The renminbi is set to close out its steepest monthly fall on record as China’s economy reels from severe Covid-19 lockdowns and the US Federal Reserve prepares to raise interest Continue Reading
Western sanctions on Russia are beginning to sting, despite President Vladimir Putin suggesting otherwise. Inflation in Russia is expected to soar to 22% this year, with the IMF chief economist Continue Reading
Spot LNG cargoes, term contract volumes heard being resold China’s March LNG imports fall 18% on year Trucked LNG prices for coastal terminals, inland plants fall on weak demand China, Continue Reading
Apple executives warned that the group could sustain a hit of up to $8bn in the current quarter from headwinds including supply chain shortages and factory shutdowns in China, underscoring Continue Reading
The liquefied natural gas terminal at the Yangshan Deepwater Port in Shanghai, China. Bloomberg News Strict measures to halt the spread of Covid have slowed the growth of commercial natural Continue Reading
Daily life in Shanghai has ground to a halt as parts of the city’s social services collapsed under the weight of a strict citywide Covid-19 lockdown that is stretching into Continue Reading
Wheat area may fall 4% on year, yields seen down 18% on year Area, yields seen declining on rising fertilizer costs 2022-23 wheat exports seen falling 20% to 22 million Continue Reading
Asian 2022 oil demand growth to be softer than earlier expected China’s demand destruction taking a toll on Asian consumption India, Korea oil demand uptrend overshadowed by China’s woes Asia’s Continue Reading
China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the finance ministry said on Thursday, as Beijing strives to Continue Reading
The United States is finally “out of the full-blown explosive pandemic phase” that has led to nearly 1 million deaths from covid-19 and more than two years of suffering and Continue Reading
India’s power minister has told states to step up coal imports for the next three years, four sources told Reuters, reporting remarks that imply prolonged support for already elevated global Continue Reading
The timing could not have been better: Indian coal importers have been scouring for cargoes in a tight and expensive global market, and along comes an opportunity to access precious Continue Reading
Millions of people in Beijing took their second COVID-19 tests of the week on Wednesday as the Chinese capital tried to keep an outbreak numbering in the dozens from spiralling Continue Reading
The yuan’s sudden slide will gather pace over the next few months as markets price in a worsening outcome for the Covid-stricken economy, analysts say. Analysts from Credit Agricole CIB Continue Reading
Japan’s Prime Minister Fumio Kishida said the country must consider using more nuclear power, as the import-dependent nation grapples with rising fuel prices and a weak yen. Regulations in place Continue Reading
China’s zero-Covid policy has put the country’s stocks on track for their steepest monthly loss in six years, as investors and analysts warn of deeper falls to come on concerns Continue Reading
Chinese regulators led by vice-premier Liu He are concerned that the government is underestimating the economic impact of its crackdown on the property sector and Covid-19 lockdowns in Shanghai and Continue Reading
In 2018, when the power company Hope Energy entered Japan’s new retail electricity market, it thought it had a surefire strategy. Wholesale energy was becoming ever cheaper as liquefied natural Continue Reading
Public anger and grief over the bungled lockdown in Shanghai is creating a credibility crisis for the country’s leader, Xi Jinping, and his zero Covid policies. A banner reading “Persistence Continue Reading
As fourth doses of Covid vaccines roll out, some are questioning whether the general population needs them. At the center of this debate are mysterious T-cells. WSJ’s Daniela Hernandez explains Continue Reading
Families in Beijing rushed to stock up on food. Supermarkets stayed open late. Residents endured long lines for mandatory testing. China’s stock markets plunged.A fresh coronavirus outbreak in China’s capital Continue Reading
Chinese authorities are trying to reassure financial markets battered by a worsening growth outlook and rising Covid lockdowns. China looks increasingly left to its own devices in a bid to Continue Reading
China’s Central Bank Seeks to Calm Markets with Support Pledge China’s Covid crisis is giving fresh impetus to the worries about inflation that have dogged global markets this year. The Continue Reading
China has called on its top producing province to guarantee thermal coal supplies to some of the industrial hubs on the coast threatened by power shortages. Miners in Shanxi have Continue Reading
Indonesia is halting palm oil exports in the midst of high inflation, weather woes and tight supplies Hundreds of people line up to get cooking oils in Palembang, Indonesia on Continue Reading
Beijing kicks off first of three rounds of mass testing in populous district Mass testing fuels concerns of shortages of food, supplies Chinese stock market down on fears Beijing may Continue Reading
Port congestion in China is prompting more vessels to refuel at the country’s ports as the worsening Covid-19 outbreak forces the reconfiguration of shipping routes. China supplied 4.9 million metric Continue Reading
In China, the fertile soil is a product of the region’s geography and its special history. A Mao-era campaign to end famine tapped the country’s most fertile land. Now President Continue Reading
Yang Wenhui should be a proud example of China’s rise from economic rubble to global powerhouse. Growing up poor, he ate so much cabbage that he didn’t touch it again Continue Reading
Shanghai authorities battling an outbreak of COVID-19 have erected fences outside residential buildings, sparking a fresh public outcry over a lockdown that has forced much of the city’s 25 million Continue Reading
Rates are stalling in most low-income countries well short of the W.H.O.’s goal to immunize 70 percent of people in every nation. Some public health experts believe the momentum is Continue Reading
Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia’s war Continue Reading
China’s major financial hub of Shanghai reported more new COVID-19 related deaths on April 22, as residents vented their anger over a harsh lockdown and strict censorship online. Shanghai’s full-city Continue Reading
For weeks, Shanghai has made international headlines as a Covid-19 outbreak has forced the city’s 25 million residents to lockdown in their homes, many in severe distress over how to Continue Reading
Li Huixiang, a property broker in the central Chinese city of Zhengzhou, had been looking forward to a bumper March. In an effort to boost the city’s flagging property sector Continue Reading
China’s crude demand in April is expected to have declined 1.2 million bpd year-on-year. China’s gasoline, diesel, and jet fuel demand is set for a 20-percent plunge this month compared Continue Reading
China’s reliance on Middle Eastern crudes grew sharply in the first quarter of 2022, as the country reduced inflows from Russia, Brazil and the US, data from the General Administration Continue Reading
India trade group U.S. urges cooperation rather than export bans Indonesian govt under pressure to control cooking oil prices Global prices at records this year after Indonesian curbs Edible oils Continue Reading
Stiffening resolve after three weeks of strict lockdown, authorities warned Shanghai’s 25 million frazzled residents on Friday that their purgatory would go on until the COVID-19 virus was eradicated neighborhood Continue Reading
Fuel consumption in April to drop 20% from year ago: sources Shanghai vows to step up enforcement of Covid-19 restrictions Near-empty roads during a Covid-19 lockdown in Shanghai, on April Continue Reading
When will China build its last coal-fired power plant? That’s the question environmental advocates have been asking ever since Chinese leaders pledged ahead of climate negotiations in Glasgow, Scotland, last Continue Reading
The latest round of measures includes mass disinfection of homes and preventing those infected from leaving their residences Authorities in Shanghai have said they will tighten the enforcement of lockdown Continue Reading
While China is making some major investments in solar and wind, it is struggling to shed its reliance on coal. Soaring demand has made it especially difficult for China to Continue Reading
Another 37 GW capacity could be stopped 18 projects with 19.2 GW capacity in grey area Under-construction projects should proceed cautiously: NDRC China has shelved plans to build 15 coal Continue Reading
China’s key state-run energy companies are in talks with Shell Plc to buy its stake in a major Russian gas export project, according to people with knowledge of the matter. Continue Reading
Shanghai authorities said on Thursday that tough restrictions would remain in place for now even in districts that managed to cut COVID-19 transmission to zero, prolonging the agony for many Continue Reading
China’s economic activity took a dramatic hit in April, according to a survey of sales managers that offered an early indication of how badly expansive Covid lockdowns weighed on the Continue Reading
Lu Muying died on April 1 in a government quarantine facility in Shanghai, with her family on the phone as doctors tried to resuscitate her. She had tested positive for Continue Reading
China’s credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its war on Ukraine, cutting off a possible alternative after Continue Reading
Demand for soybeans from China — the world’s biggest importer of soybeans — is forecast to fall 3.5%-6.1% year on year in 2022 due to lower demand from the downstream Continue Reading
