The United States has significantly increased its liquefied natural gas (LNG) exports to China this year, with volumes rising 63% in the first 10 months of 2024 compared to the same period in 2023, according to Chinese customs data. This surge positions the US as China’s fifth-largest LNG supplier, trailing Australia, Qatar…

Japanese businesses in China are becoming increasingly pessimistic about the Chinese economy, with a growing number expressing concerns about the challenging business environment and safety issues. According to a recent survey by the Japanese Chamber of Commerce and Industry in China, 64% of Japanese firms…

Wholesale power prices in mainland Europe have surged to their highest levels in over a year, creating fresh challenges for businesses already grappling with weak demand and fragile consumer confidence. Key economies such as Germany, France, the Netherlands, Spain, and Poland have seen average wholesale base power prices…

BP has signed a production sharing contract (PSC) for Block NCMA 2, marking a strategic expansion into new territory offshore Trinidad and Tobago. The agreement, formalized at a ceremony at the Ministry of Energy & Energy Industries in Port of Spain, follows BP’s successful bid for the acreage in the 2023-2024…

Aluminum prices have resumed their upward trend due to concerns over tightening global supplies following China’s removal of an export tax rebate. This change, announced by Beijing on Friday, is part of a broader overhaul aimed at addressing industrial overcapacity and reducing trade tensions with the US and Europe…

Peruvian President Dina Boluarte and Japanese Prime Minister Shigeru Ishiba signed agreements on defense and mining cooperation following the Asia-Pacific Economic Cooperation (APEC) summit in Lima. The deals underscore a decade-long roadmap for collaboration between Peru, a major copper producer…

Taiwan’s President Lai Ching-te urged the European Union on Monday to pursue an economic partnership agreement, emphasizing its potential to strengthen collaboration in semiconductors and bolster democratic alliances. Speaking at the Taiwan-EU Investment Forum in Taipei, Lai framed the agreement as a strategic…

Britain and India will resume negotiations on a free trade agreement early next year, following a pause due to elections in both nations. Prime Minister Keir Starmer’s office confirmed the restart after his meeting with Indian Prime Minister Narendra Modi at the G20 summit in Brazil. Starmer emphasized that a trade deal…