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Posted on March 31, 2025

China’s CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says

The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported on Monday. The ...

Posted on March 31, 2025

Trump’s tariffs threaten to escalate a trade war. China wants to talk, but it’s ready to fight

As Donald Trump’s April 2 “Liberation Day” for announcing “reciprocal” tariffs on America’s trading partners approaches, the question in Beijing is whether this will be the moment when its nascent ...

Posted on March 31, 2025

China’s manufacturing activity picks up in March, PMI shows

China's manufacturing activity expanded at a faster pace in March, an official factory survey showed on Monday, suggesting some signs of stabilisation in the world's second-largest economy even as ...

Posted on March 31, 2025

China’s No. 2 Steelmaker Makes Annual Loss of Nearly $1 Billion

Angang Steel Co Ltd., the listed arm of China’s second-biggest steelmaker, racked up a loss of nearly $1 billion last year, underscoring torrid conditions in the industry as demand shrinks and prices ...

Posted on March 31, 2025

CK Hutchison shares set to open down 4.5% as China state media blasts port deal

Shares of CK Hutchison were set to open down 4.5% on Monday after China state media blasted the Hong Kong conglomerate's Panama port deal and sources said the deal, which was expected to be signed on ...

Posted on March 31, 2025

Hong Kong Picks 23 Senior Execs for Financial Leaders Programme 2025

The Hong Kong Academy of Finance (AoF) announced the selection of 23 senior executives for its Financial Leaders Programme (FLP) 2025, underscoring its ...

Posted on March 31, 2025

How Israel caps Palestinian economic growth

Had Israel's control over the West Bank not occurred in 1967, the Palestinian economy could have been twice its current size – probably even more.

Posted on March 31, 2025

Timor-Leste stakes Asean bid over fugitive ex-lawmaker

Former Timor-Leste Foreign Minister Dionisio Babo Soares said the Philippines should not use the case of fugitive expelled Rep. Arnolfo Teves Jr. as grounds to block Timor-Leste’s application to the ...

Posted on March 31, 2025

Kyrgyzstan takes lead in banking sector integration, QR code payment services in EAEU

BISHKEK, Kyrgyzstan, March 30. Kyrgyzstan has emerged as a leader in the banking sector within the Eurasian Economic Union (EAEU) for its achievements in intersystem integration and the provision of ...

Posted on March 31, 2025

Financial help or bluff? Banks offer benefits, but with catches, for war-harmed clients

Told to give back some of their vast profits, Hapoalim offers $68 to students and reservists... if they have a deposit account or $8,000 balance, Leumi will defer payments on mortages below $27,000 ...

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