The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May

A heatwave spurred power generators in China to ramp up purchases of coal in July by 24% over the previous month, driven by greater use of air conditioners in many cities.

India's top rice-producing states of Bihar, Jharkhand, West Bengal and Uttar Pradesh have recorded a monsoon rainfall deficit of as much as 45% so far this season

The Pakistan Ministry for Energy wants to move away from imported power sources like coal and use more wind, solar and hydroelectric

Water would be moved from the Three Gorges Dam to the Han River via a 1,400km open canal, the South China Morning Post reported, with the aim of boosting food production by some 540 tonnes.

Refiners from India, Dubai and other Chinese state oil firms have been outbidding Asia's biggest oil refiner in purchases of Russian oil this month, market traders say

Analysts said the yen's tumbling value against the dollar caused share price boosts for automakers and microchip producers

Chinese exports grew by almost 18% in June, well above forecasts and the highest rate in five months, but imports were flat and foreign trade still faces instability, a Customs spokesman said

The ``big surprise’’ in coming months will be the collapse of inflationary pressures around the world, says Societe Generale. US CPI food prices will plunge into deflation, just as they did in 2008, it says.

UltraTech Cement is bringing in 157,000 tonnes of coal from Russian producer SUEK and paying for it with Chinese yuan

China's Tianqi Lithium Corp plans to open its books on Thursday, June 30, for a listing in Hong Kong in mid-July that could raise $1-2 billion, sources have revealed

Copper is heading for its steepest weekly drop since March 2020, while tin is on track for a weekly percentage fall of nearly 22%, its biggest on record