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Investors became overwhelmingly bullish on the Indonesian rupiah as the country's growth prospects improved in tandem with surging commodity prices, while sentiment on the Chinese yuan became positive again, a Reuters survey has showed.
BEIJING: China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while coal prices have also stabilised, the state planner said.
TOKYO: Surging energy costs have forced some Japanese utilities to slash their annual earnings forecasts, but they say they have prepared for the peak winter season with adequate fuel stocks and early plant maintenance to avoid unexpected shutdowns.
BEIJING: After a year-long regulatory crackdown that wiped out trillions of dollars from Chinese equities, investors are on high alert for the risk of more policy change as the Communist Party kicks off a major convention this week.
BEIJING: China’s tight energy supply situation will gradually ease this winter and next spring following the government’s intensified efforts to boost coal supplies and cool skyrocketing prices amid a power crunch in some parts of the nation, industry experts say.
COP26: can China quit its coal habit while the world wrangles over climate goals and phasing out the ‘dirtiest’ fossil fuel?
Coal is the focus of discussions at the annual United Nations Climate Change Conference in Glasgow, as political and corporate leaders debate how to handle the most carbon-intensive of all fossil fuels in their fight against climate change.
JAKARTA (Bloomberg): Indonesia, the world’s top exporter of thermal coal, will take a gradual approach in pricing and capping greenhouse gas emissions when it rolls out its first carbon tax and trade policy next year.