Companies
Gains linked partly to Iran war ripple effects offer contrast to technology selloff
A COSCO container ship at the port of San Antonio in Chile. The company’s profit surged 80% in the third quarter, partly due to higher freight rates. © Reuters
WATARU SUZUKI
October 30, 2026 18:42 JST
SHANGHAI — Chinese shipping and coal shares defied a steep selloff in artificial intelligence suppliers this week, as persistent fuel shortages and supply chain disruptions lifted earnings.
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