Semirara Mining and Power, formerly Semirara Mining, was incorporated on February 26,1980 to explore, develop, and mine the coal resources in Semirara Island located inCaluya, Antique. The company generates its revenues mainly through the production andsale of sub-bituminous coal.In 2014, the company changed its corporate name to the present one to reflect the forwardintegration of its business as a coal producer and supplier to power generation throughits wholly-owned subsidiaries.
Emerging Markets Caught Between Rate-Cut Euphoria and Trade Woes
There are two opposing forces at play in emerging markets. The first is excitement over the dollar’s decline as speculation grows that the U.S. will cut rates soon. And the second is dread over President Donald Trump’s trade war. While Mexico averted the start of new tariffs, Washington’s campaign to shake up trade agreements worldwide is still wreaking havoc on global economies. China’s import and export data on Monday may evidence that pain. But the impact of Trump’s unpredictable tweets will probably be less detrimental on emerging assets if the dollar’s slide last week, the worst against a basket of currencies since February 2018, proves to be a trend. Read More @ https://www.bloomberg.com//news/articles/2019-06-09/emerging-markets-caught-between-rate-cut-euphoria-and-trade-woes?srnd=markets-vp
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