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Japan’s power producers next to face China coal pain after steel

  Bloomberg First it was Japan’s steelmakers, now it’s the nation’s power producers that are set to pay for China’s coal policies. Japanese utilities may pay at least 29 percent more for annual supplies this year after China’s efforts in 2016 to trim overcapacity led to a more than doubling of spot prices, according to UBS Group AG and Morgan ...

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China introduces services index to reflect changing economy

  Bloomberg China introduced a new indicator for the services sector to better track the vast range of activity from movies to restaurants that now account for more than half of the economy. The services output index rose 8.2 percent in January and February from a year earlier on growth in technology, transportation, and deliveries, the National Bureau of the ...

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Dutch liberals defeat Wilders’ party in blow to populists

  Bloomberg Dutch voters turned out in force to back pro-European parties and help Prime Minister Mark Rutte’s Liberals easily beat off an election challenge by the anti-Islam Freedom Party of Geert Wilders, drawing a line in the sand over the spread of populism. With votes counted in all but one of the country’s 388 municipalities, the Liberal Party had ...

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