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Foreign Ministry spokesman Lin Jian said at a routine briefing that Jordan’s King Abdullah II is visiting China. Lin said China and Jordan have traditionally friendly ties and Beijing will use the visit to advance the China‑Jordan strategic partnersh

2026-08-24

Foreign Ministry spokesman Lin Jian said at a routine briefing that Jordan’s King Abdullah II is visiting China. Lin said China and Jordan have traditionally friendly ties and Beijing will use the visit to advance the China‑Jordan strategic partnership. The ministry said it will release further details on the visit in due course.

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2026-08-24

Morgan Stanley strategist Michael Wilson says a further sharp rise in oil prices is the biggest risk to U.S. equities and recommends using energy stocks to hedge portfolio risk. He warned higher oil could push yields up and ultimately force the Fed t

Morgan Stanley strategist Michael Wilson says a further sharp rise in oil prices is the biggest risk to U.S. equities and recommends using energy stocks to hedge portfolio risk. He warned higher oil could push yields up and ultimately force the Fed to act, noting Fed chair Kevin Warsh is seeking to return disinflation to target. "By then, more responsibility will fall on the Fed rather than the Treasury," he said. "We have no doubt the Fed will ultimately respond, but may not act before markets suffer additional volatility." Wilson recommends positioning in energy names as an oil hedge; Exxon Mobil Corp and Chevron Corp are both up more than 30% YTD, over twice the S&P 500's gain. He reiterated a preference for so‑called "high-quality stocks"—companies with more stable earnings, higher margins and stronger operating efficiency.
2026-08-24

At the opening of the morning session, most domestic futures contracts rose, with container shipping to Europe up over 4%, coking coal and lithium carbonate up over 3%, soda ash, coking coal, glass, and gold up over 2%, and synthetic rubber and silve

At the opening of the morning session, most domestic futures contracts rose, with container shipping to Europe up over 4%, coking coal and lithium carbonate up over 3%, soda ash, coking coal, glass, and gold up over 2%, and synthetic rubber and silver up nearly 2%. On the downside, soybean oil, asphalt, and rapeseed oil fell nearly 1%.
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