Here’s the forecast by the International Energy Agency for fossil fuels, including oil, gas and coal for Southeast Asia upto 2040. On Tuesday, the International Energy Agency forecast that the demand for crude oil in Southeast Asian is likely to… Read More ›
Paying 3000 pounds for an hour’s chat with a “rock star” analyst to be a thing of the past. On Monday, as per a thinktank’s findings, banks which charge thousands of pounds for briefings from top analysts typically exemplify an… Read More ›
The move is not only in line with U.S. President Donald Trump’s efforts to shift manufacturing back to the United States but also has material cost savings factored in it. On Monday, Japan’s Mitsubishi Heavy Industries Ltd (MHI) and Boeing… Read More ›
Artificial intelligence (AI) is already having a significant influence on everyday life, from Amazon’s Alexa learning which restaurants its users like, to Apple’s iPhone predicting the next word in a text message. What happens to economic growth if artificial intelligence starts generating… Read More ›
Ratcheting up the pressure on the world’s second-largest economy ahead of President Donald Trump’s visit to China next month, the U.S. has been disappointed this year at China’s lack of progress in pursuing market-oriented reforms, said a senior administration official…. Read More ›
Activity could improve in the longer term as the global crude market comes into balance, said the world’s top two oilfield service firms on Friday but warned that weakness in offshore exploration and slower producer spending may weigh on current-quarter… Read More ›
Traders of any European asset class would be forced to hand over personal identification such as passport numbers to every venue they trade on due to a seldom-discussed aspect of the looming MiFID II laws which is a potentially a recipe… Read More ›
This should be read in the context of Larry Fink, the CEO of Blackstone, the largest asset manager in the world, saying the warning signs of the U.S. economy are getting darker. In what is likely to be a bid… Read More ›
With the demand for legislation that would allow young, illegal immigrants a path to permanent residency, nearly two dozen major companies in technology and other industries are planning to launch a coalition, according to reports by the media. The documents… Read More ›
Despite healthy corporate earnings and economic growth, investors are concerned that steep valuations may mean a correction is overdue, on the 30th anniversary of the 1987 stock market crash, when U.S. stocks are at a record high. However, is a… Read More ›
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