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The Hang Seng fell 1.3% and China stocks were down; while the Nikkei and other Asian markets were buoyed by rises on Wall Street.
Villagers and environmental groups say deforestation and extractive industries made impacts of a tropical storm far worse on Sumatra Island.
Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home
Three auto suppliers have received "general licences" designed to ease demand pressure by allowing more exports under year-long permits for customers
Warmer oceans are one reason Asia is experiencing more intense storms, but some of the latest cyclones were rare, as they formed close to the equator.
Southern Thailand and Malaysia are the latest regions hit hard by flooding; losses in Thailand are estimated at up to $150 million a day
More than 2,400 mines - many illegal and unregulated - are releasing deadly chemicals such as cyanide and mercury into rivers across much of mainland Southeast Asia
China's crude imports from Indonesia saw a huge jump this year, which is at odds with Indonesian data on crude exports; traders say it's likely Iranian crude trans-shipped via Malaysia.
China says 'trade cooperation' with Japan has been "severely damaged" by the new PM Sanae Takaichi's comment that a Chinese attack on Taiwan could trigger a military response
According to some analysts, the West will still rely on China for 91% of its heavy rare earths needs by 2030, down only slightly from 99% in 2024
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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.
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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
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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
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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
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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.
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