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A burning question for coal’s brightest star

If India is such a bright hope for global coal demand, why can’t investors see it? The country will experience the largest increase in coal burning through 2023, according to the International Energy Agency, with a 3.9 percent annual pace of growth that should be enough to offset falling consumption in developed countries. BloombergNEF, whose forecasts tend to be less ...

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US stocks drift as economic momentum, trade mulled

Bloomberg US index futures drifted with stocks in Europe as investors digested developments in trade talks and comments from a Federal Reserve official about the strength of the biggest economy. Treasuries climbed and a gauge of the dollar held close to the year’s high. Contracts on three main American equity indexes all struggled for traction after the underlying benchmarks rose, ...

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Yields rush to rescue of Nigerian stocks markets

Bloomberg Nigerian stocks may be among this year’s worst performers, but that’s at least boosting the appeal of their yields. The benchmark index in Africa’s biggest oil producer has fallen 14 percent this year, making it the fourth-worst among 94 major bourses tracked by Bloomberg. The slump underscores foreign investors’ frustration over a lack of policy progress since President Muhammadu ...

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