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The trims aim to push up the plunging thermal coal prices amid fears of oversupply by the country Indonesia’s Coal Mining Association (ICMA) has objected to steep production cuts…
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand. [MOSCOW/LONDON] Opec+ agreed to keep its oil…
— Oil prices were little changed on Monday after climbing more than 2 per cent in the previous session, as supply concerns kept a lid on…
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different…
SUPPLIERS of parts for Nvidia’s H200 have paused production after Chinese customs officials blocked shipments of the newly approved artificial intelligence processors from entering China,…
It’s to ensure the prices of mineral commodities are “rational”, allowing the government in turn to earn more revenues The Indonesian government will cut mining output quotas in order to…
Singapore stocks ended flat on Friday (Dec 26), even as the latest factory output data pointed to continued strength in manufacturing activity. The benchmark Straits Times Index (STI) was…
HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage. The Japanese carmaker will suspend output in…
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently access NVIDIA has told Chinese clients it is evaluating adding…
Bandai Namco Entertainment announced the next installment in its beloved flight-shooter franchise “Ace Combat” Thursday to much fanfare during the 2025 Game Awards. Titled “Ace Combat 8:…
Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead with another production increase, and it maintained…
The company is preparing to deliver half a million artificial intelligence accelerators in 2026 Cambricon Technologies plans to more than triple its production of AI chips in 2026, aiming…
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts [LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and…
Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid vehicles that offset weaker sales in Japan and…
HPAL producers have also been contending with the higher cost of sulphur, a chemical used to produce acid A majority Chinese-owned plant at Indonesia’s most important nickel site is…
Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to affect…
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two months, but weather patterns have not impacted…
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep 30 to US$124 million, from US$106 million. For the…
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month, as both sales and output increased in the US, the…
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month, as both sales and output increased in the US, the…
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter output for the steelmaking element slightly missed…
Oil prices edged up about 1 per cent to a one-week high on Wednesday (Oct 8) as traders expected a lack of progress on a Ukraine peace deal to keep sanctions in place against Moscow, while…
China is building oil reserve sites to boost stockpiles, according to public data, traders and industry experts Oil prices steadied on Tuesday (Oct 7) as investors weighed a…
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than expected, tempering some concerns about supply additions.…
