China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
British consumers are set to see a big drop in energy bills that have been crippling household budgets
2023-05-25 14:22
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:20
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:19
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time,
2023-05-25 13:29
Oil Industry’s Longest-Serving Chairman Seeks Another Four Years
Antonio Brufau, the oil industry’s longest serving chairman, is poised to keep going despite an earlier pledge to
2023-05-25 13:27
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:51
BHP Confident China Property Recovery Will Boost Metals Demand
BHP Group Ltd. is confident China’s troubled property market will turn around in coming months, despite gloomy economic
2023-05-25 12:45
Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed
2023-05-25 09:58
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
2023-05-25 08:56
Top Solar Firm Warns Excess Capacity Risks Wave of Failures
China’s world-leading solar industry could face a wave of bankruptcies if the current aggressive expansion of manufacturing capacity
2023-05-25 08:00
Biden Pressed to Limit Hydrogen Credits Key to New Industry
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say
2023-05-25 07:56