Oil prices fell on Monday as the fallout from the coronavirus outbreak continues to sap Chinese demand for energy. As of 11:30 EST, U.S. West Texas Intermediate futures fell 0.85 percent to $49.97 per barrel, while Brent Crude […]
News Analysis China has stepped up economic support measures in recent weeks to prop up a domestic economy straining under the coronavirus outbreak. Most businesses and business activities have shut down since the Chinese New Year in […]
Safe-haven assets such as U.S. Treasuries and gold have rallied while risky assets like stocks and emerging market currencies have lost steam, as jitters surrounding the coronavirus outbreak ripple through markets and fears of a global pandemic grow. “In […]
WASHINGTON—As the new coronavirus epidemic continues to spread across China, fears of reduced travel and a global economic slowdown sent oil prices plummeting over the past week. West Texas Intermediate (WTI) crude fell on Jan. 31, posting […]
News Analysis Chinese suppliers in coronavirus zones may declare “force majeure” to legally terminate export supply chain deliveries and cause many global factories to begin running out of parts within three weeks, IHS Markit warned. […]
The popular messaging service WhatsApp is down for thousands of people across Asia, Europe, and South America. According to Down Detector, there was a spike in users reporting problems using the app on the morning […]
Commentary Environmental, social, and governance (ESG) investing standards—also called “sustainable investing” and “socially responsible investing”—have taken on greater importance in the investment community in recent years. Such investing has also reached the shores of China. […]
The United States and the Chinese regime on Jan. 15 signed a “phase-one” trade deal, cooling tensions between the world’s two largest economies in an 18-month trade war. Prior to the deal, the United States agreed […]
Commentary The 19-month U.S.–China trade dispute has led to a realignment of global supply chain and exacerbated China’s economic woes. But as a side effect, senior Chinese officials have taken a break from fighting corruption […]
News Analysis China is hitting all-time records for daily crude oil import volumes, just as the military confrontation between the United States and Iran threatens China’s energy supply security. The General Administration of Customs announced […]
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