Business

Global LNG prices increase as Asian buyer’s shows interest

By The Frontier Post | May 18, 2018

SINGAPORE (Reuters):  Asian spot liquefied natural gas (LNG) prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India, and as new supply from Australia are delayed by several months. Spot prices for July LNG-AS delivery in Asia were at $8.70 per million British thermal units (mmBtu)…

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Asian dealers cautious with eye on trade talks, geopolitics

By The Frontier Post | May 18, 2018

Monitoring Desk HONG KONG: Asian traders were biding their time in early trade on Thursday as a healthy lead from Wall Street was tempered by geopolitical concerns and caution ahead of high-level China-US trade talks. All three main US indexes finished in the green thanks to another positive round of economic indicators and corporate results.…

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Europe car sales speed up

By The Frontier Post | May 18, 2018

Monitoring Desk PARIS: Car sales in the top European markets rose sharply in April, statistics showed Thursday, confounding fears that a slowdown in the eurozone’s recovery might put the brakes on the continent’s vehicle industry. “In April 2018, the EU passenger car market showed a strong return to growth (+9.6%) after demand declined in March,”…

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