Hong Kong's benchmark shed more than 2% after troubled property developer China Evergrande's shares were suspended from trading.
The Hang Seng sank 2.3% to 24,011.72 while Tokyo's Nikkei 225 dropped 1.1% to 28,457.15. Shares also fell in Taiwan. Australia's S&P/ASX 200 climbed 0.8% to 7,246.10.Crude prices fell slightly ahead of a meeting of major oil producers. There was no sign that a spill from a pipeline off the California coast was having an impact on prices.
U.S. benchmark crude oil shed 21 cents to US$75.67 per barrel in electronic trading on the New York Mercantile exchange. It gained 85 cents to $75.88 per barrel on Friday.Oil prices have been hovering at 3-year highs after Hurricane Ida slammed into a critical port that serves as the primary support hub for the Gulf of Mexico's deepwater offshore oil and gas industry in the U.S., worsening the supply situation, at least temporarily.
Wall Street rebounded on Friday, led by companies that would benefit most from a healthier economy. The S&P 500 gained 1.1% to 4,357.04. But U.S. markets still had their worst week since the winter.
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Senator accused of being China's 'mouthpiece' worries about rise of anti-Asian racismLast June, 33 Canadian senators voted to defeat a motion decrying China's treatment of Uyghur Muslims as a genocide. While they all faced criticism from some quarters, only one seems to have been singled out as an alleged stooge of China's communist regime. Racism is a primary evasion tactic of those who do not like the direction of the criticism they face. A war between races is on, face it. By the way don’t generalize one ethnicity as entire Asian. Destroying housing market, drug dealing, virus… Bull. He is defending China’s hostage diplomacy. Does he think he’s immune from criticism because of his race?
Source: CTVNews - 🏆 1. / 99 Read more »
Senator accused of being China's 'mouthpiece' worries about rise of anti-Asian racismSen. Yuen Pau Woo has been accused of being unabashedly \u0027Beijing friendly,\u0027 a mouthpiece and lobbyist for the Communist Party of China, even though he points… Great book on the subject I recently read. Nice distraction 👍🏻 Not Anti-Asian but anti-China communist party is his real agenda!
Source: nationalpost - 🏆 10. / 80 Read more »
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Senator accused of being China's 'mouthpiece' worries about rise of anti-Asian racismSen. Yuen Pau Woo has been accused of being unabashedly \u0027Beijing friendly,\u0027 a mouthpiece and lobbyist for the Communist Party of China, even though he points… Great book on the subject I recently read. Nice distraction 👍🏻 Not Anti-Asian but anti-China communist party is his real agenda!
Source: nationalpost - 🏆 10. / 80 Read more »
Senator accused of being China's 'mouthpiece' worries about rise of anti-Asian racismLast June, 33 Canadian senators voted to defeat a motion decrying China's treatment of Uyghur Muslims as a genocide. While they all faced criticism from some quarters, only one seems to have been singled out as an alleged stooge of China's communist regime. Racism is a primary evasion tactic of those who do not like the direction of the criticism they face. A war between races is on, face it. By the way don’t generalize one ethnicity as entire Asian. Destroying housing market, drug dealing, virus… Bull. He is defending China’s hostage diplomacy. Does he think he’s immune from criticism because of his race?
Source: CTVNews - 🏆 1. / 99 Read more »