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Commodities

Commodities

Indonesia, China to Cut Nickel Output as EV Metal Loses Sheen

China and Indonesia account for 70% of global supplies of nickel, but producers in the countries have become unprofitable after…

1 week ago

China in Race With West to Build Best Solid-State Battery – Nikkei

China has invited top car and battery makers to a new research body to try to develop a world-class battery,…

1 week ago

China Carmakers ‘Must Ensure Parts Not Made by Forced Labour’

Human Rights Watch says it found evidence aluminum producers use workers from government labour transfer schemes that coerce Uyghurs and…

3 weeks ago

Singapore-Bound Oil Tanker Hit as Red Sea Tensions Escalate

The strike marks a serious escalation of attacks by Houthi militants given they have, so far, primarily targeted container vessels…

4 weeks ago

Mortgage Delinquencies in China Soared by 43% in 2023

The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while…

1 month ago

Debt-Laden Chinese Regions Told to Stop Some State Projects

The country's most indebted provinces and cities have been told to delay, downsize or stop work on state-funded transport projects,…

1 month ago

Chinese Port in Peru Seen Ramping up Trade With South America

China will get a 'Silk Road' gateway to South America and its resources via a $3.5 billion deep-water port at…

1 month ago

Trade With Russia Hit $240 Billion in 2023, China Says

Chinese shipments to Russia jumped 47% in 2023 from a year earlier, and soared 64% compared with 2021, before the…

1 month ago

China’s Deflation And Weak Economy Point to Another Bumpy Year

Consumer prices fell for a third month in December while factory-gate prices extended a more-than-year-long decline, data from the National…

1 month ago

Japanese, German Shipping Firms Still Avoiding Suez Canal

Japan's biggest sea freight companies, Mitsui OSK Lines and Nippon Yusen, and Germany’s Hapag-Lloyd are worried about threat of attacks in…

2 months ago

Japanese Tanker Attacked Near India by Iranian Drone, US Says

The US Department of Defence said on Saturday the drone that attacked the Japanese-owned chemical tanker was launched from Iran.

2 months ago

Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route

Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal,…

2 months ago