Thousands attended the Bangkok International Motor Show this week where electric vehicles (EVs) were in the spotlight due to rising petrol prices and a government subsidy taking 15% off the price of some EV cars.
As the events in Ukraine continue to unfold, this note seeks to answer the economic and market questions from investors around the world.
JAKARTA — Shares of coal mining companies in Indonesia, the world’s largest thermal coal exporter, have surged on the back of record prices for the fuel in the wake of Russia’s invasion of Ukraine. But the threat of another government export ban is deterring producers from immediately increasing shipments, likely keeping prices elevated for a while.
March 5 (Reuters) – Corporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary, with comments ranging from harsh condemnations to more measured promises to review business in the country.
Asia’s factories sustained a brisk recovery in February amid signs the coronavirus was having less of an impact of business, but the Ukraine crisis has rapidly emerged as a fresh risk that could disrupt supply chains and worsen cost pressures.
Feb 24 (Reuters) – In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak – all but condemning his company’s core business to eventual obscurity.