SINGAPORE (Reuters) – U.S. liquefied natural gas (LNG) developer NextDecade Corp announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China’s ENN Natural Gas Co. Ltd.. Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore) Pte Ltd, will now purchase 2 million tonnes per annum …
NextDecade increases LNG supply volume in deal with China’s ENN Read More »
HONG KONG (Reuters) – Hong Kong private home prices dropped 3.3% in November to the lowest since August 2017, official data showed on Wednesday, as its housing market – one of the most unaffordable in the world – is set to post the first annual drop since 2008. Prices in the Asian financial hub were …
Hong Kong November home prices ease to more than 5-yr low Read More »
By Kenneth Li, Paresh Dave and Sheila Dang NEW YORK (Reuters) -Twitter Inc has restored a feature that promotes suicide prevention hotlines and other safety resources to users looking up certain content, after coming under pressure from some users and consumer safety groups over its removal. Reuters reported on Friday that the feature was taken …
Twitter restores suicide prevention feature after Reuters report Read More »
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady after hitting a three-week high on Tuesday as restarts at some U.S. energy plants shut by winter storms offset gains stemming from hopes of a demand recovery as China eases its COVID-19 restrictions. Brent crude was up 41 cents, or 0.5%, at $84.33 a barrel, while …
Oil steady as U.S. output ramps up after freeze, China eases COVID curbs Read More »
TOKYO (Reuters) – The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters, a senior official at the industry ministry said. The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint …
Japan asks its insurers to retain marine war cover for LNG shippers in Russian waters Read More »
By Silvia Aloisi PARIS (Reuters) -Shares in global luxury goods groups, which rely heavily on Chinese shoppers, rose on Tuesday after Beijing further relaxed some COVID restrictions that had been in place for the past three years, fuelling hopes of a full-blown reopening soon. China will stop requiring inbound travellers to go into quarantine starting …
China-addicted luxury stocks cheer Beijing’s looser COVID curbs Read More »
SHANGHAI (Reuters) – Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal schedule reviewed by Reuters. Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric …
Exclusive-Tesla to run reduced output in Shanghai in January, plan shows Read More »
BEIJING/SHANGHAI (Reuters) -Chinese regulators published a set of rules on Tuesday to assess the operational risks of foreign banks’ Chinese branches and the level of support they receive from their global headquarters. The China Banking and Insurance Regulatory Commission (CBIRC) said the rating system is designed to better allocate supervisory resources and promote healthy development …
China issues rules to assess risks in foreign banks’ Chinese branches Read More »
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy may accelerate next year and hit the 3.8% growth forecast provided its vital tourism sector will get a boost from China’s reopening plans needed to offset slowing global demand, the finance minister said on Tuesday. Growth in southeast Asia’s second-largest economy has lagged that of …
Thai economy may hit 2023 growth goal if Chinese tourists come- Finance Minister Read More »
By Sarita Chaganti Singh NEW DELHI (Reuters) – India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by …
Exclusive-India plans $2 billion incentive for green hydrogen industry – sources Read More »
