BEIJING—On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions imposed by their community. By the following morning, they were free to leave. The triumphant story quickly spread on chat groups across the Chinese city this week, sparking one question in the minds of those who…
Shanghai Lockdown: Residents Demand Release
BEIJING—On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions imposed by their community. By the following morning, they were free to leave. The triumphant story quickly spread on chat groups across the Chinese city this week, sparking one question in the minds of those who…
US, South Korea Strengthen Economic Ties Through ‘Semiconductor Alliance’
May 28, 2022
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Asia & PacificBusiness & Economyeconomic policieseconomyExecutive BranchHyundaiPoliticsSamsungsemiconductorSouth KoreaUSWorld
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New Analysis South Korea-U.S. economic ties are changing amid supply chain worries, high-tech competition, and concerns over national security. Having China as its largest trading partner, South Korea had, for over a decade, managed to mostly maintain balanced economic ties between the two powerhouses. However, recently, Seoul has made a clear shift in cementing a…
Southwest, JetBlue Give Upbeat Revenue Outlooks Despite Inflation Worries
May 28, 2022
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Business & EconomyCompaniesEuropefuel pricesinflationJetBlue AirwaysRussia-Ukraine WarSouthwest AirlinesWorld
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Southwest Airlines Co. and JetBlue Airways Corp. on Thursday gave upbeat revenue forecasts for the current quarter on strong travel demand, despite concerns that rising inflation may weigh on consumer spending. U.S. airlines have been buoyed, and in some cases surprised, by how quickly travel snapped back from the depths of the COVID-19 pandemic, leaving…
Toyota Cuts June Output Plan Again as China Lockdowns Bite
May 28, 2022
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Business & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniessemiconductorToyota Motor Corp
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TOKYO—Toyota Motor Corp. on Friday cut its global production plan for June for the second time this week and signaled its full-year output estimate could be lowered, highlighting the pain from the supply chain crunch and China lockdown. Global automakers’ production has been hit by the microchip shortage and also by China’s COVID-19 lockdowns. The…
Murkowski ‘Chief Enabling Officer’ of Biden Agenda: Kelly Tshibaka
May 28, 2022
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2022 Midterm ElectionsbidenBusiness & Economycommoditiescongresseconomic policieseconomyinflationMarketsMurkowskiOilPoliticsrare earthsRepublicansUSUS Features
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Kelly Tshibaka, the Republican candidate for Sen. Lisa Murkowski’s (R-Alaska) seat endorsed by Trump, claimed Murkowski’s vote confirming Deb Haaland as Interior Secretary has weakened Alaska, contributing to skyrocketing gas prices and foreign dependence by impeding the production of oil, gas, rare earths, and other vital commodities. “Who’s directing this assault on us? Joe Biden….
Elon Musk’s Starlink Gets Approval to Operate in Philippines
The Philippines has approved the registration of Starlink, a satellite internet services company operated by SpaceX, making it the first Southeast Asian country to have Starlink broadband access. The National Telecommunications Commission (NTC) approved Starlink as a “value-added service (VAS) provider” on Thursday, allowing the company to access satellite systems, and build and operate broadband…
Domaine la Sylviane: Beyond Unique
There are places in the world that are like time portals. Definitively, they’re sometimes called “transportive,” which by definition conveys an ability “to carry away with strong and often intensely pleasant emotion.” Domaine la Sylviane, located outside the quaint medieval village of Valbonne in France, is just such a place. Located just outside the medieval…
House Oversight Committee to Probe Gunmakers After Texas School Shooting
Rep. Carolyn Maloney (D-N.Y.), chair of the House Oversight Committee, has opened an investigation into five U.S. gun manufacturers in the wake of the Texas school shooting. Maloney sent letters Friday ahead of a hearing on gun violence on June 8 to Bushmaster Firearms (pdf), Daniel Defense (pdf), Sig Sauer (pdf), Smith and Wesson (pdf), and Ruger (pdf) asking for…
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Shen Yun Is an Amazing ‘Piece of Art’ Says Shoe Designer
GRAND RAPIDS, Mich.—For Luke and Nicola Schulten, Shen Yun Performing Arts was an absolute joy to watch. The couple, who worked in China for 30 years in the shoe industry as designers and developers, were tantalized by the performance and particularly the footwear of the dancers. “I’m so impressed with the costumes and the colors…