Liquefied natural gas prices in North Asia, the world’s biggest market for the fuel, have slumped to the lowest in 17 months as the peak demand season ends with a whimper.
Chinese officials are jamming up imports of Australian coal, with at least one major port suspending customs clearance, but have so far stopped short of an official ban, according to people with knowledge of the situation.
Indian equities fluctuated as investors continued to look ahead to the outcome of a national election for direction even as minutes of the recent central bank meeting signaled more cuts in the key interest rate. Most Asian indexes fell Friday, as did U.S. stocks overnight, amid concerns over growth in the global economy.
India’s main opposition Congress party will pledge a one-time farm loan write off and focus on “have nots” in a bid to woo voters from Prime Minister Narendra Modi’s ruling group in elections due by May.
The scandal in Moldova redrew the country’s political map and will test again its fragile grip on democracy in a vote this weekend.
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