China stocks rise after South China Sea ruling; Hong Kong up

By Nathaniel Taplin Shanghai, Jul 13 : Chinese stocks edged up on Wednesday, with investors shrugging off the impact of an international tribunal’s ruling that denied China’s claims in the South China Sea. Finance stocks led indexes up, with sharp rises in banking shares, including China Minsheng Banking Corp Ltd, leading the CSI300 higher. The […]

China commodity futures extend rally on easing hopes, demand

By Ruby Lian and John Ruwitch Shanghai, Jul 13 : Chinese commodity futures jumped to multi-month highs on Wednesday, extending a rally underpinned by expectations of further monetary policy easing to support growth and strong demand in some sectors. Steel-related futures were also buoyed by government-ordered output curbs in a key producing area, while Shanghai […]

China vows to protect S.China Sea sovereignty after ruling

By Ben Blanchard and Martin Petty Beijing/Manila, Jul 13 : China vowed to take all necessary measures to protect its sovereignty in the South China Sea and said it had the right to set up an air defence zone, after rejecting an international tribunal’s ruling that denied its claims in the region. State media called […]

Tribunal overwhelmingly rejects Beijing’s South China Sea claims

By Anthony Deutsch and Ben Blanchard AMSTERDAM/BEIJING, Jul 12 : An arbitration court ruled today that China has no historic title over the waters of the South China Sea and has breached the Philippines’ sovereign rights with its actions, infuriating Beijing which dismissed the case as a farce. A defiant China, which boycotted the hearings […]

Tribunal says China has no historic title over South China Sea

By Thomas Escritt and Ben Blanchard AMSTERDAM/BEIJING, Jul 12 : An arbitration court ruled today that China has no historic title over the waters of the South China Sea and that it has breached the Philippines’ sovereign rights with its actions, infuriating Beijing which dismissed the case as a farce. China, which boycotted the hearings […]

Oil and shipping markets on edge after South China Sea ruling

By Henning Gloystein and Keith Wallis SINGAPORE, Jul 12 : Global oil and shipping markets reacted nervously today after an international arbitration court ruled against Beijing’s claims across large swathes of the South China Sea, fuelling geopolitical tensions in the vital waterway. A tribunal in The Hague, Netherlands, found China had breached the sovereign rights […]