Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
It has cycled back into relevance following the Trump administration’s invasion of Venezuela and the seizure of its oil, which, despite its carnivalesque tone, left at least 80 people dead. The Iran war has now ...
Category: Business
Cathay Says Surcharge to Rise as Fuel Prices Jump During Mideast War
By Tommy Wang Hong Kong aviation giant Cathay Pacific said on Wednesday that fuel surcharges would rise after prices soared in March with the outbreak of war in the Middle East. The price of fuel ...
Senegal Clears Chinese Firm’s Sanitary Pads After Probe Into Expired Materials
Senegal's minister of health said on Thursday that menstrual pads made by a leading Chinese firm embroiled in a scandal over expired materials were safe for consumers, following an investigation. Products containing expired polyethylene film made by the company Softcare were ...
Chinese Experts Warn Investors to Reconsider Gulf Bets as Middle East Risks Escalate
In the face of historic security threats across the Middle East, Chinese economic and legal experts are urging investors to implement geopolitical risk management immediately. The warning specifically targets the Gulf states, a region that has become a premier hotspot for ...
Shanghai Stocks Retreat from Decade High; HK Extends Losses on Mideast Conflict
Shanghai shares briefly touched a decade high before reversing to trade lower by midday on Tuesday, while Hong Kong stocks extended their decline, as the Middle East war dampened sentiment and fuelled risk aversion across regional markets. ** The U.S.-Israel ...
Shanghai Stocks Close at 10-Year High as Iran Conflict Boosts Energy and Gold Shares; HK Drops
Shanghai stocks closed at a 10-year high on Monday, bucking regional weakness in the wake of the Iran conflict as investors snapped up energy, gold and defense shares. Mainland sentiment was supported by expectations that Beijing may step in to steady markets ahead of a ...
Analysis from Cobus van Staden
China Stocks Steady as Surges in Energy, Defense Shares Offset Airline Losses; HK Drops
China's equity benchmarks were little changed on Monday in the wake of the Iran conflict as surges in energy, defense and gold stocks offset plunges in airline and tourism shares. Mainland sentiment was supported by expectations that Beijing may step in ...
Asian Oil Buyers Assess Stockpiles, Middle East Alternatives as Iran Conflict Escalates
By Heejin Kim and Nidhi Verma Asian governments and refiners rushed to assess oil stockpiles as well as alternative shipping routes and supplies as the Iran conflict disrupted shipping in the crucial
Latin America Split Over How to Counter China’s Steel Surge
Argentina terminated anti-dumping duties on Chinese aluminum foil, removing trade barriers that had restricted shipments from China and reopening the market to Chinese producers. The move marks a notable shift in South America’s trade posture toward Chinese industrial exports, even as ...
China Slowdown Hits Rio Tinto Earnings Despite Revenue Gains
Mining giant Rio Tinto's net profit fell in 2025 as costs climbed and it took a hit from a slump in the Chinese economy, company results showed Thursday. The British-Australian firm said the results "demonstrate clear progress as we embed our ...
Dangote Signs $400 Million Equipment Deal With China’s XCMG to Speed up Refinery Expansion
By Isaac Anyaogu Nigeria's Dangote Group has signed a $400 million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.
Nigeria Opens Probe Into Temu Over Suspected Data Protection Breaches
Nigeria's data watchdog has opened a probe into Chinese-owned e-commerce giant Temu for suspected violations of data laws, the regulator said on Tuesday, a move that could lead to legal penalties in one of Africa's biggest markets. The Nigeria Data Protection ...
Q&A: The “Guanxi”: An Anthropological Look at the Chinese Businessman in Peru
The recent scandal dubbed “ Chifagate ” and the revelations about the so-called “ Dragon Club ” have once again put the relationship between Peruvian political power and Asian investments under scrutiny. However, beyond the anecdote of a dinner at a chifa or ...