2+ day, 16+ hour ago   (155+ words) China remains by far the world’s coal heavyweight: Its power sector alone consumes one-third of the world’s coal. Rising natural gas prices wrought by the Iran war will boost global coal consumption to a new record of nearly 9 billion metric…...

2+ day, 20+ hour ago   (149+ words) Higher energy and food prices pushed inflation up, adding to cost worries in a country that until recently was threatened with deflation. Chinese inflation accelerates for first time in months China’s inflation accelerated for the first time in months, compounding…...

4+ day, 19+ hour ago   (207+ words) Semafor Diplomacy in focus as Gulf leaders visit Berlin, Beijing Beijing and Berlin are on the itineraries of Gulf leaders this week, with diplomacy and economic resilience in focus as the Iran war grinds on. UAE President Sheikh Mohamed bin…...

1+ week, 1+ day ago   (230+ words) Fielding a question from Chinese state media on Sunday, a senior government official from Saudi Arabia touted a “great wave” of scientific innovation emerging from China, and pledged the two countries would further deepen their ties, Xinhua reported. The press…...

1+ week, 2+ day ago   (727+ words) Saudi Arabia’s deepest crude discount since the pandemic points to deeper divisions within the world’s most important oil group, and potentially to Riyadh’s mounting anxiety about losing market share. Saudi Aramco has priced its flagship Arab Light crude for Asian…...

1+ week, 4+ day ago   (138+ words) Currencies from South Korea, Taiwan, and Malaysia have outperformed those in countries less exposed to Silicon Valley’s spending. The US’ insatiable appetite for AI is lifting currencies halfway around the world Currencies from South Korea, Taiwan, and Malaysia — which…...

1+ week, 5+ day ago   (146+ words) Beijing flexed its diplomatic might at the Shanghai Cooperation Organization summit in Kyrgyzstan. Chinese leader Xi Jinping pledged stronger ties with Russia after meeting President Vladimir Putin on Monday, as Beijing flexed its diplomatic might at the Shanghai Cooperation Organization…...

1+ week, 5+ day ago   (133+ words) Beijing’s export-oriented industries have helped buoy the country’s economy for years as domestic consumption has faltered. Chinese manufacturing activity falls for second consecutive month China’s factory activity shrunk for a second consecutive month, further compounding the challenges for the world’s…...

2+ week, 3+ day ago   (145+ words) Several metrics have shown that China’s domestic economy is slowing, potentially to below Beijing’s official growth target. Beijing looks to cutting-edge technology to revive flagging growth Chinese authorities indicated they would not increase government spending to revive flagging economic growth,…...

2+ week, 5+ day ago   (148+ words) Investors worldwide fret that tech firms’ revenues are struggling to keep up with the AI spending spree. Alibaba raises $10 billion to keep up in the AI race Chinese tech giant Alibaba raised $10 billion in Hong Kong’s biggest-ever secondary share sale…...