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Oil surge on Trump blockade warning tests stocks’ resilience
خبر
30.04.2026

Oil surge on Trump blockade warning tests stocks’ resilience

Subscribers: The Daily Pulse won’t be published on May 1 because of China’s Labour Day holiday. We will resume publication on Monday, May 4. Crude oil prices jumped to a four-year high after US President Donald Trump suggested that a US naval blockade of the Strait of Hormuz could last for “months”. Brent crude, the global benchmark, surged as much as 7.3 per cent, surpassing US$126 a barrel, following reports that Trump met oil executives on Tuesday to discuss ways of extending the blockade and...

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SCMP Economy
China-Japan Flights Face 50% Cancellation Rate as Political Tensions Simmer
يتطور
سياسة·22.04.2026ملخص الذكاء الاصطناعي

China-Japan Flights Face 50% Cancellation Rate as Political Tensions Simmer

Nearly 50% of China-Japan flights were cancelled in March with 2,691 services scrapped, down from 5,512 in March 2025. Chinese tourist arrivals in Japan plunged 55.9% year-on-year to 291,600. About 45% of planned flights from China to Japan have been cancelled for May, including 210 services during the Labour Day holiday. The cuts are driven almost entirely by Chinese airlines, which analysts describe as a political move.

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SCMP Economy