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HomeAsia

Asia

Indonesia
Crude Oil News

South Korea, Indonesia Central Banks Agree to Promote Local Currency Transactions

May 4, 2023 Mariel Alumit

SEOUL (Reuters) – The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate on promoting the use of their currencies for bilateral transactions, such as current account transactions […]

Aljazeera International

Asia’s prices are rising. In the Philippines, they’re soaring

April 3, 2023 Mariel Alumit

Manila, The Philippines – Emelie Ann Ducabo, 57, a married mother and sales worker in Metro Manila, has been forced to become an expert in pinching pennies to feed the seven members of her household. […]

Nuclear
Electrical Generation / Utilities

Nuclear Power, Aside from Renewable Energy, Will Actuate Future Development for the Power Market

March 17, 2023 Mariel Alumit

Analysis of the International Energy Agency (IEA) pointed out that new power plants around the world will essentially be established on renewable and nuclear energy throughout the next several years, while power generation through fossil […]

Crypto
Crypto

A Crypto Friendly Asia: What It Will Mean For Markets

February 24, 2023 Mariel Alumit

By Conor Ryder, of Kaiko Research On Monday, Hong Kong made its intentions clear to open the door to crypto trading for retail. Reports claim that China is quietly encouraging the move, using Hong Kong […]

Crude Oil News

U.S. crude oil exports to be in demand this year as trade flows reshuffle

February 18, 2023 Mariel Alumit

U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company officials […]

Gas
EnergyNews

Record 3,000-Mile Voyage for Canadian Gas Offers Relief for Asia

February 15, 2023 Mariel Alumit

(Bloomberg) A stream of natural gas that’s being unleashed from British Columbia’s vast reservoirs is blazing a record-setting path through global markets, providing hope for Canada’s beleaguered drillers and relief for energy-hungry economies around the […]

US
Exports

US looks to Asia for long-term LNG demand

February 9, 2023 Mariel Alumit

During Europe’s energy crisis, the US stepped up its supply of liquefied natural gas to the region to replace Russian fossil fuels. However, looking ahead to growth of the US LNG market in the coming […]

Coal
Climate Crisis

Coal Is Fueling A Pollution Problem In Central Asia

December 19, 2022 Mariel Alumit

Central Asia’s largest cities have a major smog problem. Coal-fired power plants and aging vehicles are the sources of pollution. The political will to combat air pollution has been weak, but public awareness is growing. […]

Asia
Zero Edge

Rare Triple-Dip La Nina Spurs Blast Of Cold Air In Asia While Russia Shifts Energy Shipments East

December 15, 2022 Mariel Alumit

Weather officials warn that a rare triple-dip La Nina has sent parts of Northeast Asia into a deep freeze that will increase heating demand and push up fuel prices. Across the Northern Hemisphere, the US, […]

Russia
Crude Oil News

Russia Is Shipping More Than 3 Million Bpd Of Crude To Asia

December 12, 2022 Mariel Alumit

Russia is still shipping millions of oil barrels per day to Asia. Many Asian buyers haven’t joined the so-called Price Cap Coalition and are, so far, doing business as usual with Russian cargoes. The trades […]

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