A Chinese developer of real estate projects that use green technologies has become the latest builder to miss debt payments, just as defaults from the nation’s borrowers on offshore bonds Continue Reading
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
Fuji Oozx Inc. is one of hundreds of automotive-parts suppliers in Japan whose very existence is being threatened by the world’s shift toward electric vehicles. For almost 70 years, the Continue Reading
The power crisis in China is driving aluminum alloy prices higher as supplies come under threat. China is limiting supplies of key components used across a range of industries. While Continue Reading
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contractual obligations in its latest bid to tame prices that Continue Reading
Production costs at Chinese steel mill have increased, especially at electric arc furnaces, because of recent power rationing and government demands for energy consumption cuts, the country’s steel association said Continue Reading
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
Curbing China’s output of greenhouse gas will do more than almost anything else at this point to decide the fate of the planet. That primacy comes from being, by far, Continue Reading
China aims to have non-fossil energy consumption exceed 80% of its total mix by 2060, when the world’s second-biggest economy plans to be carbon neutral, according to guidelines published by Continue Reading
China’s cabinet on Sunday outlined measures to achieve its goals of reaching peak carbon emissions by 2030 and carbon neutrality before 2060 but said food and energy security must be Continue Reading
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
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
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
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
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
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
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
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
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
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
A booster shot of the BioNTech/Pfizer vaccine is 95.6 percent effective against Covid-19 compared with two shots and a placebo, the companies said on Thursday, citing preliminary results from the Continue Reading
Can new variants of the coronavirus keep emerging? Yes, as long as the virus that caused the pandemic keeps infecting people. But that doesn’t mean new variants will keep emerging Continue Reading
China’s thermal coal futures fell the maximum 11% at the start of Wednesday’s night session on the Zhengzhou Commodity Exchange, extending a plunge triggered by possible government intervention in prices Continue Reading
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial success followed by failure. So far this year, Continue Reading
China’s coal futures fell 8% to their downward limit in night trading on Tuesday as the state planner said it was looking at ways to intervene and bring record high Continue Reading
The energy crisis amid a coal shortage in China has worsened because of colder weather in recent days, sending the key local coal futures contract to a new record high Continue Reading
Oct. 1 letter, now public, says deals signed Sept. 1 High Asian and European prices spur contracting Venture Global LNG has signed two long-term offtake contracts with China’s Sinopec for Continue Reading
A spectacular rally in coal futures in China hit an abrupt halt as the government began a policy blitz intended to tame prices and ease the nation’s power crisis. The Continue Reading
Chinese authorities are imposing new hurdles for fertilizer exporters amid growing concerns over surging power prices and food production, a move that could worsen a global price shock and food Continue Reading
Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power Continue Reading
China’s energy administration has urged power grid firms to maximise the purchase of electricity from renewable projects, to help ease power outages in the country. Grid firms should prioritise renewable Continue Reading
General Electric Co. GE 0.59% , Union Pacific Corp. UNP -0.08% and other large U.S. employers are imposing Covid-19 vaccine mandates for their workers to comply with a Dec. 8 deadline set by the Biden administration for companies that are federal contractors. Boeing Co. , International Continue Reading
Medics wearing special suits to protect against coronavirus treat a patient with coronavirus, left, as others prepare a patent to move at an ICU at the Moscow City Clinical Hospital Continue Reading
Officials are keeping a close watch on a new descendant of the Delta variant of Covid that is causing a growing number of infections. Delta is the UK’s dominant variant, Continue Reading
China’s power shortages hit growth in the world’s second biggest economy, threatening more pain for global supply chains, while Europe’s gas squeeze looked set to continue as Russia’s Gazprom showed Continue Reading
Foxconn, the Taiwanese electronics giant that assembles Apple’s iPhones, on Monday showed off the first physical fruits of its effort to become a major player in electric vehicles: a luxury Continue Reading
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply. Thermal coal for January delivery, the Continue Reading
Factory owners in China and their customers worldwide have been told to prepare for power supply disruptions becoming part of life as President Xi Jinping doggedly weans the world’s second-biggest Continue Reading
China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and Continue Reading
Taiwan tech giant Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc Continue Reading
China’s power woes look set to intensify as coal prices rose to a record on Monday following data showing supply of the fuel fell in September adding to concerns that Continue Reading
China daily crude oil processing rate fell again in September, to the lowest since May 2020, as feedstock shortage and environmental inspection crippled operations at refineries and a power crunch Continue Reading
WATCH: Helen Qiao of BofA Global Research discusses what the latest figures say about the state of China’s economy. China’s housing slump and electricity shortages dragged down economic growth last Continue Reading
China’s economy slowed rapidly in the third quarter under the stress of a property slump and electricity shortages. Beyond the headline numbers though, the dataset had a few other interesting Continue Reading
Gross domestic product grew 4-9 per cent year-on-year between July and September, according to data released by the National Bureau of Statistics on Monday, compared with 7-9 percent in the three Continue Reading
Steel mills have faced power cuts. Computer chip shortages have slowed car production. Troubled property companies have purchased less construction material. Floods have disrupted business in north-central China. It has all taken a Continue Reading
It was the summer when the rains wouldn’t stop. The lights went out. And a housing boom came to a shuddering halt. China’s economy still grew 4.9 percent in the Continue Reading
Chinese firms in talks with U.S. LNG suppliers – sources Coal prices hit record high in in China amid shortages Poland, Germany take steps to support consumers Oil prices hit Continue Reading
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
Beijing’s crackdown on the private refining industry was one reason behind this import decline as the government tackled excessive fuel supply As it tackles teapots, however, Beijing is having trouble Continue Reading
