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Energy companies in Australia are seeking to increase the supply of liquefied natural gas to China against the background of tense trade relations between the United States and China, economists say. Thus, Australian Woodside and Chinese ENN have entered into an agreement to jointly explore opportunities for cooperation in the field of LNG trade and supply, which will allow the Chinese authorities to consider the possibility of financial support for projects to expand production in Australia. It is expected that the implementation of this agreement will entail the filling of a new terminal in Zhejiang Province with an Australian LNG capacity of 3 million tons per year.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
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