Tag: ASXPAC

Column: The global oil market is tight despite what producers say

A worker collects a sample of crude oil at an oil well operated by Venezuela’s state oil company PDVSA in Mauritius, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rollins LONDON (Reuters) – Global oil stocks fell…

The UAE Minister of Energy said that he will continue to invest in the sector to ensure market stability

UAE Minister of Energy and Infrastructure Suhail Mohammed Al Mazrouei attends the session of the International Forum of Russian Energy Week in Moscow, Russia October 14, 2021. REUTERS/Maxim Shemetov CAIRO (Reuters) – UAE Energy Minister…

Exclusive China looks to lock up US LNG as energy crisis raises concerns

SINGAPORE/NEW YORK (Reuters) – Major Chinese energy companies are in advanced talks with US exporters to secure long-term supplies of liquefied natural gas, as rising gas prices and domestic power shortages heighten concerns about the…

A blast at a Shiite mosque in the Afghan city of Kandahar has caused heavy casualties.

KABUL, Oct 15 (Reuters) – A massive blast ripped through a Shiite mosque in the southern Afghan city of Kandahar during Friday prayers, killing at least 33 people and wounding 73 others. From a minority…

Coal prices in China have reached record levels, and early winter cold exacerbates energy problems

Fishermen sail on a boat in front of a power station of the State Development and Investment Corporation (SDIC) outside Tianjin, China, October 14, 2021. REUTERS/Thomas Peter Thermal coal prices in China hit a record…

London’s latest online grocery delivery app has come to Russia with love.

LONDON, Oct 14 (Reuters) – Russia’s largest internet company on Thursday sent moped riders in yellow shirts to deliver groceries across London to launch a newcomer to a crowded area. There are those who are…

Price Crisis: The global economy has fallen into a severe storm

British chicken king says 20 years of cheap food is over The International Energy Agency says the energy crisis may threaten the economic recovery Cold keeps coal prices in China high, energy crisis continues Biden…

Electricity companies in Singapore affected by the global energy crisis have left the market

Artificial tree-like structures called Supertrees are seen before lights go out to commemorate Earth Hour, at Gardens By the Bay, in Singapore, March 27, 2021. REUTERS/Dawn Chua/File Photo SINGAPORE (Reuters) – Two energy providers in…

China developer shares fall on Evergrande concerns

The company’s logo appears at the headquarters of China Evergrande Group in Shenzhen, Guangdong Province, China, September 26, 2021. REUTERS / Aly Song SHANGHAI (Reuters) – Shares and dollar bonds of Chinese real estate companies…

Asian stocks rose on inflation fears, and the dollar rose to a one-year high

DLR is near a 3-year high against the yen; One-year high against a basket of peers Oil prices are heading lower, but are still near multi-year highs Investors await Chinese trade, US CPI figures Most…

Chinese developers bonds, stocks were again hit by Evergrande contagion fears

SHANGHAI (Reuters) – Shares and bonds of Chinese real estate companies fell further on Wednesday after China Evergrande Group. (3333.HK) It has defaulted on its third round of interest payments on its dollar bonds in…

Tesla sold 56006 Chinese-made cars in September – CPCA

A man wearing a face mask after the outbreak of the coronavirus disease (COVID-19) walks past Tesla Model 3 sedans and a Tesla Model X sports car at Tesla’s new showroom in Shanghai, China, May…

Qatar is unable to alleviate the global energy crisis

A liquefied natural gas (LNG) tanker heads toward a thermal power plant in Futsu, east of Tokyo, Japan, November 13, 2017. REUTERS/Issei Kato Spanish steel comment added, British government comment DOHA/LONDON, Oct 11 (Reuters) –…

China Evergrande bond holders prepare for Monday’s coupon date

An outside view of the headquarters of China Evergrande Group in Shenzhen, Guangdong Province, China, September 29, 2021. REUTERS/Aly Song SHANGHAI (Reuters) – Offshore bondholders of embattled developer China Evergrande Group. (3333.HK) On Monday, it…

US stock futures led to a decline in Asia, the dollar gains against the yen

People wearing protective masks, amid the outbreak of the coronavirus disease (COVID-19), reflect on an electronic board showing Japanese stock prices outside a brokerage in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon Asian stock markets:…