Taiwan’s export outlook turns more bearish on weak global demand
The decline in Taiwan’s exports is likely to accelerate as rising global inflation and China’s surging Covid outbreak sap demand, an economic official said.
Vietnam EV maker VinFast delays first US car deliveries to Jan.
VinFast, an electric carmaker backed by Vietnam’s richest man, delayed December vehicle deliveries to its first US customers to this month because of holidays in…
China buyers face race to snap up Australia coal, shipper says
Chinese buyers need to act fast to secure guaranteed supplies of Australian coal as a ban on imports is eased, according to a key shipper…
Buffett-backed BYD Trounces Tesla as China economy reopens
While shares of Tesla Inc. are melting down lately on demand concerns, Chinese rival BYD Co. is on a tear as investors applaud its record…
Key China coal importer buys Australia cargo as curbs ease
One of China’s biggest coal importers struck a deal for Australian cargoes and others are already in talks for purchases as curbs on imports from…
Increased Chinese crude buying spooks European oil traders
China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s physical oil traders who’ve just seen imports from Russia…
What to Watch as China Gives Commodities a Wild Start to Year
Commodities are having a volatile start to the year as China’s virus tsunami and policy shifts leave investors scrambling to calibrate expectations for 2023.
British gas-fired power generation rose in 2022 as exports grew
Gas-fired power generation reached a three-year high in Britain last year as demand rose for the country to generate and export electricity.
Japan wants G-7 to team up against ‘economic coercion’ by China
Japan wants the Group of Seven advanced economies to take a coordinated approach this year aimed at preventing the “economic coercion” that China has applied…
Tesla China shipments slumped in December amid production cuts
Deliveries from Tesla Inc.’s Shanghai factory slumped in December after a record November as production was temporarily suspended due to equipment upgrades and lackluster consumer…
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