Automobiles
EV revolution in developing Asia needs cheaper models: report
Green car sales soar in India, Thailand, Indonesia; market shares still low
Commodities
Commodities
India's dependence on Russian oil soars to 30%
Shift spurred by discounted prices stemming from Western sanctions
IPO
Indonesia's Merdeka Battery Materials gains 11% in stock debut
Nickel producer's IPO, latest in the country's resource sector, raised $620m
IPO
Indonesia's Harita Nickel shares gain 4.4% in market debut
Battery materials producer raised $670m in country's largest IPO so far in 2023
Commodities
Kobe Steel, Mitsui partner on low-CO2 iron processing in Oman
Plant would be among world's largest for greener feedstock amid decarbonization push
Materials
Sumitomo Metal to produce lithium with rapid-extraction tech
Joint investments eyed in Argentina and Chile for crucial battery material
Energy
Japan takes chunk out of dependence on Russian coal
Indonesia emerges as beneficiary as utilities, paper makers find new sources
Materials
Global key metal prices sink on sluggish Chinese auto demand
Magnesium down 75% from 2021 high on supply glut and slow EV sales
Supply Chain
China weighs export ban for rare-earth magnet tech
Beijing looks to strike back after Washington's chip restrictions
Energy
OPEC+ to cut oil output, signaling clear break with U.S.
Move meant to lift prices and shore up oil producing nations' finances
Commodities
Nippon Steel India JV to receive $5bn in Japanese loans for expansion
JBIC joins financing, aims to bolster Japan in No. 2 steel market
IPO
Merdeka Battery Materials puts $1.28bn price on nickel smelter plan
Investment comes as Indonesian company aims to raise up to $580m in IPO
Interview
Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM
World's second-largest exporter eager to diversify markets amid row with EU
Markets
Japan's historical futures market reborn as precious metals exchange
Osaka exchange targets individual investors with small 10-gram trading units
Commodities
European diesel futures down 55% as Asian imports ease supply pinch
Concerns rise that Russian oil may be refined in Asia and exported to EU
Engineering & Construction
Japan's JFE Engineering wins $230m order for Taiwan LNG terminal
Island's demand for cleaner fuel set to rise amid semiconductor production push
Opinion
Asia needs to face up to the downsides of biofuels
Blending mandates distort food markets and can have environmental side effects
Commodities
Gold nears record price as U.S. bank failures fuel flight to safety
Banking crisis adds to investor woes over Ukraine invasion, inflation
Materials
Aluminum smelters in China's Yunnan hit by hydroelectric power pinch
Successive production cuts stem from rainfall shortage last year
Commodities
Thailand to revive potash mining project to cut fertilizer prices
Government to lead investment in hopes of raising domestic supplies
IPO
Indonesia nickel miner TBP aims for nearly $1bn in local IPO
Unit of resources conglomerate Harita Group plans April stock exchange listing
DealStreetAsia
CVC Capital buys $155m stake in Indonesia's Samator Indo Gas
Investment will support Indonesian gas producer's push to expand
Business Spotlight
Vietnam's coffee culture survives 10 years of Starbucks
Deep history, popularity of local brews make country hard for global brands to crack
International relations
Malaysia says EU deforestation rule hurts its small farmers
Producer group presents petition demanding rollback of regulation
Commodities
Nickel, copper prices sink on worries about China's economy
Speculators spurn nonferrous metals, seeing little stimulus from Beijing