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Tougher US Sanctions to Curb Russian Oil Supply to China and India

Jan 13 2025 // Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow’s top...

White House Rushes to Finish Cyber Order After China Hacks

Jan 10 2025 // The Biden administration is racing to put out an executive order meant to shore up U.S. cybersecurity in its dwindling days in office, according to four people familiar with the matter. The executive order, which has...

When EVs Take Off: AM Best Reviews Impact on China Motor Insurance

Jan 9 2025 // Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded five years earlier, AM Best said in a special report. According to the report,...

China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet

Jan 7 2025 // China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western region of Tibet. The epicenter of the magnitude 6.8 quake that hit around 9:05 a.m. Tuesday morning was in...

Taiwan Says Chinese Ship Broke Subsea Cable in Alleged Sabotage

Jan 6 2025 // Taiwan suspects a Chinese-owned cargo vessel damaged an undersea cable near its northeastern coast Friday, in an alleged act of sabotage that highlights the vulnerabilities of Taipei’s offshore communications...

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