India has sharply criticised the United States Senate’s passage of legislation that could allow President Donald Trump to impose tariffs of up to 100% on countries buying large quantities of Russian oil
India may soon be forced into a high-stakes test of its energy strategy as tankers carrying millions of barrels of Russian oil approach its coastline just as new US sanctions come into
More
China’s exports of rare-earth products declined in October, marking the lowest monthly level since June, as Beijing and Washington work to finalize supply arrangements under their ongoing trade truce. Outbound shipments fell
More India retained its position as the second-largest buyer of Russian crude oil in October, trailing only China, according to data from the European think tank, the Center for Research on Energy and
More
Global supplies of yttrium, a rare earth element critical to aerospace, energy, and semiconductor production, are running dangerously low due to Chinese export restrictions, Reuters reports. China, the dominant supplier of yttrium,
More
The event marked the departure of the first ore shipment from the world’s largest known untapped deposit of high-grade iron ore, a major victory for the Simandou consortium. The Chinese delegation, led
More
The International Monetary Fund (IMF) has called on Argentina’s government to accelerate efforts to build up foreign reserves as part of its $20 billion lending program, warning that stronger buffers are essential
More
Around 1.4 million barrels per day of Russian oil — nearly a third of the country’s seaborne export capacity — are currently being held in tankers as sanctions imposed by the United
More
The International Monetary Fund has cautioned that countries swapping dollar-denominated loans from China into yuan may face significant currency risks, even as they aim to lower borrowing costs. In a statement responding
More
China’s benchmark thermal coal prices have climbed to their highest level this year, buoyed by a mix of seasonal demand, stricter safety inspections, and renewed confidence in the nation’s economic outlook following
More
Asia’s key manufacturing hubs showed signs of slowdown in October, as weak demand from the United States and trade tensions under President Donald Trump continued to weigh on factory activity, according to
More
Asia-Pacific leaders concluded the annual APEC summit in South Korea on Saturday with a joint declaration emphasizing the need for resilient and mutually beneficial trade, amid mounting fractures in the global trading
More
China is set to remove a decades-old tax incentive for gold buyers, a policy shift that could increase costs for consumers in one of the world’s largest bullion markets. Starting November 1,
More India’s state-run refiners are exploring whether they can continue sourcing discounted Russian oil by turning to smaller suppliers, after the U.S. blacklisted major energy firms Rosneft PJSC and Lukoil PJSC last week,
More
The Russian Embassy in Colombo issued a strongly worded press release on October 20 warning that any attempt by the European Union to redirect frozen Russian sovereign assets held in Europe would
More
Apple CEO Tim Cook pledged to increase the company’s investment in China during a visit to the country, despite threats from US President Donald Trump to impose tariffs on Apple products manufactured
More