China Evergrande Group has officially been labeled a defaulter for the first time, the latest milestone in months-long financial drama that paves the way for a massive restructuring of the Continue Reading
The reemergence of COVID-19 in the Chinese Ningbo city, which houses state owned oil and gas major Sinopec’s flagship 27 million mt/year (540,000 b/d) Zhenhai Petrochemical refinery, will have little Continue Reading
China’s soybean demand in marketing year 2021-22 (October-September) is expected to remain robust as the domestic production forecast was lowered, the monthly China Agriculture Supply and Demand Estimates report released Continue Reading
A deadly virus can’t be ignored, jailed, exiled or co-opted — nor can it be locked down without great economic cost. That puts President Vladimir Putin of Russia in a Continue Reading
The US Energy Information Administration (EIA)’s December Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. Notably, the emergence Continue Reading
The Omicron variant of the coronavirus can partially evade the protection from two doses of Pfizer Inc (PFE.N) and partner BioNTech’s COVID-19 vaccine, the research head of a laboratory at Continue Reading
The first in-depth laboratory study of the omicron variant of the coronavirus offers a mixed bag of bad news and good news. The bad: This variant is extremely slippery. It eludes a Continue Reading
The Omicron variant of coronavirus forced governments across the world to tighten border controls, hasten vaccination drives and reinstate social distancing last week. But in Dalian, China, authorities reclassified the Continue Reading
Highlights Impact on trucking, depot activity yet to be ascertained Supply chain disruptions may add to cargo backlog China has imposed a 14-day lockdown at Zhenhai, one of the six Continue Reading
Highlights Exports seen rebounding in Q1: sources Steel production also seen rising in Q1 Jan-Nov net finished exports up 62% on year No ‘supply-side reform’ mentioned in Politburo meeting Tough Continue Reading
