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JAKARTA: Even as Indonesia wins cautious praise from some green groups for ambitious plans to cut carbon emissions, the world's biggest exporter of thermal coal shows no sign of weaning itself off the polluting fuel any time soon.
(Bloomberg) -- Goldman Sachs Group Inc. almost doubled its outlook for Asian coal prices as a global recovery in power demand and production issues in key mining countries combine to make supply scarce.
THERMAL coal’s rally to 13-year high in Asia has done little to dampen overall demand, but the region is increasingly becoming split between those countries willing and able to pay high prices, and those who are cutting now unaffordable imports
THE market hasn’t exactly cheered BHP Group’s proposed exit from its oil and gas (O&G) business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.
IS a barren year for oil industry deal activity finally coming to an end?
THE green financing segment is expected to continue growing strongly as businesses and individuals intensify their adoption of sustainable practices in their business operations and lifestyles.
BEIJING: China's factory gate inflation in July rose at a faster clip from the previous month and exceeded market expectations, adding to strains on an economy losing recovery momentum as businesses struggle with high raw material costs.
JUST over five years ago Anglo American Plc was in deep trouble. The natural resources giant, beset by a collapse in commodity prices, scrapped its dividend and announced plans to close mines and cut thousands of workers. Amid talk of an emergency capital raise, its market value fell to less than US$3bil (RM12.66bil).
NEW YORK: The world’s biggest mining companies are about to start revealing how much cash they’re churning out from this year’s commodity boom. Look out for record profits followed by eye-watering dividend payouts.