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Fears rise that Beijing may seek to block the $22.8bn port deal; shares of CK Hutchison plunge after Chinese media damn the deal as a 'betrayal' of the Chinese people and an 'act of US hegemony'
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Asia Media Digest
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Daily roundup of the best New Economy stories from other media
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Tesla has deals to sell credits to European carmakers who are still selling gasoline-powered vehicles so they can avert huge fines
Southeast Asian nations seen being caught in US dragnet, while tariff exemptions for carmakers have put the spotlight on Trump's use of exemptions, which critics liken to 'crony capitalism'
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The AF Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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