China Enlists Commercial Insurers in Bid to Boost Local Biotechs July 1, 2025 By Bloomberg News China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning...
Burning Ship Abandoned in Pacific Carried Several Chinese Car Brands June 5, 2025 By Bloomberg News A cargo ship that was abandoned in the middle of the Pacific Ocean after catching fire Tuesday was carrying cars...
Kremlin Vows to Defend Its Ships in the Baltic by All Legal Ways May 22, 2025 By Bloomberg News Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying...
Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims May 15, 2025 By Bloomberg News Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer...
Russia Emergency Services Work to Prevent Pacific Oil Spill February 11, 2025 By Bloomberg News An emergency response team in Russia’s Pacific port of Nevelsk is preparing to pump out fuel from a Chinese bulk...
China Frees Possible $27 Billion From Insurers to Buy Gold February 10, 2025 By Bloomberg News A pilot program in China that allows insurers to buy gold for the first time could free up billions of...
China Guides Mutual Funds, Insurers to Invest More in Stocks January 23, 2025 By Bloomberg News China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore...
UK Expands Sanctions Against Russian Oil Fleet and Its Insurers November 25, 2024 By Bloomberg News The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the...
Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe September 20, 2024 By Bloomberg News Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only...
Shanghai Slammed by Strongest Typhoon to Hit City Since 1949 September 16, 2024 By Bloomberg News The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting...