Kazakhstan Pins Wave Of Cyberattacks On Foreign Actors
Kazakhstan has for the past week been on the receiving end of a wave of cyberattacks that IT experts say have slowed down internet connections across the country. The problem Continue Reading
Yen Weakens Past 145 Per Dollar, Nears Prior Intervention Levels
Monex’a Simon Harvey discusses the yen’s drop and BOJ policy. The yen slid back past 145 per dollar, prompting renewed warnings from Japan’s finance minister and boosting speculation the government Continue Reading
China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit
China’s ENN is expected to make a profit of between $110 million and $130 million on a single liquified natural gas shipment to Europe. SINGAPORE—The economic slowdown in China, a Continue Reading
China Tightens Lending Taps, Leaving African Markets Vulnerable
s Developing countries in Africa are losing a champion that for years allowed them to borrow at cheaper rates than they could find in capital markets. China, Africa’s largest bilateral Continue Reading
China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit
China’s ENN is expected to make a profit of between $110 million and $130 million on a single liquified natural gas shipment to Europe. SINGAPORE—The economic slowdown in China, a Continue Reading
China property woes trigger decline in global cement output
The biggest fall in Chinese cement production in at least two decades has dragged global output of the construction material into decline, demonstrating how a crisis in the country’s vast Continue Reading
Indonesia Set To Win Big As European Smelters Shut Down
The ongoing energy crisis has forced smelters in China and Europe to curb production. Indonesian nickel producers are aiming to ramp up production as prices inch higher. Many feel that Continue Reading
In China, Living Not ‘With Covid,’ but With ‘Zero Covid’
The signs of a looming lockdown in Shenzhen, China, had been building for a while. The city had been logging a few coronavirus infections for days. Daily Covid tests were Continue Reading
Japan’s dependency on Middle East crude reaches 94.5% in August -METI
Japanese crude oil imports from the Middle East in August rose 12.1% from a year earlier to 2.82 million barrels per day (bpd), equivalent to 13.88 million kilolitres, with Japan’s Continue Reading
China to Allow a Lot More Fuel Exports in Possible Boost to Oil
China issued its biggest fuel-export quota this year, a highly anticipated allocation that could offer a lifeline to a faltering oil market. Refiners and traders have been given 15 million Continue Reading