Bloomberg The largest steel industry group in China has urged the government to maintain order in the global iron ore market after prices surged to a five-year high following a supply squeeze, saying that it’s requested authorities look into the gains. Futures slumped. The China Iron & Steel Association (CISA) “is reporting relevant problems in the industry to government ministries ...

Bloomberg Japan’s Ministry of Economy, Trade and Industry plans to set up working-level briefings for their South Korean counterparts to explain export restrictions on some semiconductor and display materials that went into effect on July 4, according to the Nikkei. The goal of the talks is to show that the measures do not amount to an embargo and to preempt ...

Bloomberg India should provide incentives to farmers to adopt efficient water use to avert a looming crisis, according to the Economic Survey presented by Finance Minister Nirmala Sitharaman. The South Asian nation should introduce improved irrigation methods, use technologies and change cropping patterns to reduce the use of ground water, of which 89 percent is extracted for irrigation purposes, the ...