Asia Top Stories

China coal imports hold near 4-year high as demand resilient

Foreign purchases fell just 1.1 percent in August to the…

India boosts purchases of Indonesian coal as prices drop

India, the world's second-largest coal importer, has defied its prior…

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Tata Steel disputes $1 billion fine

Tata Steel Ltd. (NSE:TATASTEEL), India’s largest private steelmaker, is contesting a $1 billion for allegedly mining above the limit volumes in the mineral-rich eastern state of Orissa, which —ironically— is one of the South Asian country’s poorest regions.

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over $45 million in damages.

Canada to supply India with nuclear energy

After two years fine-tuning details of their nuclear cooperation agreement, Canada and India have finally reached consensus and the countries representatives announced Tuesday a deal that will see Canadian companies ship their uranium to the South Asian nation for nuclear energy.

WTO to decide on China-EU solar power dispute

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU with violating rules governing subsidies to its solar-components industry.

B.C. unions go to court over Chinese miners

Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining Ltd.’s planned Murray River underground coal mine near Tumbler Ridge.

Two years in jail for diamond swallower

Sri Lanka's diamond-swallowing story from early September continues to be an unsolved mystery, but the Chinese man who swallowed a fake diamond in a daring bluff that allowed an accomplice to get away with a real stone pleaded guilty Monday.