According to tanker monitoring data, U.S. liquefied natural gas shipments reached monthly and yearly record highs in December. Analysts believe this puts the country in a strong position to overtake Australia and Qatar as the world’s top LNG exporter by… Read More ›
Geopolitics
December’s Expansion In Manufacturing Activity In China Picks Up Speed – Caixin PMI
A private-sector survey released on Tuesday revealed that while China’s factory activity increased more quickly in December due to higher output improvements and new orders, business confidence for 2024 remained low. At the end of 2023, the Caixin/S&P Global Manufacturing… Read More ›
US Seeks To Restrict China’s Chip Market. This Startup Indicates That It Won’t Be Simple
According to corporate records, a seasoned software executive from Silicon Valley took the lead last year at a startup in his home China. The business disclosed to prospective investors that it would market software for designing microchips, which is mostly… Read More ›
Following A 2022 Decline, Tech Stocks Recently Concluded One Of Their Strongest Years In The Previous 20 Years
After a terrible 2022, tech stocks recovered, helping the Nasdaq experience one of its best years in the previous 20 years. The tech-heavy Nasdaq ended 2023 up 43%, its best year since 2020, which was marginally higher, following last year’s… Read More ›
December Saw The Fastest Growth In Russian Factory Activity In About 7 Years
December had the greatest pace of expansion in Russia’s manufacturing sector in about seven years, according to a business survey released on Friday. Despite this, new export orders fell for the second consecutive month. The S&P Global Purchasing Managers’ Index (PMI)… Read More ›
Asia’s Top-Performing Market For 2023 Was Nikkei; How Will It Do In 2024?
Asia’s top-performing market in 2023 was Japan, as the Nikkei 225 surged 28% to reach levels not seen since 1989. At the close of 1989, the Nikkei reached all-time highs thanks to a bubble in equities and real estate. And… Read More ›
Slow Demand Will Maintain Oil Prices Close To $80/B In 2024, According To A Reuters Poll
A Reuters poll conducted on Friday indicated that international oil prices are expected to remain around $80 per barrel in 2024, with analysts predicting that weak global growth would limit demand and geopolitical concerns might give support. Analysts questioned if… Read More ›
US Updates Its Unverified List Adding 13 Chinese Firms
In a federal notification published recently, the US added 13 Chinese enterprises to a list of organisations that are receiving US exports but that inspectors are unable to inspect. When U.S. export control officers are unable to finish their site… Read More ›
Ukrainian Economy Is Expected To Face Challenging Times In 2024 Due To Growing Concerns About Western Funding
The struggling Ukrainian economy can survive for a few months until outside help comes in, but things will undoubtedly get harder in 2024 and Kyiv will have to rely more on its own resources. The majority of the $43 billion… Read More ›
Oil Prices Increase As Supply Chains Are Disrupted By Red Sea Strikes
Tuesday saw an increase in oil prices as Houthi terrorists from Yemen, who are affiliated with Iran, attacked ships in the Red Sea, disrupting maritime traffic and forcing firms to reroute vessels. At 05:30 GMT, Brent crude futures increased by… Read More ›