Focus on Topics
Central Europe’s banks can withstand car sector turmoil, S&P says
European automakers have announced plant closures and layoffs amid weak demand, high costs, and a slow EV transition.
S&P lowers Nissan’s outlook to negative, affirms BB+ ratings
This follows Nissan's boost of incentives to cut high inventories amid slowing North American car sales.
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
China faces trade tensions with the U.S. as Trump, proposing tariffs on Chinese goods, returns to the White House.
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.
China torments and titillates seaborne coal market
For coal exporters, China is both saviour and tormentor, as record imports come with plummeting seaborne prices.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
Ottawa pauses EV rebates as federal program runs out of money
Ottawa has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles.
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit
BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
