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Business 20 Jun 2008 | 12:00 AM

Aussie resource boom to last

Australia's resource boom is set to last for some time as voracious demand from China and India keeps prices high even as past investment sharply boosts output from the country's mines, a report said yesterday.

Business 12 Apr 2008 | 12:00 AM

China Coal studying investments in Australia, Indonesia

China Coal Energy, the country's No. 2 coal producer, is exploring investments in Australia and Indonesia while it doubles spending to ramp up production and feed the world's largest coal market.

Business 09 Apr 2008 | 12:00 AM

China’s Shenhua Energy eyes US$125 a tonne for coal sales

China Shenhua Energy, the world's biggest coal producer by market value, said yesterday it plans to base its 2008 export prices against the US$125 a tonne set by Australia's Xstrata.

World 17 Jan 2008 | 12:00 AM

China drought underlines hydropower reliance risks

BEIJING (Reuters) - A major drought has squeezed electricity output at big dams across southwest China, highlighting the risks of Beijing's massive hydropower expansion plans on coal and oil markets in a warmer, drier world.

Business 16 Jan 2008 | 12:00 AM

TNB Q1 profit surges

Tenaga Nasional Bhd (TNB) reported a big jump in net profit for the three months ended Nov 30, 2007, thanks to an increase in electricity demand and a stronger ringgit, which helped reduce the cost of its foreign-currency debt.

Business 10 Oct 2007 | 12:00 AM

Shenhua doubles on market debut

Shares in China Shenhua Energy Corp nearly doubled in their Shanghai debut yesterday, lifted by a huge appetite for resource stocks and strong earnings prospects for the country's largest coal producer.

Business 24 Aug 2007 | 12:00 AM

SAAG in two big deals

SAAG Consolidated (M) Bhd yesterday made two significant announcements that are likely to result in a re-rating on the company. The first is on the agreement it entered with Keppel Oil International Ltd Inc to build, own and operate mobile offshore jack-up drilling rigs for US$155mil in Labuan Shipyard.

World 28 Mar 2007 | 12:00 AM

Australia needs more action on climate -- Stern

CANBERRA (Reuters) - Australia needs to urgently ratify the Kyoto Protocol and slash its greenhouse gas emissions by at least 60 percent by 2050 to help fight global warming, British climate economist Nicholas Stern said on Wednesday.

Business 15 Sep 2005 | 12:00 AM

CLP Holdings to boost renewable power output

Hong Kong-based CLP Holdings Ltd plans to increase its renewable power generating capacity in Asia to 5% of its overall portfolio from 1%, a company executive said yesterday.

Business 25 Jun 2005 | 12:00 AM

Right timing for Genting deal

GENTING Bhd, which is proposing to invest in four power plants in China, seems to have chosen the right time to enter the Chinese power generation industry.