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European gas prices exceed Asian spot LNG

European gas prices exceed Asian spot LNG

London - European gas hub prices have risen above the price of liquefied natural gas (LNG) on the Asian spot market in a rare occurrence that largely rules out arbitrage of LNG cargoes from the Atlantic to the Pacific basins

ZIM expands cooperation with the 2M Alliance
China to ease limits on foreign investment

China to ease limits on foreign investment

Beijing - China is reforming key industries to allow for greater foreign investment, according to state media. Xinhua reported the National Development and Reform Commission of the People’s Republic of China said Sunday sectors including oil exploration and mining are to be deregulated for more foreign capital inflows

Firms fear for deliveries in shipping shakeup
Maersk launches technology to simplify supply chains
Merkel’s Bavarian allies snub her coal exit plan
U.S. Supreme Court turns away challenge to Trump steel tariffs
South Korea’s ICT export falls

South Korea’s ICT export falls

Seoul - South Korea’s export of information and communications technology (ICT) products kept falling for seven straight months to May on weak global demand for three key items, namely semiconductor, display panel and mobile phone

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