Beijing protested fresh delays to the UK’s decision on plans for a sprawling new Chinese embassy in central London, escalating a spat that threatens to derail Prime Minister Keir Starmer’s diplomatic reset. China expressed “grave concern and strong dissatisfaction” about the UK pushing a deadline on a final ruling for the project to Dec. 10,…
Welcome to our guide to the commodities markets powering the global economy. Today, senior reporter Dan Murtaugh writes on the energy triangle between China, India and Russia as their leaders meet in Tianjin. The Shanghai Cooperation Organization’s get-together could hardly have come at a better moment for China’s leader. At a time when the US…
Welcome to our guide to the commodities markets powering the global economy. Today, China-based energy reporter Dan Murtaugh asks what the rest of the world can learn from the nation’s success in deploying offshore wind turbines. It was only a few years ago that the offshore wind industry conjured a future with a near-limitless supply…
Did you really think that the mighty U.S. stock market was going to be stopped in its tracks by a measly PPI print, even if it was a blowout? The yield on the U.S. 10-year Treasury bond was down 2 basis points at 4.2732%. One consequence of the hot PPI print is that the market…
A European business group in China has criticized Beijing’s retaliatory measures targeting medical device makers from the European Union, saying the move worsens ties between the two economic powers. “The European Chamber is deeply concerned by the announcement, as it marks a further escalation of EU-China trade tensions at a time when European businesses are…