Chinese electric car maker Nio reported mixed financial results for the third quarter of 2021, with supply chain issues related, in particular, to a global chip shortage. China's accelerating shift towards electric cars helped reduce the loss of Neo -…
Continue ReadingForex Kiwi dollar up 0.2% Ether hits all-time high US Dollar The dollar was broadly steady on Monday and currency markets lacked momentum as investors weighed up volatile rate projections and central banks' tolerance of inflation. Last week, the U.S.…
Continue ReadingChina has discovered huge reserves of shale oil estimated at more than 4 billion tons (29.168 billion barrels), which may play an important role in protecting the country's energy security. A unit of Sinopec announced the discovery of 458 million…
Continue ReadingAmid expectations that China's natural gas production will outpace crude oil production by 2050, China witnessed an increase in its natural gas production last September. The country's total natural gas production reached 15.7 billion cubic meters last month, up 7.1…
Continue ReadingChina's coal futures fell amid signs of government intervention to bring record coal prices back to a reasonable range before the start of the winter season. At the start of trading on the Zhengzhou Commodity Exchange on Thursday, the most-traded…
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