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The Latest Breaking News from China

Can Marvel Films Profit Without Playing In China? Here's What Disney CEO Bob Chapek Says

Walt Disney Co.

Benzinga

Read How Himax Technologies Fared In Q1

Himax Technologies, Inc (NASDAQ:HIMX) reported first-quarter FY22 revenue growth of 33.6% year-on-year to $412.8 million. Net revenues declined 8.6% sequentially. Revenue from large display drivers grew 60% Y/Y to $110.6 million. Monitor and notebook IC sales decreased sequentially on the backdrop of slowing end market sell-through. TV revenue was flat sequentially, anchored by…

Benzinga

Alibaba And Other Chinese Stock Investors Remain Cautious Over China's Political Body Forum With Leading Firms

China’s top political advisory body looks to host a forum next week with some of the nation’s largest private-sector firms, including Baidu, Inc (NASDAQ:BIDU), Bloomberg reports. While the conference focused on developing China’s digital economy, investors will likely watch for a possible wind-down of its year-long crackdown on the tech sector after a…

Benzinga

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China set to launch new high-tech aircraft supercarrier as big as nine blue whales

Weighing in at 90,000 tonnes and longer than nine blue whales end to end, the beast is the said to be the most technically advanced China has ever seen

Daily Mirror

Hong Kong police file complaints to lawyer groups over national security case

Hong Kong police said on Thursday they had filed complaints to the city's main professional legal bodies over a national security case involving a fund that had assisted pro-democracy protesters to pay for legal services.

Reuters

Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like

Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown

The Guardian - US

COVID crisis could deepen N.Korea food shortages amid drought warnings

North Korea's coronavirus outbreak threatens to deepen its already dire food situation this year, as a nationwide lockdown would hamper ongoing anti-drought efforts and the mobilisation of labour, analysts said.

Reuters

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China accuses US of ‘political manipulation’ for changing wording about Taiwan on website

The State Department denies Beijing’s accusations and says the US’s underlying policy with Taiwan has not changed

The Independent UK

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

The Guardian - UK

Oil Slips on Fears Recession May Hit Demand

Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Brent crude was down $1.92, or 1.8%, to $105.59 a barrel at 1202 GMT.

Asharq Al-Awsat

China Says It Will ‘Strictly Restrict’ People From Entering or Leaving the Country

National Immigration Administration promises to limit ‘unnecessary outbound activities’ of Chinese citizens, without elaborating

Caixin Global

Plane Veers Off Runway in China and Catches Fire; 36 Injured

A Chinese passenger jet veered off the runway during takeoff and caught fire on Thursday, sending black smoke billowing into the air and injuring more than 30 people. The Tibet Airlines flight with 122 people on board was departing from the southwestern city of Chongqing for a flight to Nyingchi…

Asharq Al-Awsat

North Korea Reports First Covid Cases, Kim Orders National Lockdown

North Korea confirmed its first-ever Covid cases on Thursday and declared a "serious emergency", with leader Kim Jong Un ordering lockdowns across the country. The nuclear-armed country had never admitted to a case of Covid-19 and the government had imposed a rigid coronavirus blockade of its borders since the start…

Asharq Al-Awsat

‘Barbaric war on Ukraine’: EU’s von der Leyen denounces Russia

European Commission president calls Russia the ‘most direct threat’ to international order during annual meeting.

Al Jazeera

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Asharq Al-Awsat

EU's Von Der Leyen: Russia 'Most Direct Threat to World Order'

Top European officials warned Thursday that Russia poses the "most direct threat" to world order and urged China to play a more constructive role on the international stage as they held talks in Tokyo. European Commission President Ursula von der Leyen and European Council President Charles Michel are in Japan…

Reuters

Chinese city offers Nobel Prize winners $1.5 million housing subsidies

The industrialised Chinese coastal city of Wuxi is offering Nobel Prize winners up to 10 million yuan ($1.48 million) in housing subsidies to attract top talent in a national economy that is shifting towards innovation-driven development.

WEKU

A Catholic cardinal and others are arrested on Hong Kong security law

The White House and U.S. politicians join others around the world in calling for the release of a retired archbishop, singer and others in the Chinese territory.

The Independent UK

Arrested Hong Kong cardinal a fiery critic of Beijing

The 90-year-old retired Hong Kong archbishop who was arrested by Hong Kong police on national security charges has long been a fiery critic of Beijing and the Vatican's efforts to reach a working arrangement with the ruling communists

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Bangkok Post

Chinese plane catches fire at airport

A Chinese passenger plane veered off a runway during takeoff and caught fire at an airport in the city of Chongqing, central China, on Thursday morning, state-run media reported.

Caixin Global

Shanghai Composite Index Fell 0.12% on Thursday

Shenzhen Component Index closed down 0.13%

The Independent UK

Japan, EU agree to raise efforts on Russia, in Indo-Pacific

Japan and the European Union have agreed to step up their sanctions against Russia as leaders from the two sides raised concerns about the war’s impact in the Indo-Pacific, where they seek to strengthen their partnership and increase engagement amid China’s growing assertiveness

WEKU

North Korea confirms 1st COVID outbreak, Kim orders lockdown

While the scale of the outbreak isn't known, it could have serious consequences because the country has a poor health care system and its 26 million people are believed to be mostly unvaccinated.

WEKU

North Korea confirms 1st COVID outbreak as Kim orders lockdown

While the scale of the outbreak isn't known, it could have serious consequences because the country has a poor health care system and its 26 million people are believed to be mostly unvaccinated.

Bangkok Post

Chinese plane catches fire at airport, all passengers evacuated

BEIJING: A Chinese passenger plane veered off a runway during takeoff and caught fire at an airport in the city of Chongqing, central China, on Thursday morning, state-run media reported.

The Canberra Times

Morrison campaign trail fracas as former diplomat to Solomon Islands tries to talk to PM

The former Australian top diplomat to Solomon Islands says he was bundled away when he tried to approach Scott Morrison in Tasmania.

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