MSC targets booming vehicle carrier market with $700 million bid for Gram The deal was announced to coincide with the release of Gram's first-quarter results, which showed the car carrier market is continuing to boom with soaring charter rates, record...
Many foreign-invested importers of Taiwanese goods in mainland China, including those in the market for components for phones and PCs that are assembled for re-export, have moved operations to Southeast Asia or further afield because of trade schisms between Beijing...
“We hope the government can use actual actions and excellent results as its strongest rebuttal to smears of Hong Kong by foreign forces that say ‘Hong Kong is dead’ or ‘recovery is unlikely’,” he said.The lawmaker said the government must...
Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the industry is on the cusp of sustained profitability after years of losses.Key indicators point to the market having bottomed. Foremost was the drop in the...
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, reported a 13 per cent drop in profit for the first quarter as fewer new listings and lower turnover took a toll.Net profit for the January-to-March period came...
Reuters exclusively reported on April 5 that Tesla had scrapped plans for the Model 2, which investors had expected to drive Tesla’s growth into a mass-market carmaker. Musk initially reacted to that story with a post on his social platform...
The gateway’s long-serving chief executive will be replaced by Charlie Jenkins, who is overseeing the widening and deepening of Houston’s ship channel. READ SOURCE...
Hong Kong has achieved a “soft landing” with the enactment of its domestic national security law, a top government adviser has said, pointing to the “relatively gentle” reaction from the international and local community to the legislation.Regina Ip Lau Suk-yee,...
Despite souring relations, there is still great potential for China and the European Union to boost their agri-food trade, the EU’s chief agricultural official said while urging Beijing to increase its purchases from Ukraine.Janusz Wojciechowski, the EU agriculture commissioner, said...
Around 18 million EVs are projected to be made next year, up from 10.5 million last year. But growing capacity alone does not quite equate with overcapacity. Unlike the solar industry a decade ago, the dynamics for the EV industry...
