Apple says it will manufacture iPhone 14 in India
Apple Inc (AAPL.O) said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. The company launched Continue Reading
Japan’s Top Refiner Is Gearing Up for the Oil Industry’s Decline
Takeshi SaitoPhotographer: Shoko Takayasu/Bloomberg Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Continue Reading
In China, home buyers occupy their ‘rotting’, unfinished properties
For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by Continue Reading
For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
Zhang Youping, a Chinese retiree, purchased an all-electric, small sport-utility vehicle from BYD — China’s largest electric vehicle maker — at an auto show for around $20,000 last month. Her Continue Reading
Soybean meal prices in China hit record high amid tight supply
Highlights Soybean meal spot prices reach Yuan 5,500/mt on average Replacement crush margin improves Market to remain tight until November Soybean meal spot prices in China hit its highest level Continue Reading
Pakistan PM Says ‘All Hell’ to Break Loose Without Debt Deal
Government signed ‘very tough’ agreement with the IMF, he says Nation ravaged by disaster, and political, economic turmoil WATCH: Pakistan Prime Minister Shehbaz Sharif made an urgent appeal for debt Continue Reading
India’s Russian thermal coal imports set to fall for first time in 4 months
India’s thermal coal imports from Russia are expected to fall for the first time in four months in September, two research consultancies said, potentially resulting in lower revenues for Moscow Continue Reading
Why India Is Suddenly Buying Less Russian Crude
In September, Indian refiners are not expected to buy any ESPO crude from Russia because of the higher shipping rates. African and Middle East crude becomes more attractive as shipping Continue Reading
This Is What Life’s Like in the World’s Strictest Covid Zero City
Seven times since last March, Ruili—on China’s Myanmar border—has felt the full force of Xi Jinping’s Covid Zero policy. China’s 1,300-mile border with Myanmar traverses some of the most rugged Continue Reading
China’s manufacturing steel demand rebounds in August, further improvement to be modest
China’s manufacturing steel demand rebounded in August and is expected to improve further in September and October on higher seasonal manufacturing activity, but market sources told S&P Global Commodity Insights Continue Reading