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photo: US Navy / Photographer's Mate 1st Class Richard J. Brunson

Consortium seeks first proposals for carbon capture shipping project

Reuters | 06 Dec 2022

SINGAPORE, Dec 6 (Reuters) - A consortium of global energy and shipping organisations said on Tuesday it was seeking proposals to study ways to offload captured carbon dioxide from ships during port calls. The call for proposals is part of the world's first project aimed at building and testing a full-scale carbon-dioxide capture system aboard...

photo: AP / Mark Schiefelbein

Late Chinese leader Jiang Zemin hailed in memorial service

Irish Independent | 06 Dec 2022

China’s leaders have eulogised the late Jiang Zemin as a loyal Marxist-Leninist who oversaw their country’s rapid economic rise while maintaining rigid Communist Party control over society. The President and current party leader Xi Jinping praised Mr Jiang in an hour-long address at Beijing’s Great Hall of the People...

photo: US DoS / Ron Przysucha

GLOBALink | Building a future city: China-Saudi cooperation in NEOM

Xinhua | 06 Dec 2022

NEOM is an important project for the Saudi Vision 2030 and China-Saudi cooperation. Chinese companies are bringing environmentally friendly technology to the project, playing their part in building this avant-garde future city of...

photo: AP / Ng Han Guan

With Jiang Zemin’s demise, a spotlight on Xi Jinping’s shortcomings

Indian Express | 06 Dec 2022

Amid show of unity, signs of discord dot Rahul yatra route in Rajasthan India’s G20 Presidency: Championing the Global South Delhi Confidential: When PM Modi asked Andhra CM Jagan about the detentio... G20 Summit: India pitches for SDGs, digital public infra as top priorities Subscribe now at less than Rs 4/day Jiang was also concerned about...

photo: AP / Jeff Chiu

Apple’s anti-union tactics in Atlanta were illegal, U.S. officials say

The Los Angeles Times | 06 Dec 2022

U.S. labor board prosecutors have determined that Apple violated federal law by interrogating and coercing employees in Atlanta, the latest legal salvo over the company’s response to organizing efforts. The National Labor Relations Board’s Atlanta regional director also concluded that Apple held mandatory anti-union meetings during which management...

photo: AP / Andy Wong

China to further ease Covid-19 curbs as leaders soften tone on dangers of virus amid social unrest

Irish Independent | 06 Dec 2022

China is set to announce a further easing of some of the world’s toughest Covid curbs as early as tomorrow, sources said, as investors cheered the prospect of a policy shift that follows widespread protests and mounting economic damage. Three years into the pandemic, China’s zero-tolerance measures, from shut borders to frequent...

photo: AP / Greg Baker

US, EU weigh climate-based tariffs on Chinese steel, aluminum -Bloomberg News

Reuters | 06 Dec 2022

Dec 5 (Reuters) - The U.S. and the European Union are weighing new tariffs on Chinese steel and aluminum as part of a bid to fight carbon emissions, Bloomberg News reported on Monday, citing people familiar with the matter. China, which produces more than half of the world's steel, is accused by the EU and United States of creating...

photo: AP / Svetlana Kozlenko

The energy war continues in Europe

Invezz | 05 Dec 2022

Anyone following my work will know that I am quite bearish about the state of the economy in Europe. A big part of this is Putin’s stranglehold on the energy market. The weather may have helped somewhat, however. EU gas demand down 24% We got some data this morning from commodity analytics company ICIS that gas demand in the EU was 24% below...

photo: AP / Ng Han Guan

Scientist who worked at Wuhan lab makes startling revelation; says Covid was man-made virus

The Times of India | 05 Dec 2022

NEW DELHI: In what appears to be an astonishing revelation, a US-based scientist, who worked at a controversial research lab in China's Wuhan, has said that Covid-19 was a "man-made virus" that leaked from the facility. Covid was leaked from Wuhan Institute of Virology (WIV), a state-run and funded research facility, two years ago,...

photo: AP / Joerg Koch

Sentiment boost from easing of China's COVID curbs weighs on dollar

Reuters | 05 Dec 2022

SINGAPORE/LONDON, Dec 5 (Reuters) - The euro and pound hit over five-month highs against the dollar in early trade on Monday as improved sentiment caused by Chinese cities easing some COVID-related restrictions helped investors justify continuing their shift away from the greenback. Official messaging about how dangerous the virus is has softened...

photo: WN / Ahmed Deeb

Gold near 5-month peak as dollar dips, China eases COVID curbs

Reuters | 05 Dec 2022

Summary Companies Dollar slips to over 5-month lowLondon body creates database of Russian gold bars Dec 5 (Reuters) - Gold prices steadied on Monday after hitting a five-month high, as the dollar edged lower after more Chinese cities relaxed COVID-19 restrictions over the weekend. Spot gold was little changed at $1,799.26 per ounce by 0717 GMT,...

photo: Creative Commons / Buonasera

China says some parts of German government prescribing 'wrong medicine' by politicising trade issues

Reuters | 05 Dec 2022

BEIJING, Dec 5 (Reuters) - The Chinese foreign ministry said on Monday that some departments of the German government were prescribing the "wrong medicine" by politicising economic and trade issues. The German economy ministry is recommending excluding using components from providers...

photo: Creative Commons

‘He saved my life’: desperate Chinese mother gets fast-track transplant thanks to late husband who gave his heart, liver and kidneys

South China Morning Post | 05 Dec 2022

A Chinese mother of two in desperate need of a kidney transplant has received a fast-tracked new organ thanks to her late husband, whose major organs were donated to medical science following his sudden death three years ago. ......

photo: AP / Luca Bruno

China stocks surge, yuan jumps past 7 per dollar after COVID curbs eased

The Times of India | 05 Dec 2022

China stocks surged and the yuan firmed past the closely watched 7-per-dollar level on Monday, both hitting their strongest levels since mid-September, as investors welcomed China's easing of COVID-19 restrictions. The blue-chip CSI 300 Index jumped 1.7% by the end of the morning session, while Hong Kong's Hang Seng Index climbed 3.5%. The upbeat...

photo: AP / Mark Schiefelbein

Diverse implications of Xi's meetings with Biden and Yoon

Korea Times | 05 Dec 2022

By Choo Jae-woo Chinese President Xi Jinping made himself available to the western leaders at this year's G20 Summit in Bali, Indonesia (Nov. 15-16). It was his second time traveling abroad since January 2020 when he visited Myanmar. His first trip was the Shanghai Cooperation Organization summit in September in Uzbekistan. He then had summits with...

photo: AP / Andy Wong

Chinese astronauts return to earth after 'successful' six-month mission

The Jakarta Post | 05 Dec 2022

Three Chinese astronauts landed back on earth on Sunday on board the re-entry capsule of the Shenzhou-14 spacecraft,...

photo: Public Domain

Reelected president embarks on new path for Kazakhstan

The Jerusalem Post | 05 Dec 2022

Newly reelected Kazakh President Kassym-Jomart Tokayev is diligently trying to pave a new foreign policy path for his Central Asian country in a strategic region where Russia, China, Turkey, and the United States are vying for greater dominance. For more stories from The Media Line go to Tokayev makes overtures to Russia Fresh off...

photo: AP / Andy Wong

Chinese cities ease curbs, but full zero-Covid exit still some way off

Dawn | 05 Dec 2022

BEIJING: More Chinese cities including Urumqi in the far west announced an easing of coronavirus curbs on Sunday as China tries to make its zero-Covid policy more targeted and less onerous after unprecedented protests against restrictions last weekend. Urumqi, the capital of the Xinjiang region and where the protests first erupted, will reopen...

photo: AP / Ng Han Guan

Chinese astronauts return from space station

Dawn | 05 Dec 2022

BEIJING: Three Chinese astronauts safely returned to Earth on Sunday after six months aboard the Tiangong space station, state media quoted...