Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia’s oil and liquefied natural gas (LNG) after Moscow’s invasion of Continue Reading
As the government in Hong Kong struggles to contain the city’s worst Covid outbreak ever, some residents have panicked. They have emptied supermarket shelves of vegetables and meat. They have Continue Reading
Highlights Allowing refiners, importers to lower stockpile by 4 days until April 8 Japan’s oil release equates to 12.5% of IEA’s total oil release Japan said it started March 10 Continue Reading
Australia’s thermal coal prices are expected to remain elevated in the near term as it finds new buyers in Europe amid the Russia-Ukraine conflict, while interest from Japan and South Continue Reading
The appetite for Russian crude among China’s independent refiners fell to a nine-month low in February due to lower runs amid festive holidays and the Winter Olympics, while shipping risks Continue Reading
Highlights Subsidy payment rises to Yen 17.7/liter on the week, from Yen 5.0/liter Subsidy payments could reach upper limit of Yen 25/liter after March 17: sources The Japanese government more Continue Reading
Australia declared a national emergency on Wednesday in response to devastating floods along its east coast, and designated catastrophe zones in towns swept away by swollen rivers. “Australia is becoming Continue Reading
China appears to have been unsettled by the difficulties Russia has faced since its invasion of Ukraine, but Chinese leader Xi Jinping’s determination with regard to Taiwan should not be Continue Reading
Indonesia, the world’s biggest exporter of edible oils, will tighten its control over shipments in a sign of growing protectionism around the world as countries grapple with soaring food prices. Continue Reading
A bout of fresh volatility is hitting Chinese equities, evoking memories of the 2018 meltdown, as the war in Ukraine threatens to complicate the Asian nation’s plans to ease policy Continue Reading
