Latest: Energy News
The producer price index for May fell for an eighth consecutive month, the National Bureau of Statistics (NBS) said on Friday; the 4.6% drop is the biggest fall since 2016
Trade between the two countries was worth more than $93.8 billion, highlighting how Beijing has maintained its ‘no limits’ partnership with Moscow
Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction
Chinese state media have been happy to report that the World Bank has lifted its GDP growth forecast to 5.6%. It has also raised its 2023 global growth forecast
The path to Indonesia's new high-speed rail service, built and funded with Chinese aid, has been drawn-out and bumpy, and now there are tussles over when it should open and loan fees
Batteries are central to Japan’s plan to fuel clean energy expansion and be carbon neutral by 2050
Japan plans to spend $107 billion over the next two decades to boost the production of hydrogen fuel by six times more than planned, it said on Tuesday
Economic challenges and geopolitical tensions have made fundraising difficult, with investment in China by global players in particular slowing
"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted
The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia
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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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