Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices for now, thanks to long-term contracts and a diversified supply chain, companies said.

German sportswear giant forecasts an increase in currency-neutral sales of 11-13% for 2022, including risk to its business in Russia and Ukraine, with China to see a modest sales increase

Nickel prices in China hit a record high on Wednesday with prices rising 17% to hit 267,700 yuan (about $42,400) a tonne, touching the ceiling for permitted daily gains

Spot thermal coal prices for the Newcastle Port benchmark have soared 35% over the past week to a record $353.75 a tonne, stoked by supply shortages

The Hong Kong carrier, like rivals in mainland China and South Korea, is continuing to use Russian airspace on flights to Europe, according to flight tracking website FlightRadar24

Hong Kong leader Carrie Lam said the government would strengthen medical treatment and resources and set up more isolation and temporary care facilities for elderly coronavirus patients

Producer price index (PPI) increased 8.8% on year, the National Bureau of Statistics (NBS) said, easing from 9.1% growth in January and slightly higher than analysts expected

Australian intelligence chief Andrew Shearer says China's President may be planning to dominate the Indo-Pacific region and use it as a base to overtake the US as the world's leading power

The business, which serves mid-sized and emerging corporates, will place a majority of these hires in China, Hong Kong, India and Singapore

Chinese tax experts cite digitalisation, mergers and acquisitions and divestures and lack of guidance from authorities as primary drivers of disputes

Prices of thermal coal, typically used to generate electricity, have shot to record highs due to increased buying by Europe after sanctions on Russia

Huge imports of the metal into China, much of it by speculators taking advantage of relatively low prices, consumed the market surplus in 2021, a global trade body said