Recent Posts

China crude oil imports rebound

  Bloomberg China’s crude oil imports increased to the highest in four months, while coal shipments jumped to the most since December 2014 as domestic production of both fuels declines. The world’s biggest energy user imported 32.85 million metric tons of crude in August, according to data released by the General Administration of Customs on Thursday. That’s about 7.77 million ...

Read More »

Japan’s economy growth in Q2 beats expectations

  Bloomberg Japan’s economy expanded more than the government initially reported for the second quarter, helped by an upward revision in capital spending, private inventories and public investment. Key Points Gross domestic product expanded by an annualized 0.7 percent in the three months ended June 30, more than the initial reading of 0.2 percent, according to revised data from the ...

Read More »

‘Australia selling farm to China debunked as myth’

  Bloomberg Chinese investors hold just 0.38 percent of Australia’s agricultural land, Treasurer Scott Morrison said, citing a report which he said will allay concern among voters that the Asian nation is buying up farmland on a massive scale. A total of 13.6 percent of agricultural land is held by international investors, with 52 percent of that owned by U.K. ...

Read More »
Send this to a friend