
Asian Coal Prices Climb to Highest Since February on Summer Heat
Australian Newcastle futures rose to $115.50 per ton, the highest for the front-month contract since February. Coal-fired power generation in Tokyo hit the highest level in 10 months on Friday amid higher-than-normal temperatures. Japan is a major importer of Australian coal.

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Yahoo
an hour ago
- Yahoo
Esperion Therapeutics (ESPR) Gets Boost from Acquisition Rumors
We recently published . Esperion Therapeutics, Inc. (NASDAQ:ESPR) is one of the best-performing stocks on Monday. Esperion Therapeutics extended its winning streak to a fifth consecutive day on Monday, adding 5.3 percent to close at $1.59 apiece as investors gobbled up shares ahead of its earnings release amid reports that it was set to be acquired by a Japan-based pharmaceutical company. According to a post by @rumourbuyouts on X, pharmaceutical firm Otsuka is said to be in talks to fully acquire Esperion Therapeutics, Inc. (NASDAQ:ESPR) in a deal that could potentially be valued $900 million. The post added that the two companies are set to meet in August to discuss a deal. Copyright: lightwise / 123RF Stock Photo Based on the social media handle, @rumourbuyouts is currently based in Japan and only has 177 followers. Meanwhile, Esperion Therapeutics, Inc. (NASDAQ:ESPR) said that it is scheduled to release the results of its second quarter earnings performance before market open on August 5, Tuesday. While we acknowledge the potential of ESPR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Post
2 hours ago
- New York Post
Trump rolling back ‘trillion dollars' of Dem green car regulations
A trillion dollars worth of Obama-era greenhouse gas regulations for cars, trucks, and engines will be axed this year, along with the unpopular stop-start feature in vehicles, EPA boss Lee Zeldin plans to announce Tuesday. The EPA proposal to repeal the 2009 'Endangerment Finding' represents a major rollback of US climate action, and follows President Trump's Day One Executive Order, 'Unleashing American Energy.' It will be released for public comment before going into effect later this year. EPA boss Lee Zeldin is set to announce the proposal Tuesday. REUTERS 'With this proposal, the Trump EPA is proposing to end 16 years of uncertainty for automakers and American consumers,' said EPA Administrator Zeldin. 'Stakeholders have told me that the Obama and Biden EPAs twisted the law, ignored precedent, and warped science to . . . stick American families with hundreds of billions of dollars in hidden taxes every single year.' Zeldin claims the repeal will save Americans as much as $50 billion annually on cheaper cars by slashing greenhouse gas emissions standards on vehicles, including the Biden electric vehicle mandate. He was set to unveil the proposal in Indianapolis Tuesday with Secretary of Energy Chris Wright, Indiana Governor Mike Braun, Attorney General Todd Rokita, Rep. Jim Baird, the Indiana Motor Truck Association, and the National Automobile Dealers Association. 'We heard loud and clear the concern that EPA's greenhouse gas emissions standards themselves, not carbon dioxide which the Finding never assessed independently, was the real threat to Americans' livelihoods,' said Zeldin. 'If finalized, rescinding the Endangerment Finding and resulting regulations would end $1 trillion or more in hidden taxes on American businesses and families.' The repeal of the Endangerment Finding likely will face fierce legal challenges from blue states and climate activists. Another obstacle is the fact that Congress codified greenhouse gases as pollutants in 2022 in the so-called Inflation Reduction Act.
Yahoo
3 hours ago
- Yahoo
Alexander Isak: Liverpool have new £165m transfer plan to sign Newcastle striker
Liverpool have devised a new £165million plan to sign Alexander Isak this summer. The Reds confirmed their interest in the Newcastle striker earlier this month, expressing a willingness to open talks over a deal for around £120m. Newcastle promptly told them that Isak is not for sale. However, Isak has now told Newcastle he wants to leave, which has prompted the Magpies to explore deals for Yoane Wissa and Benjamin Sesko. Liverpool are expected to launch their first formal bid for Isak this week, with the £65m sale of Luis Diaz to Bayern Munich freeing up a significant chunk of the required transfer fee. Newcastle have reportedly in private set Isak's asking price at £150m, though it remains to be seen if the striker's transfer request will lower that demand. Isak, arguably the best striker in the Premier League, is expected to cost a British record fee, with a fee of at least £130m expected. Liverpool have already broken the British transfer record this summer with the £116m arrival of Florian Wirtz. In any case, Arne Slot is reportedly prepared to sell three more players to fund a move for Isak. According to ESPN, Liverpool believe they can raise a further £100m by selling three unwanted players. Darwin Nunez continues to attract interest from abroad, while Harvey Elliott is thought to be of interest to a number of Premier League club. Federico Chiesa, a disaster signing from last summer despite his £12.5m cost, is also up for sale and could reportedly return to Italy.