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Australia-listed lithium developer Vulcan Energy Resources on Monday said it signed a binding agreement with Dutch automaker Stellantis NV to supply lithium hydroxide from its German project for an initial five-year period.

Asian markets regained a little composure on Monday as investors settled in for a few weeks of uncertainty on whether the Omicron variant would really derail economic recoveries and the tightening plans of some central banks.

Philippine shares plunged on Monday to lead losses among emerging Asian equities, after the country imposed border curbs to restrict the new Omicron coronavirus variant, while the Thai baht slid for a seventh straight session.

South Korea said on Monday it has shelved plans to further relax COVID-19 curbs due to the strain on its healthcare system from rising hospitalisation and death rates as well as the threat posed by the new Omicron variant.

Philippine shares tumbled on Monday, while the Thai baht eased as financial markets were on edge on concerns the new Omicron variant of the coronavirus could derail a nascent re-opening of economies around the world.

South Korean exports likely grew for a 13th straight month in November, a Reuters poll showed on Monday, while the pace of inflation growth is expected to be near a decade high as global energy prices remain high.

Asian oil refiners' margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery, already hit by rising COVID-19 cases in Europe.

South Korea's Korea Midland Power Co (KOMIPO) is seeking to buy a liquefied natural gas (LNG) cargo for delivery in January, according to a tender document reviewed by Reuters on Monday.

Asian markets were trying to regain some composure on Monday as the spread of the Omicron variant in developed nations threatened to derail economic recoveries and the tightening plans of some central banks.

KUCHING, Nov 29 — The state PKR today denied claims made by the state DAP that it is greedy and wants to contest more seats in next month’s state election. State PKR information chief Abun Sui Anyit maintained that most of the seats that it will be contesting are those that the state DAP has...