GLOBEALERT
Sign in

Feed

Open sources, classified and cross-checked. 217+ stories.

AllConflictMilitaryPoliticsBusinessSci & TechCyberDisasterHealthWorld
24h3 days7 days30 daysAll·All regionsNorth AmericaSouth AmericaWestern EuropeEastern EuropeBalticsMiddle EastNorth AfricaSub-Saharan AfricaSouth AsiaEast AsiaOceania
BUSINESS5d agoHow China and the EU pressed pause on trade war – and what it took to get thereWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war. Beijing agreed not to retaliate against Brussels’ move to curb imports of Chinese hybrid cars,...South China Morning Post
BUSINESS5d agoThe U.S. and China created a new 'Trade Board' built on buzz wordsThe governing document for the coalition to haggle over tariffs spans just two pages and lists no authors.latimes · united states of america
BUSINESS5d agoFew Hong Kong investors take interest in listing by Africa’s top phone maker TranssionShenzhen Transsion Holdings drew a lukewarm response for its HK$3.36 billion (US$428 million) Hong Kong share offering, heightening worries over market sentiment for new listings in the fourth quarter. The maker of Africa’s bestselling phones closed its bookbuilding on Monday, with preliminary figures showing the offering attracted about 14,000 applications and was oversubscribed roughly 3.5 times, according to people familiar with the matter. Retail participation in Hong Kong initial public...South China Morning Post
BUSINESS5d agoMapping US chip supply chain: China accounts for far more than it appears, report saysChina accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA). While 95 per cent of the nearly US$27 billion annual spending by American chipmakers on manufacturing equipment and materials was sourced from companies headquartered in the US, Europe, and Japan, that figure...South China Morning Post
BUSINESS5d agoVolkswagen sees sharpest delivery decline in four years; China volumes tumble almost 39%Volkswagen has experienced its sharpest decline in deliveries in four years, with volumes in China falling significantly. This indicates a notable downturn in performance for the major automotive company.Seeking Alpha Tech
BUSINESS5d agoChina-EU car deal eases trade tensions for now at leastChina agreed to cut millions of hybrid car exports to the European Union over the next four years, easing simmering trade tensions ahead of a key meeting of European leaders later this week. The deal will slow exports to half or less the pace currently predicted by the EU, the bloc’s trade chief, Maros Sefcovic, told a press conference in Beijing on Friday after two days of negotiations. Next year alone, it will pare shipments by up to 700,000 vehicles and trim as much as €14 billion (US$16...South China Morning Post
BUSINESS5d agoBank of Korea chief apologizes over ETF risk warnings, signals possible rate hikesBank of Korea Gov. Shin Hyun-song apologized for inadequate warnings on single-stock leveraged ETF risks and said further interest rate hikes remain possible as inflation persists.koreajoongangdaily_joins · south korea
BUSINESS5d agoSuspended Thai Airways CEO sells 45,000 shares on October 9Chai Eamsiri retains 500 Thai Airways shares after a 252,000-baht sale, a week after his suspension following the airline’s baggage crisis.nationthailand · thailand
BUSINESS5d agoBrake-pedal failures in luxury EV put Chinese cars’ quality in regulatory spotlightA safety failure spotted in tests of a Chinese electric vehicle (EV) made by a Huawei Technologies-backed luxury brand has raised doubts about the cars many consumers view as a source of national pride, while prompting regulators to step up policing of quality and reliability. The Ministry of Industry and Information Technology (MIIT), along with three other ministry-level authorities, published draft rules on Saturday that would govern testing of new car models. The move came after a video...South China Morning Post
BUSINESS5d agoVolkswagen third quarter deliveries fall on plummeting China demandVolkswagen experienced a decline in third-quarter deliveries due to a significant drop in demand from China. This highlights challenges faced by the automotive giant in a key international market.investing_us · united states of america
BUSINESS5d agoGoldman Sachs president urges market reforms to boost Shanghai’s financial hub roleGoldman Sachs president John Waldron has called on China to loosen foreign exchange rules, ease cross-border data restrictions and improve regulatory transparency as the country’s policymakers seek to strengthen Shanghai’s role as an international financial centre. Waldron, also the investment bank’s chief operating officer and widely seen as a front runner to succeed its current CEO David Solomon, expressed confidence in the city’s potential at an annual meeting of business leaders advising the...South China Morning Post
BUSINESS5d agoAsian markets mixed following Wall Street gains; heavy earnings week aheadAsian markets are experiencing mixed results following Wall Street gains, with a busy earnings week anticipated. This indicates current market sentiment and future economic activity in the region.Seeking Alpha Tech
BUSINESS5d agoYeoju, GS Retail Launch Sweet Potato Salads at GS25 StoresYeoju and GS Retail will sell sweet potato salads under the "Daewangnimpyo Yeoju" brand at GS25 stores nationwide, starting on the 13th.sedaily · south korea
BUSINESS5d agoAirAsia founder denies state bailout talks despite insiders’ claimsAirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline, according to three people with knowledge of the matter. The talks reflect growing government concerns about the financial health of the country’s largest domestic carrier following a spike in jet fuel prices, the people said. Discussions centred on the prospect of the government backing AirAsia’s fundraising...South China Morning Post
BUSINESS5d agoSouth Korea hails success of its first Arctic shipping trialA South Korean container ship has returned from a trial voyage through the Arctic, testing an alternative route opened by melting sea ice as conflict in the Middle East disrupts global shipping. The PanStar Acro made the round trip to Europe in less time than the conventional route through the Suez Canal, officials said. The initiative has drawn concerns that increased traffic could accelerate Arctic ice loss. The Arctic route could also expose operators to sanctions-related risks because it...South China Morning Post
BUSINESS5d agoBeijing moves to steady A-share market after sharp tech sell-offChina’s top securities regulator has signalled fresh support for the domestic A-share market, convening a symposium over the weekend as authorities sought to shore up sentiment following a sharp sell-off in technology shares driven by concerns over US sanctions. The China Securities Regulatory Commission (CSRC) brought together executives from listed companies and experts from securities firms and fund managers at a meeting in Beijing on Saturday to “discuss the country’s capital markets and...South China Morning Post
BUSINESS5d agoThe game changer in Hong Kong’s gold ambition? Shenzhen’s jewellery hubBeijing is building a gold-backed monetary architecture to accelerate yuan internationalisation. In this three-part series, Part 1 traces China’s path as a gold superpower, while Part 2 explores the crucial role of Hong Kong’s offshore vaulting infrastructure. Hong Kong’s ambition to become an international gold trading centre rests not only on serving the nation’s financial needs, but also on China’s booming consumer market for gold. As the world’s largest gold producer and importer, China...South China Morning Post
BUSINESS5d agoWhy China is importing a record amount of gold — and what it means for pricesBeijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold buying.CNBC
BUSINESS5d agoHong Kong must ease listing rules to attract more angel funds and start-ups: HKEIAHong Kong would need to ease its listing rules and transaction requirements to attract more angel funds and become a hub for start-ups to go global, according to a leading industry body in the city. The city has only around 100 active angel funds – private investment vehicles targeting very early-stage innovative enterprises. This was far fewer than Shenzhen, which had about 400 such institutions, according to Samson Tam Wai-ho, honorary chairman of the Hong Kong Electronic Industries...South China Morning Post
BUSINESS5d agoLaopu Gold deepens Hong Kong footprint with entire-floor lease at Central tower: sourcesBeijing-based jeweller Laopu Gold has leased an entire mid-floor at One Exchange Square in Central to support its global expansion, according to two sources familiar with the matter. The brand was taking around 13,000 square feet at the flagship Central tower, which houses Hong Kong Exchanges and Clearing (HKEX), one source said. The deal comes as mainland consumer firms and financial institutions increasingly anchor their presence in Hong Kong’s core business district. Recent transactions on...South China Morning Post
BUSINESS6d agoParis motor show: Macron calls for European preference against ChinaOn Monday, the French president will open his final Paris Motor Show, pushing his "Made in Europe" agenda: tying state aid for this key industry to genuinely EU-based production.EuroNews [en]
BUSINESS6d agoRound trip via Northern Sea Route a first for South Korean container shipIn vijftig dagen van Zuid-Korea naar Europa en weer terug met een gigantisch containerschip. Dat was lang onmogelijk, maar is nu gelukt. De 212 meter lange en 33 meter brede Panstar Acro vertrok op 22 augustus uit Busan, een havenstad in Zuid-Korea. Nu, vijftig dagen later, is het schip terug nadat het verschillende Europese havens heeft aangedaan, waaronder Rotterdam op 11 september. Dat is gelukt door een route te kiezen die tot een paar jaar geleden zonder ijsbreker onmogelijk was voor dit soort containerschepen. De Panstar Acro voer als eerste Zuid-Koreaanse containerschip heen en terug viNOS Buitenland
BUSINESS6d agoShipping lines, ICTSI tackle overstaying imports at MICTThe Association of International Shipping Lines and International Container Terminal Services recently…portcalls · united states of america
BUSINESS6d agoAISL, ICTSI tackle overstaying imports at MICTThe Association of International Shipping Lines and International Container Terminal Services, Inc…portcalls · united states of america
← NewerOlder →