Tokyo has chosen to operate independently as it navigates disputes in the volatile region.
Read More »Apple to Close All China Mainland Stores Due to Virus Outbreak
Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9 as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago.
Read More »US Likely to Lift Iran-Related Sanctions on Chinese Tanker Company COSCO
The US will likely lift sanctions on units of Chinese tanker company COSCO after Washington accused it of transporting Iranian oil.
Read More »China Urges Coal Miners to Resume Production to Keep Market Supplied
The administration will strictly ban activities such as raising coal prices beyond their contracts.
Read More »U.S. to Lift Iran-Related Sanctions on Units of Chinese Shipper COSCO
China is the lone major importer of Iranian oil despite Trump’s ``maximum pressure`` campaign on Tehran that includes cutting Iran’s oil revenue to zero.
Read More »Cyberattacks Linked to Iran Appear to Target Bahrain Petroleum Co.
An Israeli cybersecurity firm has identified a new type of ransomware that it believes was created by Iran and has the ability to lock up or even delete industrial control systems.
Read More »Oil Tanker on Fire in Persian Gulf Off UAE’s Sharjah
A crude oil tanker in the Persian Gulf caught fire Wednesday night. prompting a warning from British naval officials to exercise extreme caution.
Read More »New U.S. Limits on Huawei Suppliers Coming Soon. Ross Says
Commerce Secretary Wilbur Ross said new rules are coming soon that will put more limits on U.S. companies supplying China’s telecommunications leader Huawei Technologies Co.
Read More »$6 Million Bribes Helped to Win Iraq Oil Deals. Prosecutors Say
Maneuvering. manipulation and $6 million in bribes helped oil companies win contracts with Iraq in the aftermath of Saddam Hussein’s reign. U.K. prosecutors said.
Read More »Coronavirus has no Effect on Iran-China Trade Ties
If Chinese holiday takes too long. it will affect global costs.
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