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October 8, 2020
ASIA: China represents a strategic threat to Britain as its Navy could reach the North Atlantic via the Arctic by a route opened up by global heating, the head of the Royal Navy has said. Adm Tony Radakin, the first sea lord, said an “increasingly assertive” China had the capability to reach waters north of […]
October 8, 2020
COMMENT: The old definition of the scientific method was “In a typical application of the scientific method, a researcher develops a hypothesis, tests it through various means, and then modifies the hypothesis on the basis of the outcome of the tests and experiments. The modified hypothesis is then retested, further modified, and tested again, until […]
October 7, 2020
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 10.91 points or -0.05% to 23,422.82 Shanghai closed Hang Seng increased 262.21 points or 1.09% to 24,242.86 ASX 200 increased 74.30 points or 1.25% to 6,036.40 Kospi increased 21.04 points or 0.89% to 2,386.94 SENSEX increased 304.38 points or 0.77% to […]
October 6, 2020
ASIA: China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, Reuters reported. A representative for China said at the closed-door meeting on Friday that the measures “are clearly inconsistent with WTO rules, restrict cross-border trading services […]
October 5, 2020
ASIA: The Indian government has told the Supreme Court it will waive certain interest levies on loans up to 20 million rupees ($272,888) under a COVID-19 support plan, a legal filing showed, in a move that will bring relief to millions of borrowers. In a filing on Oct. 2 with the Supreme Court, seen by […]
October 2, 2020
ASIA: China saw 108 million visits and raked in 76.5 billion yuan in tourism income on October 2, the second day of the National Day holiday, while the first day observed a total of 97 million visits with 76.7 billion yuan ($11.3 billion) in tourism income, according to the Ministry of Culture and Tourism, raising […]
October 1, 2020
ASIA: Chinese state-owned utility Huanghe Hydropower Development has finished building the world’s largest solar power project in a desert in the northwestern Chinese province of Qinghai. Chinese inverter manufacturer Sungrow, which supplied the inverters, said that the 2.2 GW solar plant was built in five phases. It involved an investment of RMB15.04 billion ($2.2 billion) […]
September 30, 2020
ASIA: China’s factory activity extended solid growth in September, a private survey showed as the nation’s crucial exports engine revved up on improving overseas demand and underlined a steady economic recovery from the coronavirus shock. The official manufacturing Purchasing Manager’s Index (PMI) rose to 51.5 in September from 51.0 in August, according to data from […]
September 29, 2020
ASIA: Chinese online media firm Sina Corp. is quitting Wall Street as Chinese tech companies come under heightened scrutiny in the United States. The Beijing-based firm is being taken private by its chairman and chief executive, Charles Chao, in a deal that values the company at $2.6 billion, Sina (SINA) said in a statement on […]
September 29, 2020
The central banks have been digging deeper and deeper into their monetary toolboxes in a vain hope of cushioning the COVID-19-induced shock, which has been orchestrated by this global effort to CRUSH the economy and redesign it in their image of a fossil-free world. The fake pandemic aside, the notion that the banks were already […]