China to cut coal import tariffs to zero from May 1
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
Fauci says U.S. is out of coronavirus ‘pandemic phase’
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 power minister tells states to step up coal imports for 3 years – sources
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
For coal-starved India, a free-trade deal with Australia is a blessing in disguise
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
China’s capital in race to detect COVID cases, avoid Shanghai’s distress
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
Yuan Losses Have Room to Run as Covid Puts Economy Under Siege
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 Leader Says Nuclear Power Should Be Reconsidered as Energy Costs Soar
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
Chinese stocks notch steepest monthly loss in 6 years as lockdowns hit growth
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
China policymakers clash over how to counter property slump
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
Can Japan Keep the Lights On? The Ukraine War Upends a Big Energy Bet.
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