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China’s credit push to small firms falters in factory heartland

5 hours ago DieselGasoil Comments Off on China’s credit push to small firms falters in factory heartland
(Reuters) – China’s campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks’ reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills. An employee works at the factory of Guangdong LiShun Yuan Intelligent Automation Co, Read More

Singapore records its largest ever haul of smuggled ivory

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By David Chipakupaku, news reporter Elephant ivory weighing 8.8 tonnes has been seized in Singapore, with authorities saying the haul is the biggest ever in the city-state’s history. The elephant tusks were discovered in a Vietnam-bound container from the Democratic Republic of Congo. Also in the illegal cargo were scales from the giant pangolin. This Read More

Refinery news roundup: Works ongoing in Asia-Pacific; closure planned

16 hours ago DieselGasoil Comments Off on Refinery news roundup: Works ongoing in Asia-Pacific; closure planned
London — Planned turnarounds in the Asia-Pacific region are ongoing, especially at a number of refineries in China. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Separately, Japan’s largest refiner JXTG Nippon Oil & Energy said it has decided to terminate its refining operations at the 115,000 b/d Osaka Read More

Drug-resistant malaria strains spread through south east Asia

18 hours ago DieselGasoil Comments Off on Drug-resistant malaria strains spread through south east Asia
Strains of drug-resistant malaria are becoming more dominant in Vietnam, Laos and northern Thailand after spreading rapidly from Cambodia. Malaria is caused by parasites which are carried by mosquitoes and spread through their blood-sucking bites. And scientists have discovered a growing number of cases where the parasite has mutated making it resistant to drugs. “We Read More

Singapore seizes ivory from nearly 300 elephants in record haul

23 hours ago DieselGasoil Comments Off on Singapore seizes ivory from nearly 300 elephants in record haul
SINGAPORE (Reuters) – Singapore said on Tuesday it had seized 8.8 tonnes of elephant ivory, a record haul by authorities in the city-state, which conservation groups say is a transit point for the illegal wildlife trade. Pangolin scales and elephant ivory that were seized by Singapore’s National Parks Board, Customs and Immigration and Checkpoints Authority Read More

U.S. farmers look past trade fears to cash in on China’s hog crisis

1 day ago DieselGasoil Comments Off on U.S. farmers look past trade fears to cash in on China’s hog crisis
WALCOTT, Iowa/LONDON (Reuters) – It might seem an unlikely time for U.S. farmers to look to China for more business but the devastating impact of African swine fever on the Chinese pork industry is trumping concerns about trade wars and tariffs. FILE PHOTO: A chef cuts U.S. imported pork ribs that were smoked at the Read More

‘This is slander’: China says US criticism over South China Sea prevents resolution of disputes

1 day ago DieselGasoil Comments Off on ‘This is slander’: China says US criticism over South China Sea prevents resolution of disputes
Recent American criticisms of Chinese conduct in the South China Sea amount to “slander,” the country’s foreign ministry has said, insisting US interference only complicates the dispute over the highly-trafficked sealane. The contested waters have long been a source of conflict for Beijing and its neighbors, particularly over rights to drill for the area’s rich Read More

AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar

5 days ago DieselGasoil Comments Off on AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
BRUSSELS/LONDON (Reuters) – Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, is selling its Australian operations to Japan’s Asahi (2502.T) for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt. FILE PHOTO: The logo of Anheuser-Busch InBev is pictured inside the brewer’s headquarters in Leuven, Belgium, Feb. Read More

Trump’s tariffs trip up the all-American RV industry

5 days ago DieselGasoil Comments Off on Trump’s tariffs trip up the all-American RV industry
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers. An assembly line worker works on the production line at Read More