Page 111 - Min News Today

China's key power plants with direct connection to the state railway network were holding 19.1 days worth of thermal coal inventory by October-end, up 5.1 days from a month earlier, Chinese media cited China Railway Group as saying on Wednesday.

EDP Renewables (EDPR) has bought a majority stake in Southeast Asian renewables firm Sunseap Group, in a deal that values the company at S$1.1 billion ($816 million) and helps accelerate EDPR's growth in Asia.

The following scheduled political events, company announcements, equity and currency market moves may affect South African markets on Wednesday.

Anglo American Plc named insider Duncan Wanblad as its new chief executive officer on Wednesday, in a widely expected move that will see current boss Mark Cutifani, who led the miner for nearly a decade, leave in April.

Chinese coking coal futures rose for the first time in six trading sessions on Wednesday, surging more than 14% on big backwardation amid tight supplies, while coke prices also jumped.

** Shares of ASX-listed Berkeley Energia Ltd slump over 26.6% to A$0.235, their lowest level since May 2020

Gold prices eased on Wednesday, ahead of a crucial Federal Reserve decision, as investors await cues on the U.S. central bank's plan to taper its pandemic-induced stimulus amid signs of rising inflation.

Gold prices inched lower on Wednesday as investors awaited the result of a U.S. Federal Reserve policy meeting to assess how the central bank plans to combat rising inflation and ease worries about economic recovery.

The German state of North Rhine-Westphalia, where utility RWE has opencast lignite mines, aims for a phase-out of coal as early as 2030, the state's new leader said on Wednesday.

Securities analysts revised their ratings and price targets on several Canadian companies, including Air Canada, Equitable Group and Thomson Reuters on Wednesday.