4 d. ago Nvidia Stock Is Stuck Amid China Chip Fears. This Analyst Still Expects Gains.

Nvidia Stock Is Stuck Amid China Chip Fears. This Analyst Still Expects Gains.  Barron's

Politics

5 d. ago 2 supertankers sailing to pick up Venezuelan oil for China make U

Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the US oil embargo on the Opec country have made U-turns and are now heading back to Asia, LSEG shipping data showed on Monday. Following the US announcement last week of a US$2 billion deal to export up to 50 million barrels of Venezuelan oil stuck in storage, US President Donald Trump said China would not be deprived of Venezuela’s crude. But the Asian country, the first market of the...

Events

8 d. ago US is stuck on oil, while China thinks globally about its energy

US is stuck on oil, while China thinks globally about its energy  Yahoo Finance

Politics

1 week ago Air China’s HK$1.32 billion Cathay stake sale ‘tactical’, Hong Kong carrier CEO says

Air China has sold part of its stake in Cathay Pacific Airways for HK$1.32 billion (US$167 million), but the Hong Kong carrier’s CEO has said the move will not affect the mainland airline’s role as a strategic shareholder. Cathay Group CEO Ronald Lam Siu-por said on Tuesday that the sale of a 1.6 per cent stake in the company was a “tactical” move, as he unveiled events marking the carrier’s 80th anniversary. “I believe and understand that this is only tactical. Air China will remain our...

Economics

1 week ago Cathay Pacific CEO says Air China's $170 million stake sale a 'tactical' move

Cathay Pacific CEO says Air China's $170 million stake sale a 'tactical' move  Reuters

Economics

2 w. ago US fusion strategy stuck in past as China moves ahead, CEO warns

US fusion strategy stuck in past as China moves ahead, CEO warns  Fox Business

Events

2 w. ago ‘CEO monk’ scandal: China creates new oversight body for Buddhist clergy

China’s official national Buddhist association has established its first supervisory body less than six months after the high-profile downfall of the “CEO monk”, former Shaolin Temple abbot Shi Yongxin. The move to improve oversight of Chinese Buddhist monks’ conduct was announced on Tuesday, a day after the Buddhist Association of China’s (BAC) 11th national congress concluded in Beijing. Shi Zhengci, the abbot of Wuzu Temple in Huangmei county, Hubei province, was elected as the association’s...

Politics

2 w. ago Tongue stuck to freezing pole? Police rescue southerner in northeast China

Tongue stuck to freezing pole? Police rescue southerner in northeast China  Xinhua

Events

4 w. ago TikTok reaches new US deal; China’s answer to Nvidia’s A100: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. TikTok reaches deal on new US venture with American investor group In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees that the company has signed a binding agreement to divest its US entity into a joint venture controlled by a consortium of American investors. 2. Chinese team builds optical chip...

Politics