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Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says

By MediaIntel.Asia

Oil tanker unloads crude oil at a crude oil terminal in Zhoushan Thomson Reuters
Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said.
Analysts expect oil demand to rebound by about 1.5 mill…

Biden hopes to rally world leaders in support of Ukraine

By ChinaPulse.com

Russia’s war in Ukraine will “feature prominently” in President Joe Biden’s address.
He plans to lay out how the invasion violates a central tenet of the U.N. charter.
Russia’s conflict has upended global food supplies and threatens to tip Europe into …

Russia signals annexation of parts of Ukraine, raising stakes in fighting

By ChinaPulse.com

After stunning battlefield setbacks, Russia moved to cement its grip on territory it occupies in eastern and southern Ukraine, as Kremlin proxies there announced plans on Tuesday for referendums on annexation to Russia, indicating a possible escalation…

Canada sails warship through Taiwan Strait

By ChinaPulse.com

A Taiwan Coast Guard ship travels past the coast of China, in the waters off Nangan island of Matsu archipelago in Taiwan, August 16, 2022.ANN WANG/Reuters
Canada sailed a warship Tuesday through international waters in the Taiwan Strait, the same narr…

Canada sails warship through Taiwan Strait

By ChinaPulse.com

A Taiwan Coast Guard ship travels past the coast of China, in the waters off Nangan island of Matsu archipelago in Taiwan, August 16, 2022.ANN WANG/Reuters
Canada sailed a warship Tuesday through international waters in the Taiwan Strait, the same narr…

Don’t break out the Champagne just yet to celebrate an end to the Ukraine war

By MediaIntel.Asia

Once again, war’s dynamism shows its face. A month ago, the common belief about the Ukraine war was, “It’s a stalemate, so let’s negotiate.” Today, the cry is, “Putin’s lost, so let’s celebrate.” Celebrate the counteroffensive’s success and the opport…

Ukraine War Shows Russian Military Not as Capable as Thought: Pentagon

By MediaIntel.Asia

A senior Pentagon official has said that the war in Ukraine has shown that Russia is not as militarily capable as was believed before Vladimir Putin’s troops invaded.
Undersecretary of Defense for Policy Colin Kahl said that China posed a bigger risk …

Iran FM says resolution of safeguards issues necessary for nuclear deal

By ChinaPulse.com

TEHRAN, Aug. 26 (Xinhua) — The Iranian foreign minister stressed that Tehran considers the resolution of the “fake and politically-motivated” safeguards issues as a vital necessity for reaching an agreement in the talks on reviving th…

District beside Beijing locks down over single COVID-19 case ers

By ChinaPulse.com

Top Stories Xianghe, in China’s Hebei province, issues stay-at-home order to 384,000 residents over preliminary positive case. Excited 0 Happy 0 In Love 0 Not Sure 0 Silly 0 More in:Top Stories Ukraine, Europe narrowly escape nuclear catastrophe A fail…

China to sell US$230 billion of local debt as fiscal income slumps amid coronavirus, property pressures

By ChinaPulse.com

China’s local governments are likely to sell more bonds in coming months, providing them with more resources to fund infrastructure projects as their finances come under strain. Local governments have room to issue an extra 1.55 trillion yuan (US$229 b…