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Today: March 30, 2025
Today: March 30, 2025
Sudarshan Varadhan

Sudarshan Varadhan

Staff Writer

Latest From Sudarshan Varadhan

Asia|Business|Political

Japan, Korea would struggle to fill US demand for non-China shipbuilding, NYK Line exec says

U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to

Japan, Korea would struggle to fill US demand for non-China shipbuilding, NYK Line exec says
Americas|Asia|Business|Economy|World

US coal exports to India expected to rise due to China tariffs

The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry

US coal exports to India expected to rise due to China tariffs
Asia|Business|Economy|Political|World

East Timor favours Australia over Chinese firms on major gas project, president says

East Timor would prefer to work with Australia and partners Woodside Energy and Japan's Osaka Gas over Chinese firms that have expressed interest in developing

East Timor favours Australia over Chinese firms on major gas project, president says
Uncategorized

Oil marginally lower as global economic concerns loom

Oil prices were marginally lower on Monday as investors stayed fretful over the pace of economic growth in China, and the prospect of further U.S. interest rate hikes that could dampen fuel demand. Brent crude fell 8 cents, or 0.1%, to $84.40 a barrel by 0330 GMT, while U.S. West Texas Intermediate crude was at $79.78 a barrel, down 5 cents, also 0.1%. Brent and WTI posted a second week of losses on Friday after Fed Chair Jerome Powell said the U.S. central bank may need to raise rates further to cool

Oil marginally lower as global economic concerns loom
Uncategorized

Oil inches up after China moves to support flagging economy

Oil prices ticked higher on Monday after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. Brent crude rose 19 cents, or 0.2%, to $84.67 a barrel by 0627 GMT, while U.S. West Texas Intermediate crude was at $80.09 a barrel, up 26 cents, or 0.3%. Brent and WTI posted a second week of losses on Friday after Fed Chair Jerome Powell said the U.S. central bank may need to raise

Oil inches up after China moves to support flagging economy
Business|Economy|Finance|Stock Markets

Oil on track for sharpest weekly decline since March

Oil prices were on track for their steepest weekly decline since March despite rising in early trade on Friday, on growing worries that higher-for-longer

Oil on track for sharpest weekly decline since March
Business|Economy|Finance|News|World

Oil set for third weekly decline as Middle East conflict concerns ebb

Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas conflict have ebbed,

Oil set for third weekly decline as Middle East conflict concerns ebb
Business|Economy|Finance|News

Oil prices to end year 10% down, traders expect a better 2024

Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to

Oil prices to end year 10% down, traders expect a better 2024
Asia|MidEast|News

Oil starts week lower after Israel says 'concluded' Gaza strikes

Oil prices fell in early Asian trade on Monday after Israel said it had "concluded" a series of strikes in southern Gaza, slightly easing concerns about supply from

Oil starts week lower after Israel says 'concluded' Gaza strikes
Asia|Business|Economy|News

Bangladesh power use grows as searing heat eclipses economic disruption

Bangladesh's electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted industrial and commercial activity,

Asia|Business|Economy|Environment|Political

Adani allegations shine spotlight on India's clean energy conundrum

Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers

Adani allegations shine spotlight on India's clean energy conundrum

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