Dole, probably the world’s biggest name in fruit products, is as American as it gets. Founded in Oahu, Hawaii, and headquartered in California, it dominates the space it operates in. In this part of the world, though, Dole Sunshine, as…
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No new pledges: China announces how it will meet peaking carbon emissions by 2030
China has announced how it will meet its target of peaking carbon emissions by 2030, according to a new document published by the country’s cabinet. China is the world’s biggest polluter by volume – although the US emits more carbon…
Russia and China hold first joint naval patrols in Pacific Ocean
Russian and Chinese warships have held their first joint patrols in the Pacific Ocean, Moscow has said. The two countries, which staged naval manoeuvres together in the Sea of Japan earlier this month, have forged closer military and diplomatic ties…
China to pilot property tax scheme in some regions -Xinhua
SHANGHAI (Reuters) -The top decision-making body of the Chinese parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported.FILE PHOTO: A man rides a scooter past apartment highrises…
China's new home prices stall for first time since COVID-19
BEIJING (Reuters) -China’s new home prices stalled for the first time since February 2020 in September, official data showed on Wednesday, as the chill in the property market intensified amid tightening credit due to an ongoing crackdown on speculative investment.FILE…
Chinese property bonds firm after Kaisa and Sunac make coupon payments
FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly SongHONG KONG (Reuters) – Chinese property bonds remained firm on Tuesday after two major developers made coupon…
China's bond markets slump again as new Evergrande deadline passes
SHANGHAI/LONDON (Reuters) – Chinese property firms’ bonds were hit with another wrecking ball on Monday as Evergrande looked set to miss its third round of bond payments in as many weeks and rivals Modern Land and Sinic became the latest…
Sailors injured as nuclear sub crashes into mystery object in in South China sea
A nuclear submarine struck an underwater object in the South China Sea with 140 crew members on board, the US Navy revealed. The USS Connecticut fast-attack submarine was heading to Guam through the disputed area when the vessel collided with…
We need more, EU and US urge China ahead of climate summit
BRUSSELS (REUTERS) – The United States and European Union’s climate envoys urged China to step up its targets to cut emissions on Thursday (Oct 7), adding to the pressure on the world’s biggest emitter ahead of the COP26 conference in…
China's Sept services activity returns to growth – Caixin PMI
FILE PHOTO: People look at the skyline of the Central Business District in Beijing, China, April 16, 2020. REUTERS/Thomas PeterBEIJING (Reuters) – Activity in China’s services sector returned to growth in September as a major COVID-19 outbreak in the eastern…