IPO
Indonesian copper miner Amman plans $880m IPO by July
Company exempted from June ban on raw mineral exports until next May
Commodities
Economy
Trio of critical signs point to global economic slowdown
Downturn in copper prices, weak shipping rates and historic yield inversion raise red flags
Commodities
Vietnam aims to cut annual rice exports by 44% to 4m tonnes by 2030
World's No. 3 shipper of the grain is looking to bolster domestic supply
The Future of Asia 2023
Pertamina's diversification slowed by Rosneft tie, carbon capture
Indonesian oil company plans $9bn capex in 2023, but 3% for decarbonization, others
Commodities
Indonesian fertilizer maker Pupuk Kaltim ramps up $1.5bn expansion
State-owned firm eyes offshore acquisitions on record profits, but wavers on IPO
Energy
Natural gas prices in Asia fall to pre-Ukraine war levels on China shift
Beijing buys more LNG long-term contracts as it seeks energy stability
Materials
Indonesia's nickel export ban spurs rush into vital EV metal supplier
POSCO, BASF and Ford join investment race, with Chinese players in the lead
Commodities
Copper and zinc sink to fresh lows amid China economic uncertainty
Industry groups predict shortages, but disappointing economic data raises questions
Supply Chain
Australian Strategic Materials gets U.S. buyer for rare-earth alloy
Sales to American magnet maker come as supply chains diversify from China
Commodities
Australia's Newcrest supports Newmont's $17.8bn takeover bid
Merger would be third-largest deal ever involving an Australian company
Business deals
Hamamatsu Photonics says Denmark denies approval for acquisition
Japanese company had planned to buy laser-fiber maker NKT Photonics
Companies
Toyota, Nintendo and Daikin lead expected Japan earnings beaters
Outperformers stand to benefit from production rebounds and weaker yen
Commodities
Copper loses shine for investors on China's mixed recovery
Fund outflows increase after an early bump from lifting of COVID restrictions
Materials
Material prices drop sharply on concerns about Chinese slowdown
Despite end of lockdowns, steel purchases fail to meet expectations
Climate Change
Temasek-owned investor GenZero eyes sustainable aviation fuels
Singapore investment company weighs bets on green energy like hydrogen power
Automobiles
EV revolution in developing Asia needs cheaper models: report
Green car sales soar in India, Thailand, Indonesia; market shares still low
Commodities
India's dependence on Russian oil soars to 30%
Shift spurred by discounted prices stemming from Western sanctions
Commodities
Chile plans to nationalize its vast lithium industry
Source of EV battery material follows nationalist moves seen in Indonesia
Commodities
Rio Tinto reports record Q1 iron ore shipments, sees inflation risk
Prices for steelmaking ingredient rebounded after China lifted zero-Covid policy
IPO
Indonesia's Merdeka Battery Materials gains 11% in stock debut
Nickel producer's IPO, latest in the country's resource sector, raised $620m
