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Sky-high natural gas prices have Japan scrambling for coal
Japan’s coal imports are poised to jump to the highest level in at least two years as the nation’s utilities turn to the dirtiest fossil…
Euro-area outlook darkens with Germany on brink of recession
The euro-area economy kicked off 2022 on a weak footing, with pandemic restrictions taking a toll on confidence and growing fears that Germany may be…
Hong Kong’s growth slows as Omicron spread weighs on economy
Hong Kong’s economic growth slowed in the fourth quarter, with the city facing mounting risks in coming months as it struggles to bring an omicron…
Indonesia’s palm oil exports to ease only slightly despite curbs
Indonesia’s palm oil exports may drop by just 1 million tons this year, according to a top industry group, a sign that the government’s latest…
Air India seeks to end $1.2 billion U.S. case citing new owner
Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt. in a U.S. court, arguing a recent change in ownership of…
Thai finance ministry maintains 2022 GDP forecast as Covid eases
Thailand’s finance ministry on Friday maintained its economic growth outlook this year as the easing Covid-19 situation is expected to support local spending and a…
Mass resignation of pilots forces Cathay to step up hiring
Cathay Pacific Airways Ltd. is considering hiring options to combat an exodus of pilots from Hong Kong, senior executives said at a town hall Thursday,…
Gold imports by India hit decade-high as jewelry demand doubles
Gold imports by India accelerated to the highest level in a decade last year as jewelry sales almost doubled, with the demand outlook remaining bright,…
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Musk lauds vaccine protest convoy barreling toward Trudeau
Elon Musk voiced his support for a so-called “freedom convoy” of Canadian truckers and other activists on their way to Ottawa to protest the country’s…
U.K. man pleads guilty in scheme to sell U.S. tech to Iran
A British man pleaded guilty in Washington to charges related to illegal exports of sensitive military technologies to Iran in violation of U.S. sanctions, the…