Global coal demand to plateau in coming years – IEA
Global coal demand is expected to plateau in the coming years after reaching a record high in 2024, driven by the…
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China
China releases joint action plan for raw materials industry
China’s Ministry of Industry and Information Technology (MIIT) and three other authorities have collaborated to…
Indian rupee hits new record low on Dec. 18th
The Indian rupee hit a new record low on Wednesday, driven by strong demand for US dollars from importers and…
Japan’s trade deficit narrows 85.5% YoY in Nov. ’24
Japan's trade deficit narrowed significantly in November, shrinking 85.5 per cent year-on-year to 117.62 billion…
Asian hedge funds bet on Chinese AI giants despite US risks
Some Asian hedge funds are placing their bets on top Chinese tech companies like Xiaomi and Baidu due to their…
China’s c. bank offers 387.6b yuan off reverse repo
People’s Bank of China (PBC) announced on Wednesday a seven-day 387.6 billion-yuan reverse repo at an interest rate…
Chinese youth unemployment eases further in Nov. ’24
China's joblessness among young people in cities continued to decline for the third consecutive month in November…
Asian markets mixed ahead of Fed decision
Asian markets traded with mixed results on Wednesday, reflecting a cautious investor sentiment ahead of the Federal…
India mulls 25% safeguard duty on steel imports
India is considering implementing a "safeguard duty" of up to 25 per cent on steel imports to address the issue of…
Indian rupee hits record low amidst trade deficit concerns
The Indian rupee hit a record low on Tuesday due to worries about a growing trade deficit and potential outflows…
