Activity in China’s services sector fell in April to its weakest level since the early days of the pandemic, according to one indicator, as lockdowns aimed at containing Covid-19 shut Continue Reading
The European Commission on Wednesday proposed one of the most sweeping changes to global energy flows in history. But the oil price barely responded. Brent, the international benchmark, rose 3.8 Continue Reading
India registered about 475,000 more total deaths in 2020 than the previous year, government data released months ahead of schedule on Tuesday showed, as the World Health Organization readies its Continue Reading
China’s independent refiners have been discreetly buying Russian oil at steep discounts as western countries suspend their own purchases and explore potential embargoes because of the war in Ukraine. An Continue Reading
The Chinese capital Beijing shut dozens of metro stations and bus routes on Wednesday in its campaign to stop the spread of COVID-19 and avoid the fate of Shanghai where Continue Reading
North Korea’s office workers and factory laborers have been dispatched to farming areas around the country to join a fight against drought, state media reported on Wednesday, amid concerns over Continue Reading
The central Chinese city of Zhengzhou announced on Tuesday it would impose new COVID-related movement curbs for May 4-10. Schools in the main city district will go online, while employees Continue Reading
Some of Shanghai’s 25 million people managed to get out on Tuesday for short walks and shopping after enduring more than a month under a COVID-19 lockdown, while China’s capital, Continue Reading
Highlights New gasoline, gasoil, jet fuel quota allocations unlikely until H2 Beijing aims to issue new fuel oil export quotas soon Refineries will increasingly need to adjust product slates China Continue Reading
Two months after warning that Beijing appeared poised to help Russia in its fight against Ukraine, senior U.S. officials say they have not detected overt Chinese military and economic support, Continue Reading
