LAUNCESTON — The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for the polluting fuel has been upended by Russia’s invasion of Ukraine. Read More
(Bloomberg) — A group of countries including Italy are pushing to water down a key element of the European Union’s climate agenda: phasing out the combustion engine by the middle of the next decade. Read More
SYDNEY — Australia’s second-biggest appliances chain said on Tuesday it was pausing a trial of facial recognition technology in stores after a consumer group referred it to the privacy regulator for possible enforcement action. Read More
Stephen Chang, managing director and portfolio manager for Asia at Pacific Investment Management Co., talks about the outlook for the U.S. economy, Federal Reserve policy, and the implications for global bond markets. He also discusses the opportunities he sees in Asia with Kathleen Hays and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
Lorraine Tan, director of equity research at Morningstar, discusses the opportunities she sees in stock markets across Asia. She speaks with Haidi Stroud-Watts and Kathleen Hays on “Bloomberg Daybreak: Asia.”
China’s Sunac Real Estate Group Co. is seeking to cut the size of its upcoming bond obligations after warning that the developer might miss payment on a local note for the first time. Meanwhile, China Evergrande Group is facing a winding-up lawsuit in Hong Kong. Rebecca Choong Wilkins reports on Bloomberg Television.
Chinese stocks are set for the best month against their global peers in years. As the benchmark CSI 300 Index nears a bull market, Bloomberg’s David Ingles looks at the extent of the rally, what’s changed and what risks remain.
Could Paddington soon switch his beloved marmalade for specially crafted Fynbos honey straight from South African shores? He could well do so, now that the Cape Trade Portal is on offer. The ‘matchmaking tool’ connects UK buyers with local Western Cape exporters via a virtual hub, which boasts over 1 600 proudly Cape-based products and services. […]
High street footfall fell 25 per cent in May, from the previous month, according to RSM UK’s analysis of the latest data from Datscha, published this morning. London continues to be hit by hybrid working with less workers commuting into the city, and international and business travel is still not back at full capacity. Whereas […]
The prime minister has signalled controls on steel imports that were due to expire this week could be retained. When asked whether this could lead to a possible breach of international law, Boris Johnson responded “these are tough choices we have to make”. It follows a proposed approach set out by the international trade secretary […]