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Category: East Asia

Category:
  • China

China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says

China Evergrande Group EGRNF 7.41% made an overdue interest payment to international bondholders, the state-owned Securities Times reported Friday, an unexpected move that allows the property company to stave off a default. The Continue Reading

Posted On : 23 Oct 2021 Published By : Tom Whipple
Category:
  • China

China’s overseas coal ban raises pressure on developing countries to go green

For Vietnam’s central planners, the timing was terrible when China announced it would no longer build coal-fired power projects abroad. In early September, an updated energy blueprint for the Southeast Asian nation Continue Reading

Posted On : 23 Oct 2021 Published By : Tom Whipple
Category:
  • China

China Vows Crackdown On Coal Futures Speculation

Chinese authorities have signaled they would start looking into the recent price spikes and subsequent plunge in the domestic coal futures market as part of efforts to contain the price Continue Reading

Posted On : 23 Oct 2021 Published By : Tom Whipple
Category:
  • China

China coal prices mark worst week since May on govt intervention

China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest intervention in years to boost supply and cool runaway prices of Continue Reading

Posted On : 23 Oct 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

From Baltic to Balkans, Covid crisis engulfs central and eastern Europe

As ambulances carrying coronavirus patients queue outside Romania’s emergency units, hospitals are running out of beds, morgues are overflowing and doctors are becoming exasperated as well as exhausted. Most of Continue Reading

Posted On : 23 Oct 2021 Published By : Tom Whipple
Category:
  • China

China coal futures slump as gov’t signals intervention to ease power crisis

China’s thermal coal futures fell by their trading limit for the third evening session in a row on Thursday, extending losses triggered by signs Beijing may intervene to cool surging Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple
Category:
  • China

Chinese Developer Defaults Pile Up as Evergrande Contagion Spreads

he pain is spreading in the market for Chinese junk bonds. Dollar-bond defaults from Chinese property developers are rising quickly as the country’s housing market slumps, and the problem could Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple
Category:
  • China

CHINA DATA: Sep pipeline gas imports hit new record of 3.9 million mt

China’s pipeline natural gas imports set a new record of 3.87 million mt in September, up 2.2% from the previous high of 3.79 million mt in August, showed latest data Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple
Category:
  • China

China coal surge puts supply record, power jump within reach

China’s new coal output rate, hiked this week in the teeth of an energy crunch, puts it on pace to produce more of the fuel this year than ever before Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple
Category:
  • China

China coal prices mark worst week since May on govt intervention

China coal futures down nearly 15% this week Beijing signals intervention to cool prices from record highs Traders take wait-and-see approach to demand-supply situation BEIJING, Oct 22 (Reuters) – China’s Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple

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