Atlantic Ocean, Senegal is one of the top fish producers in West Africa. This is one of the richest oceans in the world and that has attracted industrial fishing vessels from China. Aside from their fishing methods having massive repercussions on…

InsideEVs

China: Used Tesla Model Y Costs More Than New: Why?

The Made-in-China (MIC) Tesla Model Y has achieved big success in China. Customers are willing to pay a lot, even for used ones.

The Conversation

Ukraine invasion: what the west needs to do now – expert view

With the full-scale invasion of Ukraine, Vladimir Putin has overstepped an important line. The west sat by and did little when Russia invaded Georgia in 2008 and annexed Crimea in 2014. But the full-scale invasion of Ukraine that is currently underway is impossible to ignore. Putin’s actions and his justifications…

Benzinga

Taiwan Reports 9 Chinese Planes Flew Through Its Air Defense Zone

Taiwan’s Defense Ministry announced the incursion of nine Chinese Air Force planes Thursday morning into its air defense zone as the island nation’s government condemned Russia’s military invasion of Taiwan.

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Daily Mirror

Zoo defends footage of visitors flocking to scratch tiger cub for 'good luck'

Footage from the animal attraction in Suzhou, Anhui, China, went viral, but the zoo has defended itself claiming visitors, who stroked the tiger to celebrate the Year of the Tiger, were acting illegally

Reuters

Taiwan warns Chinese aircraft in its air defence zone

Taiwan's air force scrambled again on Thursday to warn away nine Chinese aircraft that entered its air defence zone, Taiwan's defence ministry said, on the same day that Russia invaded Ukraine, a crisis being watched closely in Taipei.

The Independent UK

China calls for talks to resolve Ukraine crisis

China has repeated calls for talks to resolve the crisis in Ukraine while refusing to criticize Russia’s attack and accusing the U.S. and its allies of worsening the situation

The Independent UK

China refuses to accept Russia has ‘invaded’ Ukraine and blames US for ‘fanning the flames’ of war

Beijing’s remarks on military actions in Ukraine are in step with ally Russia

Benzinga

Here's Why DiDi Shares Are Trading Lower Today

China's transport ministry ordered ride-hailing companies to disclose pricing details to the public, Reuters reports as per state broadcaster China Central Television. Wang Xiuchun, deputy director of the Department of Transport Services of the Ministry of Transport, instructed the online ride-hailing firms to set reasonable upper limits on commissions and make them…

Asharq Al-Awsat

ACWA Power-led Consortium Reaches Financial Close for $1.302 Billion Red Sea Project

A consortium led by ACWA Power has reached financial close for the $1.302 billion Red Sea multi-utilities project in Saudi Arabia. ACWA Power, in consortium with China’s SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, reached financial close for the senior debt facilities for the project.

The Conversation

Grattan on Friday: Faraway conflict feeds into Morrison's national security pitch

As Russia’s attack on Ukraine unfolds dramatically, Australia is in the choir stalls, not centre stage, when it comes to the West’s response. But Scott Morrison is determined its voice be loud.

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