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Thursday, May 16
by
SRN News
China new home prices fall at fastest pace in over 9 years
BEIJING (Reuters) – China’s new home prices fell at the fastest monthly pace in over nine years in April, keeping pressure on authorities as intensified efforts to prop up the ailing property sector show few signs of paying off. ...
Thursday, May 16
by
SRN News
Morning Bid: Markets upbeat ahead of China data dump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets go into Friday’s session looking to end a strong week on a positive note, and there appears to be no obvious reason why the recent upswing ...
Thursday, May 16
by
SRN News
Gazprom CEO Miller is not on Putin’s China trip
MOSCOW (Reuters) -Gazprom CEO Alexei Miller was not on Russian President Vladimir Putin’s state visit to China because he was holding talks with the Iranian leadership, the world’s biggest natural gas company said on Thursday. Gazprom, which holds about 16% of global gas reserves and ...
Thursday, May 16
by
SRN News
Factbox-Top takeaways from Putin’s trip to China
MOSCOW (Reuters) – Russian President Vladimir Putin made a state visit to China on Thursday where he was greeted by China’s Xi Jinping. What are the main takeaways from the visit? * Xi and Putin declare a “new era” partnership: In ...
Thursday, May 16
by
SRN News
Philippine group calls civilian mission in South China Sea a ‘major victory’
MANILA/BEIJING (Reuters) -A Philippine group leading a civilian supply mission in the South China Sea delivered food and fuel to Filipino fishermen despite being shadowed by Chinese vessels, its officials said on Thursday, calling it a “major victory”. A 10-member team was sent by ...
Thursday, May 16
by
SRN News
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
TOKYO (AP) — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China. “Honda has not changed its belief that EVs ...
Thursday, May 16
by
SRN News
China property shares jump on report of government plans to buy unsold homes
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers rallied on Thursday after a report that China was considering a plan for local governments across the country to buy millions of unsold homes from distressed companies to ease a protracted property crisis. Hong Kong’s ...
Thursday, May 16
by
SRN News
China and Cambodia begin 15-day military exercises as questions grow about Beijing’s influence
SVAY CHOK, Cambodia (AP) — Cambodia and China began 15-day military exercises on Thursday as questions grow about Beijing’s increasing influence in the Southeast Asian nation. About 1,315 Cambodian military personnel and 760 Chinese are participating in the regular “Golden Dragon” ground and sea maneuvers, ...
Thursday, May 16
by
SRN News
Analysis-As US hikes China tariffs, imports soar from China-reliant Vietnam
By Francesco Guarascio HANOI (Reuters) – As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show. The surge in ...
Thursday, May 16
by
SRN News
Singapore Airlines CEO says travel out of China not yet recovered
By Lisa Barrington SEOUL (Reuters) – Air travel demand from China is not back to pre-pandemic levels for Singapore Airlines, but a visa-free scheme for Chinese citizens to the Asian hub has helped fill seats and the airline will add more ...
Wednesday, May 15
by
SRN News
What to know about Vladimir Putin’s visit to China
Russian President Vladimir Putin’s visit to China starting Thursday underlines an increasingly close partnership between the two allies who oppose the U.S.-led democratic order. China, led by President Xi Jinping, has offered robust diplomatic support to Moscow after its invasion of Ukraine and has emerged ...
Wednesday, May 15
by
SRN News
Putin arrives in China to deepen strategic partnership with Xi
By Guy Faulconbridge MOSCOW (Reuters) -Russian President Vladimir Putin arrived in Beijing early on Thursday for talks with Xi Jinping that the Kremlin hopes will deepen a strategic partnership between the two most powerful geopolitical rivals of the United States. China and Russia declared a “no ...
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