Latest: Energy News
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9% to its highest since April 2022, while the Nikkei was close to its peak, the Topix hit all-time highs, and the Hang Seng rose for a fourth straight day
BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up
India has suffered water shortages for decades, but crises are now more frequent as summers get hotter, disrupting agriculture and industry and risking social unrest
Many Chinese battery-makers have invested in the African nation recently as JVs with local firms in countries with trade deals with the US may get tax credits
South Korea's Hyundai Motor and LG Energy Solution opened the first EV battery plant in Indonesia on Wednesday. It is part of a $9.8bn plan to set up an EV supply chain in SE Asia's biggest economy
The EU is set to confirm provisional tariffs on Chinese EVs on Thursday, but many states are yet to decide on whether tariffs or a negotiated solution is the better outcome
Top Chinese carmaker has enjoyed steady growth at home, selling 426,039 EVs in the second quarter, based on monthly totals
Break-neck expansion in China’s renewable energy capacity has led to more power generation than the country’s grids can handle — something recent data affirmed
The new rules, which take effect in October, say the State Council will establish a rare earth product traceability information system. They also seek to protect domestic supply of critical minerals.
US lawmakers had a busy week discussing rules about Chinese electric vehicles, as well as trade and investment measures on chips, drones and shipbuilding
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
