China Stocks’ Selling Is Strongest in 12 Months, Testing Major Support

China Stocks’ Selling Is Strongest in 12 Months, Testing Major Support

Anxiety dominates China’s $9.1 trillion stock market now more than at any time in the past year, according to a Bloomberg indicator. The so-called Fear and Greed indicator, a measure of buying strength versus selling strength, for the Shanghai Composite index on Monday fell to its lowest level since October 2022. The ongoing slump has … Read more

Philippines Says Two Boats Collided With China Vessels

Philippines Says Two Boats Collided With China Vessels

The Philippines said two of its vessels collided with Chinese boats during a mission to deliver supplies to a South China Sea outpost. A China Coast Guard vessel collided with a Philippines-contracted resupply boat at about 6:04 a.m. Sunday approximately 13.5 nautical miles (about 25 kilometers) east-northeast of the outpost, the Philippine task force for … Read more