‘No end in sight’: Shanghai residents chafe at harsh Covid measures Tensions rise again as lockdowns grind on and the city’s population tire of strict zero-Covid policy The Guardian - UK · May 10, 2022
G-7 expresses ‘grave concern’ over Hong Kong leader’s election The foreign ministers of the Group of Seven most industrialized nations expressed “grave concern” over the process by which Hong Kong selected its next chief executive, calling it an assault on the fundamental freedoms of the former British colony that returned to Chinese control in 1997. Tribune News Service · May 9, 2022
Jurin's fruit campaign to encourage Thai consumption The Commerce Ministry is beefing up fruit promotion campaigns to stimulate domestic consumption and offset lower exports of the food, which are being hit hard by the ongoing closure of China's key border checkpoints. Bangkok Post · May 9, 2022
The Loop: China, Russia banned from Sydney meeting, man clung to reeds in Queensland floods, and why Wordle changed an answer Here's your quick catch-up for this morning's news. ABC News · May 9, 2022
U.S. to announce plans to battle illegal fishing in the Pacific The United States will soon announce plans to better battle illegal fishing in the Pacific, U.S Indo-Pacific coordinator Kurt Campbell said on Monday, as part of increased U.S. engagement with the region to counter China's growing influence. Reuters · May 9, 2022
2 Industrial Goods Stocks to Avoid After Cutting Guidance Amid a deepening supply chain crisis owing to the war between Russia and Ukraine, reinstated lockdown measures in China, and heightened inflationary pressures, the industrial sector is expected to remain under immense pressure in the coming months. Given their bleak growth prospects, we think one should consider avoiding fundamentally weak… StockNews.com · May 9, 2022
Tesla Faulty Brakes Accuser Admits Lying About Incident: What's Next? Last year, an owner of a Tesla Inc (NASDAQ: TSLA) vehicle in China protested at an auto show saying their Tesla's brakes were faulty. Benzinga · May 9, 2022
KeyBanc Remains Upbeat On Auto-Based Companies Like Microchip, Indie; Shares View On Semiconductor Stocks KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ:CRUS), Lattice Semiconductor Corporation (NASDAQ:LSCC), Monolithic Power Systems, Inc (NASDAQ: MPWR), NXP Semiconductors N.V. (NASDAQ:NXPI), ON Semiconductor Corporation (NASDAQ: ON), Qorvo, Inc (NASDAQ: QRVO), Skyworks Solutions, Inc (NASDAQ: SWKS), Synaptics Inc (NASDAQ:SYNA)) and reported positive results but mixed guidance. The broad-based analog (LSCC, MPWR, NXPI, ON) reported robust results/guidance, and China smartphone-exposed companies… Benzinga · May 9, 2022
Study suggests breakfast 'staple' increases risk of multiple cancers The study has linked the consumption to liver and breast cancer. These two cancers are the most common in China. There was also a link to lymphoma. Irish Mirror · May 9, 2022
China, Russia blocked from Sydney naval conference as military relations sour The Chinese and Russian militaries are no longer invited to attend a major international naval conference that opens in Sydney on Tuesday, as relations between Australia and the powerful allies deteriorate. ABC News · May 9, 2022
Marcos rule to return to Philippines after election landslide Ferdinand Marcos Jr, the son and namesake of the Philippines dictator deposed in a 1986 popular uprising, won a presidential election by a huge margin on Monday, according to unofficial results, marking a stunning comeback for the country's most famous political dynasty. Reuters · May 9, 2022
China asks India to conduct lawful investigations after Xiaomi allegations Xiaomi, in a court filing, claimed that its officials were threatened with consequences if they did not submit compliant statements, allegations that the ED has rejected The Hindu · May 9, 2022
Lenovo, Xiaomi, Other Chinese Tech Giants Pull Back From Russia Chinese tech companies, including PC giant Lenovo Group Ltd (OTC:LNVGY) and smartphone maker Xiaomi Corp (OTC:XIACY), quietly pulled back from Russia under pressure from U.S. sanctions and suppliers, the Wall Street Journal reports. Consumer drone giant SZ DJI Technology Co suspended its business in Russia and Ukraine pending a compliance review. The companies pulled back amid Beijing… Benzinga · May 9, 2022
China’s intent has been to keep boundary issue alive: Army Chief Russia-Ukraine war has important lessons, he notes The Hindu · May 9, 2022
Evening Standard · May 9, 2022 Tech & Science Daily: Gaming kids ‘banned’ after 10pm Children in China are to be banned from tipping video game streamers without parental consent - and they won’t be allowed to play on consoles after 10pm under new rules imposed by authorities.
The Guardian - UK · May 9, 2022 Taiwanese activist Lee Ming-che: ‘I can breathe in the fresh air of freedom’ The rights activist and his wife talk about his five years in a Chinese jail and her efforts to secure his release
Benzinga · May 9, 2022 VIVXF: OxC-beta Approved in Vietnam… By David Bautz, PhD OTC:VIVXF READ THE FULL VIVXF RESEARCH REPORT
The Guardian - UK · May 9, 2022 Global stock markets fall sharply amid fears over inflation and China slowdown FTSE 100 and S&P 500 among those to slide as investors worry that worldwide growth is weakening
StockNews.com · May 9, 2022 3 Chinese Electric Vehicle Stocks Wall Street Predicts Will Rally More Than 100% The electric vehicle (EV) industry is well-positioned to register solid growth over the long run because countries are increasingly focusing on sustainable transportation to reduce carbon emissions. China is the largest producer of EVs and has the largest EV market globally. Therefore, many Chinese EV companies should grow handsomely with…
Daily Mirror · May 9, 2022 Google Maps users convinced they've found secret rocket hidden deep in desert After spotting the odd-looking site deep in the Taklamakan desert people think they've uncovered a hidden Chinese rocket, although others believe there's a much simpler explanation
Benzinga · May 9, 2022 Morning Brief: Top Financial Stories Dominating on Monday, May 9 CNBC Ford Motor Selling 8M Shares Of Rivian Automotive
Caixin Global · May 9, 2022 Texas Instruments Denies Firing Staff as Shanghai Microcontroller Unit Disbanded Global semiconductor giant is reassigning staff to other units amid a dwindling market share, chip experts say
Reuters · May 9, 2022 China's Xi tells German Chancellor all efforts must be made to avoid Ukraine conflict from intensifying China's President Xi Jinping told German Chancellor Olaf Scholz on Monday that all efforts must be made to avoid the Ukraine conflict turning into an "unmanageable situation", Chinese state radio reported.
Caixin Global · May 9, 2022 Editorial: Rule of Law Is Fundamental to Regulating and Guiding Capital Development The key to maintaining the healthy development of capital is to stabilize expectations. The key to stabilizing expectations is upholding the rule of law