China’s demand for thermal coal is likely to keep falling through the rest of the first half, as virus restrictions continue to mire the economy in a deep slump.
Semiconductor Manufacturing International Corp. has been added to two ESG-focused indexes in Hong Kong, even as China’s largest chipmaker remains a sanctioned entity in the US.
Qantas Airways Ltd. is pushing up fares and making deeper cuts to scheduled flights in Australia to offset months of higher fuel costs.
A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia.
Bankrupt Sri Lanka is seeking more energy imports as it tries to get an International Monetary Fund Program in place by mid-June.
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