Boeing has been under heavy regulatory scrutiny and lowered production of
Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow. The ratings agency, which reaffirmed its "BBB-" long-term issuer default rating, said it could stabilize the outlook if Boeing liquidates over 100 of its pre-2023 built 737 MAX and half of its 787 inventories by early 2025, along with increasing production of its MAX jets towards 38 per month. Fitch's downgrade follows...
Americans Are Increasingly Negative About China Data by Gallup shows that Americans' views of China have continued to worsen after 2018. The deterioration started with the U.S.-China trade war under President Donald Trump, continued during the coronavirus pandemic that originated in China and has recently taken on yet another dimension among concerns about widespread Chinese tech and industrial espionage and subversion as well as continued human rights abuses and tension...
(The Center Square) – S&P Global Ratings changed its outlook for San Francisco's outstanding bonds from stable to negative, citing the slow recovery in the city and county. S&P Global Ratings, one of the Big Three credit-rating agencies, revised its outlook to negative from stable on the San Francisco City and County outstanding general obligation debt. "The negative outlook reflects our view of the slow recovery of the city's major revenue streams and growing...
China Foreign Minister Wang Yi tells US Secretary of State Antony Blinken that the 'giant ship' of the China-US relationship has stabilized, 'but negative factors in the relationship are still increasing and building'
The Chinese Maritime Safety Administration announced on Sunday that the Chinese military will hold shooting drills in parts of the South China Sea. The exercises will take place from Sunday to Tuesday
By Philip Heijmans (Bloomberg) — This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries. An estimated 150 billion cubic meters
China’s Coast Guard said Tuesday it had “expelled” two Philippine ships from its waters in the disputed South China Sea, as Manila accused Beijing of using water cannon against two of its vessels. “On April 30, the Chinese Coast Guard, in accordance with the law, expelled Philippine coast guard ship 4410 and government ship 3004 […]
MANILA, April 27 (Reuters) – The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South China Sea, calling
'The narrative that unnamed or unidentified Chinese officials are propagating is another crude attempt to advance a falsehood,' says Philippine Defense Secretary Gilberto Teodoro Jr.
A parliamentary researcher from Edinburgh has been charged with spying for China along with another man. Christopher Cash, 29, who attended George Watson’s College, was director of a policy group on Beijing co-founded by security minister Tom Tugendhat. He was also employed as a researcher by Alicia Kearns, chairwoman of the Commons foreign affairs committee. Cash, whose address is listed on official documents as Whitechapel, London, was arrested in Edinburgh last year and has now been charged...
By Laurie Chen QINGDAO, China, April 21 (Reuters) – The Chinese Navy on Sunday kicked off a biennial meeting of top foreign naval officials in the port city of Qingdao, in a