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Iran, Pakistan Seek to Patch Up Ties With Pledge to Boost Trade: Iran and Pakistan took steps to repair relations after deadly military strikes by the two Asian ...
bloomberg.com/news/articles/2024-04-23/iran-pakistan-seek-to-patch-up-ties-with-pledge-to-boost-trade
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TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
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Quick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
- Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.
- TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
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More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
China relied on extrajudicial means to force thousands of fugitives to repatriate, human rights activists say - ICIJ
icij.org/investigations/china-cables/china-relied-on-extrajudicial-means-to-force-thousands-of-fugitives-to-repatriate-human-rights-activists-say/
Quick Glance: China's Illegal Tactics for Repatriating Fugitives
- Over the past decade, China has forcibly repatriated more than 12,000 fugitives to combat corruption, according to a human rights group report.
- Under Xi Jinping's government, China heavily relied on extrajudicial methods like kidnappings, harassment, and intimidation to 'persuade' and coerce Chinese nationals in over 120 countries to return.
- 'Fox Hunt' and 'Sky Net' operations aim at repressing Chinese nationals abroad, including activists, journalists, and religious minorities.
- The Chinese government uses persuasion methods to compel suspects to return, bypassing host countries' legal systems, leading to international resistance.
US food regulator gathering information on Indian spices after alleged contamination
reuters.com/world/india/us-food-regulator-gathering-information-indian-spices-after-alleged-2024-04-27/
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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Hong Kong's Tor Investment Raises $310 Million for Asia Private Credit Fund: Hong Kong-based alternative credit manager Tor Investment Management has raised ...
bloomberg.com/news/articles/2024-04-26/tor-investment-raises-310-million-for-asia-private-credit-fund
China’s Putin Ties Risk Relations With EU, Top Diplomat Says: China needs to take a stand over Russia’s invasion of Ukraine and rein in its enormous trade ...
bloomberg.com/news/articles/2024-04-23/china-s-putin-ties-risk-relations-with-eu-top-diplomat-says
Fresh Support: The Bloomberg Open, Asia Edition: Good morning. US House approves $95 billion in foreign aid. China is front and center of gold’s rally ...
bloomberg.com/news/newsletters/2024-04-21/fresh-support-the-bloomberg-open-asia-edition
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
Hong Kong Home Prices Rise for First Time in 11 Months After Curbs Scrapped: Hong Kong home prices rose for the first time in almost a year in March as the ...
bloomberg.com/news/articles/2024-04-26/hong-kong-home-prices-rise-for-first-time-in-11-months-after-curbs-scrapped
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Quick Glance: Effect of Lifting Restrictions on Hong Kong Home Prices
- In March, Hong Kong saw an increase in home prices for the first time in almost a year following the lifting of property restrictions, leading to a revival in sales.
- The price index for private domestic homes rose by 1.06% from the previous month of February, breaking a 10-month declining trend.
- However, analysts express doubts about the sustainability of this growth as developers work to reduce excess inventory amid high borrowing costs impacting demand.
- The anticipation of prolonged higher interest rates is expected to exert further pressure on the market, potentially causing home prices to decline by an additional 5% to 10% this year if the Federal Reserve's rate adjustments fall short of expectations.
Hong Kong March home prices up 1.1%, first rise in nearly a year: Hong Kong's private home prices reversed a 10-month falling streak in March, climbing 1 ...
reuters.com/markets/asia/hong-kong-march-home-prices-up-11-first-rise-nearly-year-2024-04-26/
Quick Glance: Hong Kong Real Estate Market: Price Recovery in March
- In March, Hong Kong's real estate market saw a price recovery after the financial city lifted restrictions to boost the ailing market.
- Prices dropped by 1.8% in the first quarter, following a 20% decline from their 2021 peak due to higher mortgage rates and a weak market outlook.
- Nevertheless, prices are expected to remain subdued as property developers rushed to introduce new sales with discounts of up to 30%, attracting buying interest from the secondary market.
- A recent report by real estate agency Ricacorp revealed that 30% of transactions for second-hand homes were sold at a loss in the first quarter, with this trend likely continuing into the second quarter.
US investigates China's access to RISC-V — open standard instruction set may become new site of US-China chip war
tomshardware.com/tech-industry/us-investigates-chinas-access-to-risc-v-open-source-instruction-set-may-become-new-site-of-us-china-chip-war
'Negative' factors building in U.S.-China ties, foreign minister Wang tells Blinken
reuters.com/world/blinken-meet-chinese-counterpart-wang-yi-beijing-2024-04-26/
Acceleration: The Bloomberg Open, Asia Edition: Good morning. Tesla soars on plans to accelerate the launch of cheaper models. Companies raised a record amount ...
bloomberg.com/news/newsletters/2024-04-23/acceleration-the-bloomberg-open-asia-edition
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
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China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
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Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
Exclusive: Half of Russia's payments to China made through middlemen, sources say
reuters.com/business/finance/half-russias-payments-china-made-through-middlemen-sources-say-2024-04-26/
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
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Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...
reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/
TikTok raises free speech concerns on bill passed by US House that may ban app: TikTok on Sunday repeated its free-speech concerns about a bill passed by the ...
reuters.com/technology/tiktok-raises-free-speech-concerns-bill-passed-by-us-house-that-may-ban-app-2024-04-21/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
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Quick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
Agency bars Chinese telecom carriers from offering US broadband services: The Federal Communications Commission said on Thursday it is ordering the U.S ...
reuters.com/business/media-telecom/agency-bars-chinese-telecom-carriers-offering-us-broadband-services-2024-04-25/
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developers-reveal-wave-of-job-cuts
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
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As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
Desmond Shum on how Xi Jinping beat down China’s red aristocrats: It took one of their own to do it, says the businessman and author
economist.com/by-invitation/2024/04/22/desmond-shum-on-how-xi-jinping-beat-down-chinas-red-aristocrats
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
Israel-Iran tensions live news: Explosions as ‘drones downed’ over Isfahan: Tensions have soared in the Middle East more than six months into Israel’s war on ...
aljazeera.com/news/liveblog/2024/4/19/live-israel-launches-missile-attack-in-response-to-iran-assault
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
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Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
bloomberg.com/news/articles/2024-04-26/hong-kong-bourse-regains-favor-on-hopes-of-a-market-revival
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Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
India tells spice makers to give details of quality checks after Hong Kong allegations, source says
reut.rs/3w393JI
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
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US appeals court split over Florida ban on Chinese citizens owning property: A U.S. appeals court on Friday appeared divided over whether to block a Florida law ...
reuters.com/legal/government/us-appeals-court-split-over-florida-ban-chinese-citizens-owning-property-2024-04-19/
Quick Glance: Patti Smith Applauds Taylor Swift in 'Tortured Poets Department'
- Taylor Swift mentions Patti Smith in her new album 'The Tortured Poets Department'.
- Smith responded positively by posting photos of herself with a book by Dylan Thomas.
- Despite seeming different, Smith expressed understanding for Swift and praised her for potentially influencing fans positively.
- HuffPost calls for support for high-quality journalism that is freely accessible to all.
'Drag Race' winner Nymphia Wind wants Asian kids to see hope in her victory: In her exclusive first interview after winning 'RuPaul's Drag Race ...
ew.com/rupauls-drag-race-winner-nymphia-wind-exclusive-interview-8636500
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...
reuters.com/business/autos-transportation/xpeng-ceo-says-its-software-ai-upgrades-enter-super-fast-cycle-2024-04-25/
Russia Hosts China, Iran Security Chiefs to Discuss Cooperation: Russia’s Security Council Secretary Nikolai Patrushev and China’s security chief Chen Wenqing ...
bloomberg.com/news/articles/2024-04-23/russia-hosts-china-iran-security-chiefs-to-discuss-cooperation
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Tiffany Cheung, Hong Kong YouTuber who shared journey fighting cancer, dies at 32
scmp.com/news/hong-kong/society/article/3259937/tiffany-cheung-hong-kong-youtuber-who-shared-journey-fighting-cancer-dies-32
Going Strong: The Bloomberg Open, Asia Edition: Good morning. Netflix crushed its earnings but the second quarter may not be as rosy. China will be the top ...
bloomberg.com/news/newsletters/2024-04-18/going-strong-the-bloomberg-open-asia-edition
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China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
WhatsApp, Threads, more banished from Apple App Store in China: Still available in Hong Kong and Macau, for now
theregister.com/2024/04/19/whatsapp_threads_ban_china/
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
CVC Capital IPO Price Range Set for €1.6 Billion Amsterdam Listing: CVC Capital Partners and some of its investors are seeking to raise €1.6 billion ($1 ...
bloomberg.com/news/articles/2024-04-22/buyout-firm-cvc-sets-price-range-for-1-6-billion-amsterdam-ipo
Has Germany’s far-right AfD become a gateway for Chinese and Russian spies?: The arrest this week of an aide to the far-right Alternative for Germany (AfD)'s ...
france24.com/en/europe/20240426-has-germany-s-far-right-afd-become-a-gateway-for-chinese-and-russian-spies
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Hamad International in Doha named world’s best airport, Changi falls to second: Changi Airport was named the best airport in Asia and best in the world for its ...
straitstimes.com/singapore/hamad-international-in-doha-named-world-s-best-airport-changi-falls-to-second
China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...
bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...
bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Indian brands MDH, Everest spices banned in Hong Kong, Singapore; here's why - News | Khaleej Times
khaleejtimes.com/world/indian-brands-mdh-everest-spices-banned-in-hong-kong-singapore-heres-why
Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls
- Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.
- An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.
- The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.
- According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.
InnovationRx: Legislation Could Prevent Pharma Companies From Working With Chinese Contractors
forbes.com/sites/katiejennings/2024/04/17/innovationrx-legislation-could-prevent-pharma-companies-from-working-with-chinese-contractors/
Heavy Rains and a Water Spout Hit Southern China: Bad weather in Guangdong Province forced evacuations as forecasters warned of more rain and potential flooding.
nytimes.com/2024/04/21/world/asia/china-rain-hong-kong-waterspout.html
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Senate passes bill to force ByteDance to sell TikTok or face a US ban of the app: Congress took a decisive step on Tuesday to force
scmp.com/news/china/article/3260118/senate-passes-bill-force-bytedance-sell-tiktok-or-face-us-ban-app
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
China's US envoy urges cooperation, cites 'severe' challenges: China's ambassador to the United States urged the two superpowers to cooperate on improving ...
reuters.com/world/chinas-us-envoy-urges-cooperation-cites-severe-challenges-2024-04-21/
How 139-year-old Hong Kong umbrella maker weathered storms from political instability to the Japanese – but not Jet Li
scmp.com/lifestyle/arts-culture/article/3260189/how-139-year-old-hong-kong-umbrella-maker-weathered-storms-political-instability-japanese-not-jet-li
Blinken calls for US, China to manage differences on charm offensive: SHANGHAI: US Secretary of State Antony Blinken called on Thursday (Apr 25) on the United ...
channelnewsasia.com/world/china-us-blinken-charm-offensive-manage-differences-4290771
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
Owner of exploded Michigan building arrested at airport while trying to leave US, authorities say
apnews.com/article/industrial-fire-suburban-detroit-involuntary-manslaughter-charge-b99a83d9a7a360dd09846df52d8b0a40
3 African runners 'allowed Chinese athlete to finish first': China revokes win for He Jie after investigation into half marathon
asiaone.com/china/3-african-runners-allowed-chinese-athlete-finish-first-china-revokes-win-he-jie-after
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
As Measles Spreads Through U.S., Cases In Europe And Central Asia Surge: Alarming measles outbreaks in U.S., Europe And Asia tied to growing vaccine hesitancy ...
forbes.com/sites/joshuacohen/2024/04/14/alarming-measles-outbreaks-surge-across-europe-and-central-asia/
Quick Glance: Measles Resurgence: Key Updates for Your Practice
- Measles have returned to the US, primarily due to declining vaccination rates and increased international travel.
- The disease is highly contagious, affecting areas with low vaccination coverage, even in states with high rates.
- Vaccination rates among kindergarteners have decreased, raising concerns about increased susceptibility to outbreaks.
- Emphasis is placed on combating misinformation about vaccines and improving public understanding of the severe risks posed by measles compared to the minimal risks of vaccination.
Farewell, Tin-yu: Family, friends bid goodbye to Hong Kong girl who died after 4 years in vegetative state
scmp.com/news/hong-kong/society/article/3259764/farewell-tin-yu-family-friends-bid-farewell-hong-kong-girl-who-died-after-4-years-vegetative-state
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