U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said. This would be the...
The Democratic Republic of Congo (DRC), Africa’s second-largest diamond producer, is taking another step toward capturing more value from its vast mineral wealth by shifting from simply exporting rough...
China’s central bank launched overnight reverse repo operations on Monday (Jun 29), a move markets interpreted as deepening its control over liquidity conditions and aligning its policy framework more...
China’s manufacturing activity expanded faster than expected in June, with high-tech production climbing on demand tied to the global artificial-intelligence investment boom while real estate development and consumer goods production...
China Resources New Energy’s Shenzhen initial public offering drew about 6.4 trillion yuan (S$1.2 trillion) in bids from retail investors, a filing showed on Tuesday (Jun 23), as demand...
Central banks around the world are planning to reduce their holdings of U.S. dollars over the coming decade for the first time, reflecting growing concerns over geopolitical risks and...
Samsung Electronics Co and SK Hynix Inc are preparing to announce hundreds of billions of dollars worth in new investments on Monday, according to South Korean media reports this...
UAE state oil giant ADNOC is nearing a $1 billion acquisition of Shell South African downstream business, a deal that would hand the Abu Dhabi company control of about...
Some Asian refiners have recently offered Middle Eastern cargoes to the U.S. West Coast as supply from the Persian Gulf rises with the reopening of the Strait of Hormuz,...
Morgan Stanley has slashed its oil price forecasts for the next 18 month as it expects the reopening of the Strait of Hormuz to accelerate a new supply glut....