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Category: Asia

Category:
  • India

Surging prices hold back India’s oil demand growth momentum, albeit temporarily

India’s oil products consumption falls 4% on month in April Initial May consumption trend showing healthy recovery signs India’s oil demand to grow 245,000 b/d in 2022: Platts Analytics India’s Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Sri Lanka

Sri Lanka Can’t Find Cash to Pay Even One Ship for Petrol

Sri Lanka asked citizens not to queue for gasoline as the nation on the verge of default has no dollars to pay for a fuel shipment. “There is a petrol Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Pakistan

Pollution Kills 9 Million People a Year as Fixes Are Neglected

Traffic travels along a highway shrouded in smog in Lahore, Pakistan in December 2021. The city of more than 11 million people in Punjab province near the border with India Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • India
  • Pakistan

Climate change swells odds of record India, Pakistan heatwaves

Taking shelter from the scorching heat in Delhi Climate change makes record-breaking heatwaves in northwest India and Pakistan 100 times more likely, a Met Office study finds. The region should Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • India

India’s heatwave to lift AC sales to record, but supplies from China delayed

Indian air conditioner manufacturers are expecting record sales this year as a heatwave scorches most of the country, an industry body told Reuters, but delayed arrivals of components from COVID-hit Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Japan
  • Nuclear

Japan nuclear regulator grants initial nod to Fukushima water release plan

Japan’s Nuclear Regulation Authority (NRA) granted an initial approval on Wednesday for a Tokyo Electric Power’s (Tepco) (9501.T) plan for releasing water from the destroyed Fukushima nuclear power plant into Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • China

Goldman Cuts China’s Growth Forecast to 4% on Covid Policy

Goldman Sachs Group Inc. cut its economic growth forecast for China for this year to 4% as the government doubles down on a Covid Zero policy that’s forced major cities Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • China
  • North Korea

North Korea Receives Aid From China as Covid Outbreak Spreads

North Korea, battling its first major Covid-19 outbreak, has reached out for help to its closest ally, China, while ignoring offers of vaccines from South Korea. Three North Korean cargo Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

China diverts anti-poverty funds to Covid testing as crisis deepens

China’s cash-strapped local governments have been forced to divert funds from poverty alleviation and infrastructure to finance mass coronavirus testing as President Xi Jinping’s zero-Covid policy causes growing financial strains. Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • China

How China Is Attempting To Control Middle East Oil Chokepoints

The geographical location of Oman makes it one of the most strategically important countries in the world when it comes to energy and trade. China, notably through its relationship with Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • India
  • Russia

Russia jumps to 4th position as oil supplier to India – tanker data

Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in coming months as low prices spur demand from the world’s No. 3 oil Continue Reading

Posted On : 17 May 2022 Published By : Tom Whipple
Category:
  • China

China’s Economic Distress Deepens as Lockdowns Drag On

China’s economy descended deeper into a Covid-19-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged downturn. Consumer spending and factory output tumbled in Continue Reading

Posted On : 17 May 2022 Published By : Tom Whipple
Category:
  • China

CHINA DATA: April crude throughput hits two-year low of 12.66 mil b/d

China’s crude throughput slumped 10.5% year on year to a two-year low of 12.66 million b/d, or 51.81 million mt in April, as COVID-19 resurgence hurt oil demand, the National Continue Reading

Posted On : 17 May 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • North Korea

N.Korea mobilises army, steps up tracing amid COVID wave

North Korea has mobilized its military to distribute COVID medications and deployed more than 10,000 health workers to help trace potential patients, as it fights a sweeping coronavirus wave, state Continue Reading

Posted On : 17 May 2022 Published By : Tom Whipple
Category:
  • China
  • Climate

Climate Change Threatens China With Yet Another Deadly Flood Season

As China’s rainy season starts, National Climate Center forecasts show that flooding in the north and south of the country could be as bad as last summer when torrential rain Continue Reading

Posted On : 17 May 2022 Published By : Tom Whipple
Category:
  • India

Wheat Soars in Risk to Food Inflation as India Restricts Exports

Wheat Soars as India Restricts Exports Wheat jumped by the exchange limit after India’s move to restrict exports, exposing just how tight global supplies are after the war in Ukraine Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China
  • Japan

Yen, Supply Chain Chaos Send Japan Manufacturers Home

Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co. executive. The rapidly weakening yen that boosts the competitiveness of Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China

China’s thermal coal futures mute as Beijing reins in commodity inflation

Trade in China’s thermal coal futures has almost come to a halt after Beijing stepped up its control of coal prices to rein in the soaring costs of energy and Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China

China’s April oil refinery output plunges to 2-year low as COVID curbs bite

China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker demand due Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China

China’s April coal output leaps 11% on year, but demand downturn looms

China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

Shanghai aims for June 1 return to normal as COVID lockdown batters economy

 Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily bruising China’s economy, and for the return of Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • North Korea

North Korea’s Kim orders military to stabilise supply of COVID drugs

Army medical corps told to stabilise supply of medicine Leader’s order comes before visits to pharmacies in capital Pharmacies seen to lack equipment for the task -KCNA S.Korea offers talks Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China

Not a Single Car Was Sold in Shanghai Last Month

For evidence of just how tight Shanghai’s lockdown has been, consider this: not a single car was sold in the city last month. The majority of the city’s 25 million Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • North Korea

Kim blasts pandemic response as North Korean outbreak surges

North Korean leader Kim Jong Un criticized officials over slow medicine deliveries and mobilized the military to respond to a surge in suspected COVID-19 infections, as his nation struggled to Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • China

China’s economic activity plummets as Covid lockdowns hit growth

China’s economic activity contracted sharply in April as a wave of lockdowns across the country posed the most significant challenge to its growth prospects since Covid-19 emerged more than two Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • Climate
  • India

What It’s Like to Live Through India’s Nonstop Heat Wave

A diary from New Delhi on a recent day when the city of 19 million struggled to cope with killer temperatures Large parts of northern and central India are bracing Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • China

Shanghai aims to reopen more COVID-shut businesses, Beijing battles on

Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict COVID-19 lockdown, while Beijing battles Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • North Korea

North Korea reports more deaths, says taking ‘swift measures’ against COVID outbreak

North Korea said on Sunday a total of 42 people had died as the country began its fourth day under a nationwide lockdown aimed at stopping the impoverished country’s first Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • India

India Bans Wheat Exports in Growing Wave of Food Protectionism

 India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine, saying that the nation’s food security is under threat. Exports Continue Reading

Posted On : 14 May 2022 Published By : Tom Whipple
Category:
  • India

India bans wheat exports, adding to global supply crunch

 Ban effective May 13 Surprise move puts 2-3 mil mt of wheat supply at stake Traders expect India’s prices to drop India placed a ban on exports as of May Continue Reading

Posted On : 14 May 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • North Korea

North Korea’s Kim says COVID ‘great turmoil’, 21 new deaths reported

North Korean leader Kim Jong Un said on Saturday that the spread of COVID-19 had thrust his country into “great turmoil” and called for an all-out battle to overcome the Continue Reading

Posted On : 14 May 2022 Published By : Tom Whipple
Category:
  • India

India’s refiners need to diversify to de-risk in changing energy landscape – FIPI chief

 Refiners need to boost competency in petrochemicals, renewables, hydrogen Expanding products portfolio key to diluting risk from volatile global markets Diesel, jet fuel exports gain speed as economies open up Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • China

Medical scans are latest casualty of China supply chain breakdowns – The Washington Post

Doctors in the United States are prioritizing only the most critical patients and hospitals are rationing supplies of a crucial drug after a covid lockdown in China temporarily closed a GE Healthcare Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • China

April runs in China decline on lockdowns

China’s crude throughput is set to reach a two-year low in April as state and independent refiners have slashed runs because of the latest COVID-19 resurgence that has hurt the Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • North Korea

N.Korea reports first COVID-19 death as fever spreads ‘explosively’

At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • North Korea

N. Korea reports 6 deaths after admitting COVID-19 outbreak

 Six people have died and 350,000 have been treated for a fever that has spread “explosively” across North Korea, state media said Friday, a day after the country acknowledged a Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • coronavirus

Global Covid-19 Summit upstaged by Ukraine war, inflation

When the United States brought world leaders together last year to discuss how to end the pandemic, President Biden emphasized the historic scale of the problem. “This is an all-hands-on-deck crisis,” Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • Agriculture
  • India

Production, logistical concerns cast shadow over India’s wheat export potential

Traders see output falling to 105 million-106 million mt in MY 2022-23 MY 2022-23 exports seen declining to 7 million-8 million mt Export prices rise on concerns over supply tightness, Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • North Korea

North Korea confirms 1st COVID outbreak, Kim orders lockdown

 North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record-keeping Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • China

China’s Economic Slowdown Is Rippling All Around the World

China’s lockdowns could cost the company between $4 billion and $8 billion in lost sales. For decades, the world has depended on China as a massive factory floor and market. Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • North Korea

Unvaccinated North Korea Locks Down After Reporting First Local Covid Infection

North Korea, which hasn’t vaccinated its population, imposed a lockdown in all its major cities after it reported its first local case of Covid-19 more than two years after the Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Japan
  • LNG

Japan, EU to cooperate to ensure LNG supply, reduce reliance on Russian energy

Japan and the EU agreed on May 12 to cooperate and help each other’s security of LNG supply, and work together to reduce Europe’s dependency on Russian energy supply by Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • China

CHINA DATA: Shandong independent refiners’ throughputs hit 26-month low

Low throughputs generate high feedstock inventory ZPC, Hengli cut throughputs by 21.8% on month Feedstock consumption at Shandong’s independent refineries continued to fall and hit a 26-month low in April Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • India

India Eases Green Rules for Coal Mines to Tackle Fuel Crisis

India has eased environment approvals for coal mine expansions to boost output amid fuel shortages that have triggered hours-long blackouts . Some existing sites will be able to raise production Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • India

Indian Railways missed Coal India train provision targets for over a year- data shows

 Indian Railways’ supply of trains to Coal India (COAL.NS) for transporting coal has fallen short of its monthly targets for more than a year, government data showed, highlighting the problems Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

WHO chief says China’s zero-COVID policy not ‘sustainable’

The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China

Exclusive: Tesla halts most output at Shanghai plant, April sales dive

Tesla Inc (TSLA.O) has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • Economy

Xi Jinping Scrambles as China’s Economy Stumbles

If Xi Jinping was hoping for an uneventful and stable 2022 before his planned “re-election” this fall, he must be disappointed. In January I wrote that “China’s economic future isn’t Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

Half of Shanghai achieves ‘zero COVID’; city presses on with ‘unsustainable’ fight

 Shanghai officials said on Wednesday that half the city had achieved “zero COVID” status, but uncompromising restrictions had to remain in place under a national policy that the head of Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

WHO chief’s remarks on China’s COVID policy blocked on country’s social media

A United Nations Weibo post on the World Health Organization chief’s comments that China’s zero-tolerance COVID-19 policy is not sustainable was removed from the Chinese social media platform on Wednesday Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple

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