China Says It Is ‘Not a Party’ to Ukraine Crisis Media reports emerged that Moscow has requested military and economic assistance from China for its war in Ukraine, which China denied. The News Lens · Mar 16, 2022
China says Taiwan 'taking advantage' of Ukraine as island sends more aid China's government on Wednesday lambasted Taiwan's humanitarian aid for Ukraine and sanctions on Russia as "taking advantage of other's difficulties" after the island announced it was sending more funds donated by the public for refugees. Reuters · Mar 16, 2022
Why Alibaba, JD And Tesla Rivals Li Auto, Nio Are Rebounding Big-Time In Hong Kong Today Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory after three days of losses. Benzinga · Mar 16, 2022
On Taiwanese island, drills underscore strategic importance and vulnerability Taiwan held live fire drills in its northernmost territory on Wednesday, putting the spotlight on a remote island that is strategically located at a chokepoint near China - and potentially vulnerable to attack. Reuters · Mar 16, 2022
China-Russia helping hand an 'abomination' A leading security expert warns the Sino-Russian alliance is not to be underestimated, as the prime minister labelled any cooperation an 'abomination'. AAP · Mar 16, 2022
What could China’s zero Covid strategy mean for Australian business? How will rising case numbers and tens of millions of people under strict lockdown affect local supply chains and Australia’s economy? The Guardian - AU · Mar 16, 2022
Millions under lockdown in China as COVID-19 cases surge, officials urge over-60s to get vaccinated China reports 5,280 new infections — more than double the previous day's tally — as the highly transmissible Omicron variant forces lockdowns and spreads across a country that has stuck tightly to a zero-COVID-19 strategy. ABC News · Mar 16, 2022
Dutton raises prospect of 'military force' There are "ominous signs" emerging from an "unholy" alliance between Russia and China, Peter Dutton has told the United States Studies Centre. AAP · Mar 16, 2022
Volkswagen To Shift More Production To China, North America As Russia-Ukraine War Roils Europe Supply Chain Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Tuesday that the German automaker is shifting more production out of Europe to China, North America and Latin America to cope with supply chain issues stemming from Russia’s invasion of Uk Benzinga · Mar 16, 2022
China’s goal with Putin is to resist US without economic pain China’s support for Russia in the war in Ukraine is showing its limits as the domestic costs for Chinese President Xi Jinping start to outweigh the benefits of confronting the U.S. Tribune News Service · Mar 16, 2022
Peter Dutton escalates criticism of Vladimir Putin, says Russian invasion was a miscalculation The Defence Minister labels Vladimir Putin a "paranoid and utterly ruthless" dictator and says his invasion of Ukraine was a "miscalculation", while ratcheting up his warning about Russia and China's "unholy alliance". ABC News · Mar 16, 2022
Singapore: China should use enormous influence on Russia Singapore’s top diplomat said he hopes China will use its “enormous influence” on Russia to help end its war with Ukraine, warning that Beijing’s decisions in the coming days and weeks could determine the future path of the global economy. Bangkok Post · Mar 16, 2022
Tibet's armed resistance to Chinese invasion Part 4: 1958—the Chushi Gangdruk unify the uprising Reason · Mar 15, 2022
‘Turning point’: War in Ukraine tests shaky US-China relations Beijing’s stance on the Russian invasion of Ukraine could define future ties with Washington, analysts say. Al Jazeera · Mar 15, 2022
Benzinga · Mar 15, 2022 Astellas' Menopause Drug Suffers Setback After Failed Asian Trial After acing a pair of phase 3 trials, Astellas Pharma Inc (OTC:ALPMF) has reported the failure of fezolinetant to beat placebo in a late-stage study of patients in Asia. The study randomized 302 women in China, Korea, and Taiwan. After 12 weeks, Astellas saw numerical improvements in the rate of hot flashes from baseline…
Benzinga · Mar 15, 2022 China And Saudi Arabia In Talks To Price Oil Sales In Yuan: Report Saudi and Chinese officials have been holding ongoing discussions about pricing of some of the Gulf nation’s oil sales in yuan rather than dollars or euros.
ABC News · Mar 15, 2022 Government commits $240 million to critical minerals projects in mission to end Australia's reliance on China The federal government commits $240 million to developing its own critical minerals industry, as fears of a Chinese "monopoly" on the materials drives Australia to find its own supplies.
The Canberra Times · Mar 15, 2022 Lowy Institute flags slower growth in China A leading think tank believes China's economic growth will be slower than first predicted.
StockNews.com · Mar 15, 2022 5 Small-Cap Stocks to Buy to Take Advantage of Rising Steel Prices A global steel shortage caused by lower supply from major exporters China, Russia, and Ukraine has pushed up steel prices of late. But given the strong demand from a reopening global economy, other countries' producers should benefit. So, small-cap steel stocks TimkenSteel (TMST), Insteel Industries (IIIN), Mesabi (MSB), Synalloy (SYNL),…
The Independent UK · Mar 15, 2022 Ex-hedge fund CEO aims to be hometown boy in key Senate race As CEO of the world’s largest hedge fund, David McCormick wore suits, lived on Connecticut’s ritzy Gold Coast and talked up bipartisanship
Benzinga · Mar 15, 2022 Kingsoft Cloud Weighs Dual Listing In Hong Kong As China's Geopolitical, Regulatory Risks Trigger Industry-Wide Selloff China's leading cloud service provider Kingsoft Cloud Holdings Ltd (NASDAQ:KC), weighed a dual listing of its shares on the Hong Kong Stock Exchange. Analyst Rating: JPMorgan analyst Alex Yao downgraded Kingsoft to Underweight from Neutral with a price target of $3.50, down from $8 (17.7% upside). Yao found the China internet sector is unattractive on a 6-12…
France 24 · Mar 15, 2022 Russia says 'counts on China': Kremlin denies asking China for military help How far is China willing to go to support Russia amid its war in Ukraine? Washington has warned there will be consequences if Beijing offers financial assistance or military support to Moscow. Vladimir Putin and Xi Jinping may have pledged a no limits relationship, but there is a cost to…
StockNews.com · Mar 15, 2022 Is Transocean an Offshore Drilling Stock Worth Buying? Shares of Switzerland-based offshore oil and natural gas drilling company Transocean (RIG) have gained momentum over the past month, thanks to the skyrocketing rally in crude oil prices. However, because oil prices have declined this week on hopes of a resolution of the Ukraine-Russia war and faltering demand due to…
Benzinga · Mar 15, 2022 Why Hollysys Automation Shares Are Soaring Today The state-owned operator of Beijing's railway and the subway weighed a takeover bid for Hollysys Automation Technologies Ltd (NASDAQ:HOLI), valuing it at $1.9 billion, Bloomberg reports. Beijing Infrastructure Investment Co looked to take Hollysys private following a deal based on its preliminary discussions. Hollysys offers integrated solutions for industrial automation and rail transport.…
Benzinga · Mar 15, 2022 China Yuchai Incorporates JV Subsidiary Developing Fuel Cell Powertrain Systems China Yuchai International Limited (NYSE:CYD) subsidiary GYMCL stated that the joint venture, Beijing Yuchai Xingshunda New Energy Technology Co., Ltd., has been incorporated in the Daxing District, Beijing, China, with registered capital of RMB 10 million. Related: China Yuchai Forms JV To Develop Fuel Cell Powertrain Systems The joint venture combines the resources of…