us $

Accused duck sauce killer of Chinese food delivery worker in New York City released on US$500,000 bail   13%


New York City man Glenn Hirsch was granted US$500,000 bail after he was accused of fatally shooting a Chinese food delivery worker over a bizarre feud with local restaurant.


JD.com founder Richard Liu cashes out nearly US$1 billion from e-commerce giant after retreat from top job   30%


Liu has sold Nasdaq-listed JD.com stock and Hong Kong-listed JD Health shares worth a combined US$988 million since April, according to filings.


Hows the China-India economic relationship changed 2 years on from the deadly Galwan Valley border clash?   2%


China’s exports to India grew to US$27.1 billion in the first quarter of 2022, but India is concerned by its ballooning trade deficit with its neighbour amid strained ties two years after the deadly Galwan Valley clash.


Chinas worlds factory tag threatened by Vietnam, but theres nothing to worry about, analysts say   10%


Vietnam’s first quarter exports reached US$88.58 billion, up by 12.9 per cent from the previous year, with Chinese state media comparing the shipments in the first three months of the year to China’s main export hub of Shenzhen.


China, US urged to start small as Biden ponders Trump-era trade tariff rollback amid record inflation  


Former acting deputy US trade representative Wendy Cutler believes Washington will soon unveil its plan for how to handle the US$350 billion of Trump-era trade tariffs that have been imposed on Chinese goods for almost four years.


Chinas Russian oil imports surged over 50 per cent in May, boosted by discounts amid Ukraine war sanctions   -20%


China spent US$5.8 billion to import a record 8.42 million tonnes of crude oil from Russia last month, helped by discounts offered by suppliers facing Western sanctions over the invasion of Ukraine.


UAE sells US$3 billion in high-quality debt amid recession fears  


The oil-rich Persian Gulf nation on Thursday sold US$1.75 billion in 10-year bonds and US$1.25 billion in notes due in 2052.


US$156 million Russian superyacht in Dubai tests US-UAE ties amid sanctions  


The 98-metre Madame Gu is moored next to US$200 million megayacht owned by the state’s ruler as Western pressure mounts for US Gulf Arab ally to apply sanctions.


Hong Kong stocks retreat from 3-month high as Tencent leads losses after major shareholder signals exit plan   5%


Local stocks retreated in early trading, halting a 20 per cent rally from mid-March that added US$592 billion of market value to Hang Seng Index members.


Tencent takes a US$7.4 billion market knock as Prosus prepares to cut stake to fund stock buy-back, sells JD.com as non-strategic asset  


Naspers’ Prosus unit is preparing to trim its US$133.4 billion stake in Tencent to fund its own open-ended stock buy-back programme.


Liberia: Company Cuts About U.S.$2 Million Logs Outside Concession in Lofa County   23%

[FrontPageAfrica] A logging company cut trees worth an estimated US$2.2 million outside its contract area in Lofa County, a huge violation in forestry that carries one of the industry's heaviest penalties, an investigation by The DayLight has found.