Latest: Energy News
Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer
Outlet says the US approached Beijing to hold talks on tariffs; Trump says "potential" trade deals are lined up with India, South Korea and Japan
China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free
Beijing says it will take legal action if companies push ahead with $23bn ports deal, insisting that the takeover must be reviewed by its top regulator
Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs
Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war
Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%
Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces
International Monetary Fund says Trump's tariffs were "a major negative shock" for the global economy and most economies will see slower growth in the near-term
In This Section
Recommended: Mining News
Recommended: New Energy News
Recommended: Oil & Gas News
Recommended: Rare Earths News
AF TV: Energy Videos
Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
-
Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
-
Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
-
Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
-
Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
