The Asia Eight

Daily must-reads from the world’s most dynamic region

May 6, 2021

1 TOP STORY: US trade chief backs vaccine patent waivers

2 ATF TV: The future of Asia-EU trade after Suez blockage crisis

3 ASIA MARKETS: Cautious optimism after Powell comment

4 NEWS: China suspends economic agreement with Australia

5 NEWS: Minerals choke threatens clean energy transition: IEA

6 NEWS: Oz set to reject Qantas-Japan tie-up over competition

7 NEWS: Japan's Nissan sells Daimler stake in reinvention bid

8 NEWS: Tencent seeks to keep stakes in US video game makers 

01 Top Story

US trade chief backs vaccine patent waivers

US Trade Representative Katherine Tai backs a waiver for patents on Covid vaccines, sending down drug maker shares; expects to meet China's Liu He in the 'near-term' 

02 ATF TV The future of Asia-EU trade after Suez

The recent Suez Canal blockage disrupted billions of dollars of trade between the EU and Asia. Philip Young, partner at Cook, Younge and Keidan, examines the likely long-term repurcusions on one of the world’s most important trade routes.

03 Asia Markets Cautious optimism on Powell comment

Yuan drops to a one-week low on economic outlook, tensions; China markets underperform on geopolitics; US Treasury yields eyed after “frothy” comment

04 China halts Oz deal

NDRC said the move was 'based on the current attitude' of the Australian government; Canberra said the decision was 'disappointing'

05 Energy transition fears

Vital materials - including lithium, nickel, cobalt, manganese, graphite and rare earth elements - face demand and supply problems, according to a new report

06 Qantas tie-up imperilled

Regulator says deal between two major carriers that would allow them to coordinate fares and schedules is unlikely to help consumers

07 Nissan sells Daimler stake

Carmaker has been trying to become profitable again and recover from reputational damage caused by departure of former leader Carlos Ghosn amid scandal

08 Tencent gaming bid

Washington investigates whether Chinese company's holdings in developers of 'League of Legends' and 'Fortnite' constitute a national security risk