The Magazine for Asian Investors
Copa-Cogeca, the European farmers’ association, said the energy price crisis could lead to shortages of fruit and vegetables as more and more companies have to close or reduce their production capacity due to rising electricity costs. The secretary general of…
According to S&P Global / CIPS, the construction PMI rose slightly in August to 49.2 from 48.9 the previous month. However, new orders fell to the lowest level since June 2020. Consumer demand is heading toward “stagnation” as rising costs…
With the euro falling near a 20-year low today, Russian energy giant Gazprom announced it would suspend gas supplies to Europe via the Nord Stream 1 pipeline for an indefinite period. This has raised fears that energy shortages in Europe…
Natural gas prices in Europe soared today (Aug. 23) amid fears that winter power shortages could have a major impact on the region’s economy. Gas futures prices rose 5.2% to 291 euros per megawatt hour after reaching a record high…
Europe is facing a new round of energy disruptions following reports of damage to oil pipelines from Kazakhstan via Russia. This situation will only increase concerns about Europe’s energy supply problem. The Caspian Pipeline Association (CPC), which manages about 1%…
Asia On Tuesday, South Korea releases its second quarter gross domestic product (GDP) and the Bank of Japan releases the minutes of its monetary policy meeting. On Wednesday, South Korea publishes its consumer confidence index for July. China reports industrial…
Russia resumes gas deliveries to Europe via the Nord Stream 1 pipeline after 10 days of maintenance. A spokesman for Nord Stream said that Russia resumed gas deliveries to Germany today (July 21), but will have to wait some time…
European countries are looking for alternatives to Russian coal. Coal imports from South Africa’s main export center rose by 40% in the first five months of this year, more than in 2021. South Africa’s Richards Bay Coal Terminal (RBCT) shipped…
European stocks ended lower on Monday (June 13) to a three-month low as rising inflation in the United States raised fears the Federal Reserve will raise interest rates sharply. The Stoxx Europe 600 Index closed at 412.52, down 10.19, or…
The European Commission (EC) announced that its European Business and Consumer Survey index rose to 105.0 in May from 104.9 in April. The European Business and Consumer Survey Index measure confidence in the euro zone. It is one of the…
